A performance management cycle is a continuous process of planning, implementing, measuring, and analyzing employee performance. It works towards the achievement of holistic performance management by aligning employee success with that of the organization.

Historically, a performance management cycle should last a year. But in recent times, this isn't the case anymore. In a labor market emphasizing feedback, employee engagement, and employee experience, more companies are becoming more agile in their performance appraisal cycle.

This move has led to organizations adapting to shorter performance appraisal cycles, usually quarterly or semi-annually, coupled with a culture of regular feedback.