The process of joint discussion and agreement on goals is known as?

The process of joint discussion and agreement on goals is known as Management by Objectives (MBO). This approach involves setting specific objectives for individuals or teams, focusing on the desired outcomes that align with the overall goals of the organization. MBO emphasizes collaboration between managers and employees to define objectives clearly and ensure that everyone understands what is expected of them. This method fosters a sense of ownership and accountability, motivating individuals to achieve the agreed-upon goals.

MBO’s effectiveness stems from its systematic approach that enhances communication between various levels of an organization, allowing for ongoing feedback and adjustments as necessary. By engaging in a collaborative process, employees are more likely to feel valued and invested in their work, leading to better overall performance and goal attainment. This contrasts with other options like MBWA (Management by Walking Around), which focuses on management visibility and informal interactions without necessarily establishing clear goals, or Theory X and Theory Y frameworks, which are theories of motivation and management style rather than goal-setting processes. Therefore, MBO is the most appropriate term for the described process of jointly discussing and agreeing on goals.