Before some time any of you asked about 540 Degree Feedback and also told that this is a new word for us. No friends this is not a neonate word in the world of HR.
The range of feedback on the performance of an employee is generated from the stakeholders - Superiors, Subordinates. Peers, Internal and External Customers, Clients or Suppliers is known as 540 Degree feedback or appraisal.
In this, the customers and suppliers also evaluate the performance which helps us to defferentiate from the 360 degree performance appraisal. General Electric Company, USA, was the first to tryout this concept in early 1990s. Several Reliance Industries, Godrej-GE, Godrej Soaps, Tata Steel, Telco, Voltas, Infosys, Wipro, Eicher, American Express, Thomas Cook, and thermax, to name a few........
Amit Kr. Chaturvedi
28th October 2006 From India, New Delhi
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