Employee Performance Management €“ A Key Factor In Increasing The Competitiveness Of Companies In The Oil Market

The paper represents a theoretical and practical exploration of employee performance management as a decisive factor in achieving competitiveness for companies in the oil market. Moreover, the article aims to research theoretical and methodological benchmarks regarding the possibilities of effective employee performance management in the context of creating new competitive advantages within companies in the oil market. This work is based on a broad methodology focused on integrating multiple research methods, such as analysis, synthesis, induction, deduction, abduction, content analysis, tabular methods, and graphics, which helped us achieve the overall objective of the research and obtain relevant results. As a result of our research, we can say that employees, in terms of their potential, represent the most valuable resource that deserves to be valorized and consolidated within companies, which will generate increased organizational performance within companies in the oil market.