Management by objectives (mbo) was first outlined by Peter Drucker in 1954. In MBO practice, specific objectives are determined jointly by managers and their subordinates. The objectives must meet five criteria: they must be (1) arranged in order of their importance, (2) expressed quantitatively, (3) realistic, (4) Consistent with the organization's policies, and (5) compatible with one another.
Management by objectives (mbo) was first outlined by Peter Drucker in 1954. In MBO practice, specific objectives are determined jointly by managers and their subordinates. The objectives mus…