Which management approach involves goal setting and was popularized by Peter Drucker?

The approach that involves goal setting and was popularized by Peter Drucker is Management by Objectives (MBO). This management technique emphasizes the importance of defining clear, specific objectives for employees and aligning individual goals with the organization’s overall objectives.

MBO operates on the premise that setting specific goals can drive performance, enhance motivation, and improve communication within the organization. By involving employees in the goal-setting process, it fosters a sense of ownership and accountability over their work, thus leading to a more engaged workforce.

Drucker advocated for this approach as a way to clarify expectations, assess performance, and achieve desired outcomes effectively. This methodology also encourages regular evaluation of progress towards goals, enabling adjustments as needed to ensure that objectives are met.

In contrast, the other options focus on different aspects of management. Performance Management is broader and encompasses the overall process of improving organizational performance, not solely through goal setting. Operational Management deals with the administration of business practices to create the highest level of efficiency possible, while Behavioral Management focuses on understanding and managing employee behavior within the organization.