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What is meant by the term "management by objectives" ?

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تاريخ النشر: 2013/05/26
Anita Viherpuro
من قبل Anita Viherpuro , Consultant , Presentte Oy

It's a process of employee and manager to define objectivs for a certain period of time e.g.
half a year or one year.
I guess also Management by Result is used.
The caracteristics is to have clearly measurable and achievable objectives.
Can be used as basis for performance rewards.