Discuss five stages of planning monitoring and developing


Problem

Performance Management is the process that businesses use to ensure that goals, as derived from the strategic plan, are being met in the most efficient and effective ways possible. Discuss the five stages of planning, monitoring, developing, rating and rewarding. Be sure to include your own thoughts on Performance reviews and if you agree or disagree that these should be done. Regardless of if you believe they are beneficial or not beneficial, share WHY you have chosen your decision.

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