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Performance Management Process Step 5: Conduct development and career opportunity discussions

Performance management is intended to help people perform to the best of their abilities in alignment with the organization's goals.
It views individuals in the context of the broader workplace system and encourages their input in goal-setting.
Performance management focuses on accountability and transparency and fosters a clear understanding of expectations.
Rather than just annual performance reviews, performance management provides ongoing feedback to employees.

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Final answer:

Performance management is a process used by organizations to help employees perform to the best of their abilities. Step 5 involves conducting development and career opportunity discussions with employees.

Step-by-step explanation:

Performance management is a process used by organizations to help employees perform to the best of their abilities in alignment with the organization's goals. It involves ongoing feedback and goal-setting, rather than just annual performance reviews. The fifth step in the performance management process is to conduct development and career opportunity discussions with employees.

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