Nandini -Paper 720 Degree Appraisal .docx - PAPER TITLE...

This preview shows page 1 - 4 out of 12 pages.

PAPER TITLE “AN EXPRESSIVE STUDY 720 DEGREE PERFORMANCE APPRAISAL SYSTEMS” Correspondence Author Ms. Nandini Singh Bhati Research Scholar Department of Business Management and Commerce, Mandsaur University, Mandsaur (MP), India Mailing Address - SH 31, Bypass square, Rewas Dewda Road, City - Mandsaur, State - Madhya Pradesh- 458001 E-Mail – [email protected] 1
ABSTRACT Human resource (HR), the most important asset in any organization and its significance to any company is very well known accordingly. The picture in present scenario tells us that the overall performance of the company depends on its ability to observe the performance of its members. The specific measure on which an organization’s performance depend, by using the same measure we can improve and optimize the employee’s performance. The performance appraisal system plays very important role in human resource framework. This concept has stated in 20th century. It is the process of obtaining, analyzing and recording information about an employee to evaluate and improve their performance. This appraisal system has started from 90 degree to the 720 degree till date. Before the 720 degree appraisal system, the companies are using 360 degree system. But in modern management, the 720 degree appraisal system is about to work efficiently. It is an integrated method where the employee’s performance is evaluated from 360 degree (Management, Colleagues, Self and Customers) and timely feedback is given. The performance is evaluated against the set targets. Therefore, we can state 720 degree appraisal as twice 360 degree appraisal. As the name suggests, the 720 degree performance appraisal is one of the recently introduced concept and the evaluation of the performance from all the aspects and gives timely feedback. In this paper, we are going to analyze and study the 720 degree performance appraisal system on various aspects. The combination of opinions can approximate to an 'accurate' view; because it involves multiple people, it's much less subjective than a traditional one-on-one feedback process. But the real question is, whether 720 Degree performance appraisal system is a reality or a myth. This paper explores the current scenario to answer this question. 720 - Degree feedback is defined as “The systematic collection and feedback of performance data on an individual or group derived from a number of stakeholders in their performance”. KEYWORD - 720 Degree Appraisal, Appraisal System, Concept, Evolution & Dimension 2
INTRODUCTION Performance appraisal conjointly call worker appraisal could be an methodology by which the job performance of an employee is evaluated in terms of quality, quantity, price and time. It is part of career development. Performance appraisals are regular reviews of employee performance within organizations. Any performance appraisal processes in following manner.

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture