The performance management cycle is a continuous process that involves planning, monitoring, developing, and evaluating an employee's performance throughout their tenure in an organization. It typically begins with setting clear performance expectations and goals aligned with organizational objectives. Monitoring and regular feedback sessions follow, where managers provide guidance, assess progress, and identify any necessary adjustments or development opportunities. At the end of the cycle, formal evaluations are conducted to review achievements, provide constructive feedback, and make decisions regarding rewards, promotions, or further development plans. This cycle aims to improve individual and organizational performance while fostering continuous learning and development.
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