management by objectives

management by objectives definition - business

management by objectives

A system in which managers and employees work together in order to reach a consensus on an organization's objectives. Employee performance is then periodically reviewed in relation to progress in meeting the identified objectives.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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