Management by Objective (MBO) or Management by Results (MBR), has drawn considerable attention of both academics as well as for practioners.

It focuses sharply on the objectives or results which a manager is expected to achieve within a specified period It emphasis participative management, an approach which provides high motivation to individuals in an organization.

Setting of organizational purpose and objectives

Key results areas

Matching resources with objectives

Setting subordinates objectives

Appraisal

Recycling

Better managing Clarity in organizational action Personnel satisfaction Basis for organizational change

Time and cost Failure to teach MBO philosophy Problems in objective setting Emphasis on short term objectives Inflexibility Frustration

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