Let us see the two approaches of Floor walking by management teams.
Gemba : It is a Japanese word meaning "Real Place".
Gemba Walk: Imagine, everyday you do our job routinely and life goes on. One day , you are doing your work and to your surprise, you find your project manager, portfolio manager or department head, SMEs come to your place and understand more about the work from you as how you go about doing it. This is what Gemba walk is all about. Here a focused effort is made on the part of the management team to understand how work is actually happening, from the operators/team members's perspective. What are the challenges that are there and what are the opportunities for improvement.
MBWA: This is another approach of floor walking by management team. Here the focus is not specific to a particular activity or process or type of work, unlike Gemba walk. But it focuses on managers checking with employees on the fly, about the work they do and provide more often than not , some suggestions and do not indulge much in probing questions/queries. This often may not produce the necessary result.
There are some differences between these 2 approaches.
Examples of Gemba Walk:
Imagine in an IT company, you are working in your desk. Your Technical architect, Solution Architect, Portfolio Manager, GL walks through the floor and have a discussion with you. You are explaining your application and convey the fact that multiple vendors are working on that project and you dont have control over the performance of the application as that part is not owned by your organisation. You say that Performance of few features is time consuming (and you are consuming those features for proceeding with your work). This is hampering your functionalities or work. Now you have given your observation, the management team(and other stakeholders) will take cognisance of this and will come up with some action plan.
Examples of MBWA:
Imagine you are in an IT company. The mgmt team along with other relevant stakeholders does a walk of the floor. They come to your place (hop over to your desk) and ask about how things are moving. You tell shift constraint (afternoon shift) as an issue due to lack of machine in the team. They suggest your lead to change your shift to day time (suggestions are made rather than with probing questions that can go address the root cause). The caravan goes and the next person is being asked for issues .
Conclusion:
Looking at both the approaches and their benefits , one can conveniently say that Gemba Walk is superior. There is something called Gemba Kaizen , which does help in continuous improvement as well.