The aim of this article is to describe Performance Management. Performance management is the process by which often managers and employees come together to plan, monitor and evaluation an employee’s operate objectives and overall contribution for the organization. More than just an annual overall performance review, performance management may be the continuous process associated with setting objectives, assessing progress in addition to providing on-going mentoring and feedback to ensure employees are assembly their objectives in addition to career goals. Performance management’s emphasis is on creating methodical and predictable methods to improve business results, or performance, over organizations. It assists organizations in reaching their strategic aims.