Usually means: Setting and achieving specific goals.
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We found 10 dictionaries that define the word management by objectives:

General (2 matching dictionaries)
  1. management by objectives: Longman Dictionary of Contemporary English
  2. Management by Objectives, Management by objectives: Wikipedia, the Free Encyclopedia

Business (8 matching dictionaries)
  1. MoneyGlossary.com (No longer online)
  2. MANAGEMENT BY OBJECTIVES (MBO): Accounting Glossary
  3. Management by Objectives: Management Methods, Models, and Theories
  4. Management by Objectives: Management Dictionary
  5. Management by Objectives: Financial dictionary
  6. Accounting, Business Studies and Economics Dictionary (No longer online)
  7. BusinessDictionary.com (No longer online)

Definitions from Wikipedia (Management by objectives)

noun:  Management by objectives, also known as management by planning, was first popularized by Peter Drucker in his 1954 book The Practice of Management.

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