MBO (Management by Objectives)

Management by Objectives (MBO) is a leadership approach where managers and employees work together to set clear, specific goals for a certain period. These goals align with the company's overall purpose and are measurable. Regular progress reviews are held to assess achievements and address challenges. MBO encourages employee involvement, accountability, and focus on results, helping organizations improve performance and ensure everyone understands their roles in reaching shared objectives. It promotes a structured process for planning, monitoring, and evaluating performance, fostering motivation and clarity within the team.