Management by Objectives (MBO) Concept

Management by Objectives corresponds to a concept developed by Peter F. Drucker in the 1950’s, which defines a type of management characterized as a planning and evaluation method, based in quantitative factors, by which superiors and subordinates elect priority areas, establish results to be achieved by the organization, measure the correspondent contributions and proceed to the development systematic monitoring.

From this concept it’s concluded that planning forms the starting point and the decision taking basis, in the way that it’s through it that the organizational goals are defined and established ways to achieve them.

 

Translated from Portuguese by Susana Saraiva, Portuguese-English and English-Portuguese translation specialist. Contact: spams@sapo.pt.