Performance Management Cycle Defines goals and objectives, including longer term career goals Updated frequently with progress Driven by ongoing evaluation, feedback, performance appraisal, and professional goals Performance Management Performance Plan Feedback Mid-Year Evaluation Year-End Performance Appraisal Notes achievements, progress against goals, and areas for continued improvement Typically drives compensation Notes achievements and performance gaps during the year Ongoing documentation as a function of interactions with managers, clients, and colleagues Notes incremental achievements and gaps during the first half of the year Reassess goals and objectives