Journal of Applied Business, Economics and Strategic Management ISSN: 3139-1664 (Online)

Authors: Nilesh Sharma, Priyanka Sharma 

Abstract: Performance management and employee development are critical components of organizational success. This paper examines the relationship between performance management processes and employee development initiatives, focusing on how organizations can leverage performance management to enhance employee skills, capabilities, and career growth. Through a comprehensive review of literature, this paper identifies key strategies and best practices for integrating performance management and employee development effectively. Additionally, this paper provides practical insights and recommendations for organizations seeking to optimize their performance management systems to support employee development.

Keywords: Performance management, employee development, integration, talent management, goal alignment, continuous feedback, individual development plans, coaching, mentoring, training opportunities, career pathing, organizational success.