A business management approach where managers and employees set clear, measurable goals together. Often abbreviated as MBO. Compare with 目標管理, which is a shorter synonym.
See also: 目標管理
Our company has introduced management by objectives, and each employee sets their own goals.
Management by objectives is known as a method that increases transparency in performance evaluation.
A shorter synonym for 目標による管理, also meaning management by objectives. 目標による管理 is more explicit about the 'by objectives' part, while 目標管理 is a compact compound.
A Japanese translation of the English business term 'management by objectives' (MBO), coined by Peter Drucker. The phrase is a direct calque: 目標 (objectives) + による (by) + 管理 (management).