Performance Management or Performance Based Management

In this paper we present some considerations about performance and performance management. Starting with the challenge of defining the performance concept, we intend to establish if „performance management” can be a new management system or it is just a sophisticated term for a HR strategy in order to improve the performance of teams and individuals. We also try to discuss the conection between performance management and management by objectives. Whether or not it is exageratted to talk about a performance management, giving the fact that management means a lot of planning, organizing, coordination, people motivating and controling processes, it’s obvious that the performance concept become very important today.