Performance tracking is the process of monitoring and evaluating the progress and effectiveness of an individual, team, or organization in achieving specific goals. It involves collecting data on various metrics, such as productivity, quality, and efficiency, to assess how well objectives are being met. This information helps identify areas for improvement and informs decision-making. By using tools like key performance indicators (KPIs) and performance management software, organizations can visualize their performance over time. Regular performance tracking allows for timely adjustments to strategies and processes, ensuring that goals remain aligned with overall objectives and enhancing overall success.