its components, namely: (O) Objectives, Outside-in; (P) Profitability (budget) related goals; (T) Target Setting; (I). The management at the computer company Hewlett-Packard (HP has said that it considers the policy a huge component of its success. 1, management by objectives is the process of defining specific objectives within an organization that management can convey to organization members, then deciding on how to achieve each objective in sequence. Print "Masterclass on Mission Statement from Gordon Moore, co-founder, Intel Corporation Gtmhub team blog". The Practice of Management. On Application of MBO in College. New York: Bloomberg Press, 2008.