is a system by which employees jointly determine specific performance objectives with their supervisors, progress is periodically reviewed, and rewards allocated on that basis.

Management by Objective (MBO)

Explanation:

Management by Objective MBO is an agreement on performance set by line managers and assigned to employees. That is, the line managers and employees jointly choose the key performance indicators (KPI) and agree on how they will be achieved. Each objective also has a review time period in which it is to be completed and appraised. Some times is done three months, or six months