Start-ups in a dynamic business environment

Performance management is a critical part of any organization and comes in different forms. Describe the ideal performance management framework for a start-ups in a dynamic business environment.
• Intro: Explain how the performance management practices have evolved with the emergence of start-ups in recent years. • Body: Describe each step of the performance cycle (goal setting, tracking performance, rating or not, feedback on performance) and justify your choice of tool/method with external references. Share an example of how performance is manage in a start-up of your choice. • Conclusion: Share your views on the future of performance management.