Context The SHRM Essential Guide (2023) states the following, “For performance

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Context
The SHRM Essential Guide (2023) states the following, “For performance management (PM) to be effective, it needs to be a process, which means we need to think about PM, not just performance appraisals. The process of PM is a way to provide feedback, accountability, and documentation for performance outcomes”, p. 123. 
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Please respond to the following:
Analyze three of the PM key success elements offered within chapter 4 of our SHRM Essential Guide text and apply them to a brief plan you could offer upper management in order to change existing performance management practices. 
Recommend several realistic ROI (return on investment) expectations upper management could use as a rationale to support your selections. 
Provide recommendations that will promote upper management’s understanding of PM initiatives.