Effective Performance Management Systems are essential to businesses. Regardless of your industry or niche, if your employees are not engaged, they will be less happy, less productive, deliver lower rates of customer satisfaction, and even stay with your firm for shorter periods. Performance management is not an easy to navigate field. It is constantly evolving. Every year a new trend in performance management emerges and HR departments are often misunderstood. Employees are frustrated, unmotivated, and not engaged, and managers are frustrated by the poor performance of teams and individuals. Fortunately, more and more companies are realizing the importance and benefits of an effective performance management system who are helping organizations to improve performance management.