University of Delaware Performance Management Discussion

University of Delaware Performance Management Discussion

Question Description

I’m studying for my Business class and don’t understand how to answer this. Can you help me study?

Performance management is one area of management where many leaders could use some extra coaching and guidance. Review the readings, in particular the Stone (2009) article, to gain a broad perspective on performance management.

In response to this discussion topic, define performance management, and share why it is so important to implement an effective performance management system within an organization. Include a general overview of a performance management system within a particular (or fictitious) organization when discussing this topic. Also discuss the benefits of activity-based management (ABM) as it relates here.