Topic № 58
Performance Management

What is performance management process?

Performance management is a communication process by which managers and employees work together to plan, monitor and review an employee's work objectives and overall contribution to the organization.

Performance management is a continuous process of planning, coaching and reviewing employee performance.

Performance management is an ongoing process of communication between a supervisor and an employee that occurs throughout the year, in support of accomplishing the strategic objectives of the organization.

What are the three stages of performance management?

Performance management offers three basic phases or stages for employee development: coaching, corrective action, and termination.