Objective of MBO (Management by Objective)

What is the objective of MBO (Management by Objective)?

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The objective of MBO is to modify actions and approach towards completing the job. It can be called outcome oriented. It is an administration system and idea that stresses on goals rather than procedure. It provides accountability and liability and gets to know the workers or employees needs for achievement and self-fulfillment. It meets these requirements by giving opportunities for contribution in goal setting procedure. Subordinates also get involved in development of their own careers.

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