Performance Management is building on process, adding the relevant communication and action on the progress achieved against these predetermined goals. Simply put,

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it includes activities to ensure that goals are consistently being met in an effective and efficient manner and can focus on performance of the organization, a department, processes to build a product or service, employees, etc The main purpose is to link individual objectives and organisational objectives and bring about that individuals obey important worth for enterprise. Additionally, it tries to develop skills of people to achieve their capability to satisfy their ambitiousness and also increase profit of a firm

Rather than discarding the data accessibility previous systems fostered, performance management harnesses it to help ensure that an organization’s data works in service to organizational goals to provide information that is actually useful in achieving them. and focus on the Operational Networking Processes between that performance level.