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== Steps in the MBO process ==
== Steps in the MBO process ==
[[File:Success target.png|thumbnail|right|250px|SMART goals are Specific, Measurable, Achievable, Relevant, and Time-bound.<ref>[https://www.mindtools.com/a4wo118/smart-goals SMART Goals]</ref>]]
[[File:Success target.png|thumbnail|right|250px|SMART goals are Specific, Measurable, Achievable, Relevant, and Time-bound.<ref>[https://www.mindtools.com/a4wo118/smart-goals SMART Goals]</ref>]]
'''1.''' Set goals
'''1.''' Set goals. See: [[Goal setting]]
'''2.''' Set realistic goals
'''2.''' Set realistic goals. SMART goals are Specific, Measurable, Achievable, Relevant, and Time-bound.<ref>[https://www.mindtools.com/a4wo118/smart-goals SMART Goals]</ref>
'''3.''' Jointly participate in [[goal setting]], planning, and controlling
'''3.''' Jointly participate in [[goal setting]], planning, and controlling
'''3.''' Operational or Individual: Specific objectives belonging to an individual
'''3.''' Operational or Individual: Specific objectives belonging to an individual
== See also ==
*[[Management]]
== External links ==
*[https://www.investopedia.com/terms/m/management-by-objectives.asp Management by Objectives (MBO): Learn Its 5 Steps, Pros and Cons], Investopedia
*[https://corporatefinanceinstitute.com/resources/management/management-by-objectives-mbo/ Management by Objectives (MBO)], Corporate Finance Institute
*[https://hbr.org/2003/01/management-by-whose-objectives Management by Whose Objectives?], Harvard Business Review
*[https://www.perdoo.com/resources/online-guides/mbo The Ultimate Guide to MBO]
*[https://home.snu.edu/~jsmith/library/body/v20.pdf Management by objective], Southern Nazarene University
== References ==
== References ==
<references/>
<references/>
[[Category: Management]]
[[Category: Management]]