The management process is complex and involves the exercise of interdependent functions of planning, organization, motivation, and control. The human factor and aspects related to its activity within the team were included, such as organizational culture, conflict, power, authority, management style, and teamwork. In the new knowledge society, efficient management, vision and strategic planning, sustainable competitiveness, and efficient management are the vectors of success that ensure the viability of the economy and society in general. The development of the competitiveness of an enterprise, branches, countries, and nations, becomes impossible without the accelerated development of the economy, of the investments in the human factor, and the improvement of the management strategies/aspects. In this sense, we found that the aspects related to the development of post-industrial society, but also of economic competitiveness, have not been sufficiently studied. To date, there is no complex approach to the formation, development, and accumulation of human capital in the conditions of the competitive economy with major impact and long-term effects. The research methods used in this paper are: analysis, description, comparative analysis, and synthesis. Performance management is a strategic and integrated process that "delivers" the desired success, it is a new concept in business management, even if most of its major elements exist, are known, or have been practiced for a long time. Performance management reminds management and employees that all training courses produce results. The major contribution of successful management is the focus on achieving results.