Performance Management Cycle

What is a Performance Management Cycle?

A performance management cycle is defined as the process that focuses on improving your business results by helping your employees reach their potential. If you want to have a simple definition, it’s a cycle of planning, checking, and measuring the performance of an employee as the project. You work with your employees to:

1. Set definite and idealistic goals to achieve
2. Review how they can achieve those goals successfully
3. Support employees to put their goals into action
4. Review their performance against those goals taken

A solid performance management cycle and its management is an important part of any business that values its staff. Not only because it helps you manage performance in the workplace, but also because it helps you create better employee engagement.

Also, See: Performance Improvement