Management by objective (MBO) is a process defined by Peter Drucker in 1954 where specific objectives are set within an organization and communicated to employees. The process involves 1) setting organizational goals, 2) establishing employee goals and deciding how they will achieve objectives, 3) monitoring progress, 4) evaluating performance, and 5) rewarding employees. Regular evaluation and monitoring of employee progress is important for the effectiveness of MBO in providing structure and additional performance.

1. Management by objective
By: RAJ ARYAN BHARDWAJ

2. Meaning
It give by by the petar drucker in 1954 .
MBO is a process of define specific objective within organization that
management can convey to orgenisation member then deciding how to
achieve each objective in sequence .

3. Step of MBO
1. Revenue orgenisation goal.
2. Set worker goal.
3. Moniter progress.
4. Evaluation .
5. Reward .

4. 1. Revenue orgenisation goal.
The entire development of an organization depends on the
set goals. A goal is the most critical and necessary factor
behind the effectiveness and efficiency of an
organization, so it is important to effectively manage set
goals either single or many of different kinds.

5. 2.Set worker objective.
It is the responsibility of the manager to ask
employees about what goals they can accomplish
within a specific time period and what resources
will they use to achieve the goal.

6. 3.Moniter progress.
The process of MBO is not just set for providing
additional effectiveness to managers across the
organization, but it is also equally important for
constantly monitoring the progress and
performance of the employees

7. 4.Evelution.
The performance evaluation comes under the
responsibility of concerned managers and is made
by their participation. Keep in the mind,
performance evaluation is one the most important
factors of the organization that can help operating
certain objectives smoothly.

8. 5.Reward.
When we give reward to our employees for doing extra or
complete work with in time.