Management by Objectives (MBO) is a management approach that aims to improve organizational performance by aligning goals and subordinate objectives throughout the organization. The basic principle of MBO involves setting specific, measurable, achievable, relevant, and time-bound objectives. This process allows employees to understand what is expected of them and how their roles contribute to the overall success of the organization. By establishing clear objectives and providing regular feedback, MBO helps improve communication, motivation, and employee engagement. Overall, MBO is a valuable tool for enhancing organizational efficiency and effectiveness.
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