Human Resource Management

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Management by objectives (MBO)

A technique to establish individual performance objectives which are tangible, measurable and verifiable. Individual objectives are derived or cascaded from organizational goals. Top managers agree their own specific objectives compatible with the organization's goals but restricted to their own areas of responsibility. Subordinates do the same at each lower level, forming an interlocked and coherent hierarchy of performance targets.

See also:

Performance assessment
Performance management
Performance-related pay (PRP)
Soft HRM
Soft Planning
Strategic HRM
Talent Management

Based on the glossary section of Human Resource Management, 4th edition.

HRM Textbooks

Human Resource Management

Human Resource Management, 4th edition
by Alan Price
 Covers all the key aspects of HRM. Available from:
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Fundamentals of Human Resource Management

Fundamentals of Human Resource Management
 Shortened version of Human Resource Management - concise analysis for non-specialists and one-semester courses.
More information and prices from:
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