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Credit-Bearing Internship Program A Division of the Frank L. Criminally Family Career Resource Center 308 Affairs Center Buffalo, NY 14260 Tel.: 716-645-3233 Fax: 716-645-3231 E-mail: mgt-cbip buffalo.edu
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Management by objectives contract is a performance management approach where an agreement is made between an employee and their supervisor on specific goals and objectives to be achieved within a certain time period.
Both employees and their supervisors are required to file management by objectives contracts.
To fill out a management by objectives contract, employees and supervisors need to collaborate and identify specific goals, establish measurable targets, create an action plan, and set a timeline for achievement.
The purpose of a management by objectives contract is to align individual employee goals with overall organizational objectives, enhance performance, and provide a framework for ongoing performance evaluation and feedback.
A management by objectives contract typically includes the employee's name, job title, specific objectives, performance measures, target dates, and any additional relevant information.
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