In the broadest of terms, the performance management process features a cycle that starts with Prerequisites and concludes with performance Review.
Performance management exists as a communication procedure by which managers and employees work together to plan, monitor, and review an employee's work goals and overall contribution to the organization. Effective performance management exists important to businesses. Through both formal and informal processes, it allows them to align their employees, resources, and systems to complete their strategic objectives.
Hence, In the broadest of terms, the performance management process features a cycle that starts with Prerequisites and concludes with performance Review.
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