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Home > QFINANCE Dictionary > Definition of management by objectives

Definition of

management by objectives

General Management

method for achieving goals through series of objectives a method of managing an organization by setting a series of objectives that contribute toward the achievement of its goals.

Related definitions of "management by objectives"

Recommended Further Reading (Term count)
  • The Practice of Management
    Peter Drucker (1954)
    Drucker was a major business thinker, who practically invented management as a discipline in the 1950s, and whose views are still relevant today. Asserts that management will remain a basic and dominant institution, with managers being at the epicenter of economic activity. Coined phrases such as “privatization” and “knowledge worker,” and championed concepts such as “management by objectives.” Many of his innovations have become accepted facts...

Definitions of ’management by objectives’ and meaning of ’management by objectives’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’management by objectives’ and other financial terms with our online QFINANCE Financial Dictionary.

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