The Performance Management Cycle

The Performance Management Cycle is a continuous process that organizations use to improve employee performance. It typically involves four key steps: setting clear goals, monitoring progress, providing feedback, and conducting evaluations. First, specific, measurable objectives are established. Next, employees work towards these goals while receiving ongoing support and feedback. At the end of a set period, performance is assessed, discussing achievements and areas for improvement. This cycle helps employees develop their skills, aligns their work with organizational objectives, and fosters a culture of accountability and growth. Regularly repeating the cycle ensures ongoing improvement and adaptability.