Who introduced and popularized Management by Objectives (MBO) in his 1954 classic work ‘The Practice of Management’?

Explanation

• Management by Objectives (MBO) is a collaborative goal-setting process where management and subordinates jointly establish aligned performance targets.
• Peter Drucker introduced MBO to ensure individual employee effort directly furthers strategic organizational objectives.
• Peter Drucker is widely recognized as the ‘Father of Modern Management’. MBO principles align directly with SMART criteria.