The performance management process is a structured approach that organizations use to monitor, evaluate, and enhance employee performance to align with business objectives. It involves setting clear expectations, providing regular feedback, and assessing individual and team contributions through key performance indicators (KPIs) and performance appraisals. The process includes goal setting, continuous communication between employees and managers, performance reviews, and identifying areas for skill development. Effective performance management helps improve productivity, employee engagement, and overall organizational growth by fostering a culture of accountability and continuous improvement. It also enables organizations to recognize and reward high-performing employees while addressing performance gaps through training, coaching, and constructive feedback.