Management By Objectives

Management by objectives a process by which management and employees agree on a set of goals for each employee, with these goals all contributing to the objectives of the business as a whole employees will be more familiar with the organization's objectives More likely to work productively and fulfill their responsibilities. Both manager and employee know what's expected from them, reducing ambiguity and confusion. Costly and time-consuming process. The meetings and reports required can add to the responsibilities and burden of both management and employe