The initial steps of the performance management cycle involve

The initial steps of the performance management cycle involve

identifying what the company is trying to accomplish $($goals or objectives$),$ creating a set of key performance dimensions, and developing performance measures.

evaluating the effectiveness of the performance management system is necessary to determine needed changes.

performance evaluation, when the manager and the employee discuss and compare the targeted performance goals and supporting behaviors with the actual results.

providing employees with training, necessary resources and tools, and frequent feedback communication.

an employee and a manager identifying what the employee can do to capitalize on performance strengths.