A STUDY ON “360 DEGREE PERFORMANCE APPRAISAL” AT HALCYON TECHNOLOGIES PRIVATE LIMITED
Appraisal. In today’s changing and volatile world organizations are continually looking for ways to improve performance, and satisfy the demands of all stakeholders. Achieving this almost inevitably involves change, which then becomes the pivotal dynamic for success. For an organization to evolve the people working within it will have to adapt; and for this to be successful, they first of all need to know what it is about the way they are currently performing that needs to change. This is where 360 degree feedback is playing a growing role in organizations through its ability to provide structured, in depth information about current Performance and what will be required of an individual in the future to enable detailed and relevant development plans to be formulated. Professionally managed, 360 degree feedback increases individual self-awareness, and as part of a strategic organizational process it can promote.