Every organization, whether it operates for profit or otherwise, has a mission, a clearly defined purpose for its existence. An organization must have a strategic plan and an appropriate (complementary) structure to achieve its long-term goals and objectives. Strategic planning involves identifying and evaluating the organization's goals and determining the strategies and resources needed to achieve these goals. The organization depends on the presence of people with the right skills, attitudes and capabilities to effectively achieve its objectives. HR strategy is about designing and implementing programs, processes and initiatives to attract, develop and retain such people (human resources). Once a potential employee has been recruited, it is not enough to simply introduce him to the organization (orientation) and allow him to carry out his job in a static way, i.e. without creating an environment in which the employee can further grow and broaden his knowledge and skills, thus being able to add value to the organization. Training means providing employees with the knowledge, skills and attitudes needed to do their jobs. Development is the ongoing process of acquiring the knowledge, skills and attitudes that will be necessary to cope with changes in job demand or to approach a job with greater authority and responsibility. Performance management is a process of defining desired results linked to performance standards for a specific period of time and comparing them to actual results, it is a structured formal meeting in which employer and employee compare the employee's performance with what was initially expected of him/her. Training and development methods may vary (e.g. on the job, machine... ... middle of the document ...... in the main sources of competition, then discuss together how to address these issues. In a specific situation the two agreed that increased publicity was essential and that it should be accompanied by further sourcing abroad and further specialization in the higher real estate market. Human resources are the organization's most valuable asset higher than ever and organizations must be flexible and adaptive to absorb and manage such change. Downsizing has also become popular; this involves having fewer people doing the same work and leads to empowerment. Therefore, whether the direction of the organization is determined by the environment or its strategic choice, the correct performing performance management that leads to effective training and development is critical for organizations to survive and compete in today's world..