Performance Planning

[pərˈfɔrməns | ˈplænɪŋ]

Performance planning is a  strategy which outlines the KPIs wanting to be achieved by the organization, as well as any other goals or missions. This then guides goals and tasks for individual employees and departments. 

Performance planning process involves 5 stages which are: performance planning, performance monitoring, development plans, performance rating, rewards and feedback; one of the main objectives of performance planning is to create an appropriate performance and career development for employees and the organization.

Part of speech:
Use in a sentence:
There must be performance planning.
Performance Planning