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<p><b>Management by objectives</b> (<b>MBO</b>), also known as <b>management by planning</b> (<b>MBP</b>), is a <a href="page.php?w=management_style">management style</a> involving the defining of specific objectives within an organization and subsequent deciding how to achieve each objective in sequence. It was first popularized by <a href="page.php?w=Peter_Drucker">Peter Drucker</a> in his 1954 book The Practice of Management. In this system of management, individual goals are synchronized with the goals of the organization, with employee performance</p><p>
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