management by objectives

management by objectives
= MBO
A management technique in which all levels of management are encouraged to specify and agree quantitative and/or qualitative objectives to be achieved within a set period. Managers must then answer to higher levels of management for the actual performance achieved against these objectives.

Accounting dictionary. 2014.

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  • Management by objectives — (MBO) is a process of defining objectives within an organization so that management and employees agree to the objectives and understand what they need to do in the organization. The term management by objectives was first popularized by Peter… …   Wikipedia

  • management by objectives — ˌmanagement by obˈjectives abbreviation MBO noun [uncountable] HUMAN RESOURCES the activity of controlling an activity and measuring performance in relation to particular aims: • Management by objectives works well at lower levels of the… …   Financial and business terms

  • Management by objectives — (MbO) (deutsch: Führen durch Zielvereinbarung) ist eine Methode aus der Betriebswirtschaftslehre zur Führung von Mitarbeitern eines Unternehmens, die 1955 von Peter F. Drucker erfunden wurde. Unter arbeits und organisationspsychologischen… …   Deutsch Wikipedia

  • Management by Objectives — (MbO) (zu Deutsch: Führung/Führen durch Zielvereinbarung) ist eine Methode aus der Betriebswirtschaftslehre zur Führung von Mitarbeitern eines Unternehmens, die 1955 von Peter Ferdinand Drucker erfunden wurde. Unter arbeits und… …   Deutsch Wikipedia

  • Management by Objectives —   [ mænɪdʒmənt baɪ ɔb dʒɛktɪvs; englisch] das, (s), Abkürzung MbO, qualitatives Personalführungskonzept (Management) …   Universal-Lexikon

  • Management By Objectives - MBO — A management model that aims to improve performance of an organization by clearly defining objectives that are agreed to by both management and employees. According to the theory, having a say in goal setting and action plans should ensure better …   Investment dictionary

  • management by objectives — MBO A management technique in which all levels of management are encouraged to specify and agree quantitative and or qualitative objectives to be achieved within a set period and to answer to higher levels of management for the actual performance …   Big dictionary of business and management

  • management by objectives — (MBO)  Management technique of setting goals and then reviewing performance against them.  ► “On the one hand, MBO is seen as a traditional management tool which forms part of the foundation of effective public management, while at the same time… …   American business jargon

  • Management by Objectives — Führung durch Zielvereinbarung; mehrdimensionales Führungskonzept mit Betonung der Bedeutsamkeit von Zielvereinbarungen mit den Mitarbeitern, weit gehender Delegation von Entscheidungsbefugnissen an die Mitarbeiter, regelmäßiger Rückkopplung zum… …   Lexikon der Economics

  • management by objectives — method of management which sets goals and assignments and determines dates for their completion …   English contemporary dictionary

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