Management by Objectives (MBO) is a technique where managers and employees work together to set, record, and monitor goals for a specific period of time. There are five steps to the MBO process: 1) translate objectives into goals, 2) monitor performance, 3) evaluate progress, 4) reward accomplishments, and 5) analyze. MBO has merits such as better management of resources and activities, realistic goal setting, and improving motivation and morale. However, there are also limitations like time and cost difficulties, achieving group goals, and problems with goal setting.

1. Department of Commerce and Business
Administration
MANAGEMENT
BY OBJECTIVES
Abhishek Kumar
Roll number - 5
Mcom - 1st Semester
Subject - Business
Management
PRESENTED BY
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2. Management by Objectives (MBO) is a
personnel management technique where
managers and employees work together to set,
record and monitor goals for a specific period of
time.
WHAT IS
MANAGEMENT
BY
OBJECTIVES
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3. 1
Translate objectives into goals
2
Monitor performance
3
Evaluate progress
4
Reward accomplishments
5 Analysis
STEPS OF
MANAGEMENT
BY OBJECTIVES
There are five steps to the MBO
technique. Implementing this
process involves creating
organizational goals and turning
those goals into a set of individual
objectives that team members can
follow. 03

4. MERITS OF MANAGEMENT BY
OBJECTIVES
first
Better Management
of Resources and
Activities
second
Realistic Goal
Setting
third
Improving
Motivation and
Morale
fourth
Self-Control
05
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5. Problems of Goal Setting
Time and Cost
Difficulty in Achievement of Group Goals
Back to Agenda 05
Management by Objectives Limitations are refers to how MBO can use to
implement business goals and objectives
LIMITATIONS OF
MANAGEMENTBY OBJECTIVES

6. Thank You
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