This paper addresses a new method to bridge the gap between the power of optimal multiobjective control and PI/PID industrial controls. First the PI/PID control problem is reduced to a static output feedback control synthesis through the mixed H2/H∞ control technique, and then control parameters are easily carried out using an iterative linear matrix inequalities (ILMI) algorithm. Numerical examples on load-frequency control (LFC) design in a multi-area power system are given to illustrate the proposed methodology. The results are compared with genetic algorithm (GA) based multiobjective control and LMI based full order mixed H2/H∞ control designs.