Performance management is a process of making sure that an organization is performing in an effective and efficient manner. A vital part of performance management is making sure that employees are meeting their goals by completing the tasks assigned to them by building processes to monitor these tasks and assess their effectiveness. People tend to make mistakes so it’s important for companies to make sure they have processes in place to assess the productivity and potential risk levels of each employee so that any issues can be dealt with swiftly before a crisis happens.