what is evaluation by objectives?

Evaluation by objectives, also known as Management by Objectives (MBO), is a management process where goals and objectives are set collaboratively between managers and their employees. It stipulates that performance can be improved by defining specific objectives that are aligned with organizational goals.

To understand the concept in more detail, here are the steps involved in the process of evaluation by objectives:

1. Goal Setting: The first step is to establish clear and measurable goals that are specific, measurable, achievable, relevant, and time-bound (SMART goals). These goals should be set collaboratively between managers and employees, ensuring consensus and understanding of expectations.

2. Performance Planning: Once the objectives are set, a plan is created on how to achieve them. This may involve identifying key actions, milestones, and resources required to successfully accomplish the objectives.

3. Regular Check-Ins: Regular check-ins take place between managers and employees to monitor progress towards achieving the objectives. These meetings provide an opportunity to assess performance, discuss challenges, and provide support and feedback.

4. Performance Review: At the end of a defined period (often annually), a formal performance review is conducted. This evaluation assesses the extent to which employees have achieved their objectives and identifies areas for improvement. The review is typically based on specific criteria and the achievement of pre-defined targets.

5. Feedback and Development: Following the performance review, feedback is provided to employees regarding their achievement of objectives. Positive feedback is given to acknowledge successes, while areas for improvement are identified, and development plans are created to enhance performance.

By implementing evaluation by objectives, organizations aim to align individual goals with organizational objectives, enhance communication, increase employee motivation, and improve overall performance.

Remember, the specific application and process of evaluation by objectives may vary between organizations, so it's important to understand your organization's specific approach and guidelines.