This report discusses the critical issues faced by people managers, skills and knowledge required for effective people management, and performance management process. It covers lack of flexible working hours, talent management, performance management, and employee relationship. The report also outlines technical, conceptual, and interpersonal knowledge, team management, communication, negotiation, and patience as essential skills for effective people management. The performance management process includes evaluating current performance level, assessing performance levels required, deciding how to achieve these, implementing, and reviewing. The report concludes with recommendations for the company to increase efficiency and productivity.