In an organization, employees work towards two goals — one is for self-career development, and the other is for the firm’s profits. Individual employees work with their peers in teams under the orders and directions of their supervisors to accomplish these goals. The organization has to have a program in place to maintain the performance of its employees and managers to ensure continued business excellence and to develop and retain its best talent. Performance management begins by aligning the organization’s short-term goals with its long-term goals.