An essential “economic organ” of the modern industrial civilization is management. An
essential component of a successful firm is proper administration. In the lack of effective management,
a profitable company might become a losing enterprise. The acronym MBO stands for “Management
by Objectives.” It is a method that is frequently applied to create and carry out operational goals.
Organizational objectives are typically developed through compliance. The MBO strategy, in contrast,
involves staff members in the formulation and implementation of these operational goals that are
directly relevant to their work. This essay discusses the goals and strategies for the MBO idea. It
also emphasizes recommendations for qualitative and quantitative organizational improvement.
The information for this research paper was gathered from a variety of sources, including websites,
annual reports, articles, periodicals, and related books. The current paper is theoretically developed.
The MBO, its workings, and its effects on Indian companies are all subjects of study.