<P> Management by objectives at its core is the process of employers / supervisors attempting to manage their subordinates by introducing a set of specific goals that both the employee and the company strive to achieve in the near future, and working to meet those goals accordingly . </P> <P> Five steps: </P> <Ol> <Li> Review organizational goal </Li> <Li> Set worker objective </Li> <Li> Monitor progress </Li> <Li> Evaluation </Li> <Li> Give reward </Li> </Ol> <Li> Review organizational goal </Li>

The two types of objectives most commonly used in management by objectives (mbo) are