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Do companies implement 360 performance appraisals?

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Do companies implement 360 performance appraisals?

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Some organizations commit themselves to 360 performance appraisals. This should be done separately from the 360 assessment process. In other words, 360 assessments should not be used as part of the appraisal process. 360 appraisals are an excellent method for improving accountability and gaining better insights into strengths and vulnerabilities from the range of people who observe other’s work most directly. However, these systems require levels of commitment, honesty, and effort that are often difficult to sustain over time. What is the difference between a 360 appraisal and a 360 development plan? The 360 appraisal focuses on a multi-source data gathering process for performance evaluation. 360 assessments limit the purpose of data gathering to development and usually makes the numerical data and comments, if solicited, the property of the feedback receiver only.

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