As a leader in healthcare, it is imperative that you manage performance every day. On an annual basis, you'll have to conduct a performance appraisal. Please distinguish between performance management and performance appraisals. Performance management and performance appraisals can work hand-in-hand for best outcomes. If both are not managed effectively, the results will show in your staff, and may reflect poorly on you. This assignment is designed to assure that you understand the importance of both of these important aspects of a leader's job.