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Definition: Performance Management is an approach that includes activities which ensure that goals are consistently being met in an effective and efficient manner. Performance management can focus on the performance of an entire organization, a department, an employee, a process or another area. |
More on performance management: Balanced Scorecard, Benchmarking, Hawthorne Effect, Management by Objectives, Objectives and Key Results, more on performance management... MBA Brief provides concise yet precise definitions of organizational concepts, management methods, and business models as taught in an MBA program. We keep it short and provide links to high-quality websites where you can learn more about your topic.
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