Identify and briefly describe the steps involved in the performance management process. Why is it important for organizations to apply these steps when deciding on training and development programs?

Performance management is the process of establishing performance goals and designing interventions and programs to motivate and develop employees to improve their performance and ultimately organization performance. This process involves the following steps: setting performance expectations and goals; monitoring employee performance and providing feedback; and evaluating performance and consequences. These steps are all important and necessary because they lead into and help to determine the need for employee training and development. This involves programs that are designed to help employees achieve their goals and improve their performance. Each of the steps of the performance management process provides information on the developmental needs of employees and leads to action plans for employee training and development.