Performance (Execution) refers to how well a person or team carries out a task or project. It involves not just completing the work but doing it efficiently and effectively. Good performance means meeting deadlines, achieving goals, and maintaining quality standards. For example, a software developer who writes clean code and delivers a project on time demonstrates strong performance.
In a business context, performance can be measured through various metrics, such as productivity, accuracy, and customer satisfaction. Organizations often use performance evaluations to assess employees and identify areas for improvement. This helps ensure that everyone is aligned with the company's goals and contributes to overall success.