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Do you get written objectives from your boss at the beginning of the year and does your salary or bonus depend on this?
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April 30th, 2009
From Wikipedia: Management by Objectives (MBO) is a process of agreeing upon objectives within an organization so that management and employees agree to the objectives and understand what they are. MBO is often achieved using set targets. MBO introduced the SMART criteria: Objectives for MBO must be SMART (Specific, Measurable, Achievable, Realistic, and Time-Specific). Many managers have employed this management technique and have applied it to their company.
http://en.wikipedia.org/wiki/Management_by_objectives
What is your opinion about this system and its principles?
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