What Is 720 Degree Performance Appraisal?

Hi Guys,
As far as I know about 720 degree appraisal, is different from your side. Here in 720 degree appraisal, same method follows as 360 degree appraisal, but some extras have been added to this 720 degree appraisal. In 360 degree appraisal, work life balance dont interfere but in 720 degree appraisal, it comes into the situation.
Does anyone know, who introduced this 720 degree appraisal?
If you want to know just mail me at: [Login to view]
or you know the answer, just mail me.. because I want to know how many companies presently are accepting this method.

Dear Les & Ed,
I truly appreciate your views howsoever different it can sound. The bottom line is, we need intellectuals who can appreciate and at the same time be open to such discussion in whatsoever form/shape it takes. Good show! We look forward to such views/counter-views..Keep it up!
Loshua Sapriina
Manager-Human Resource

Docs,
Bank Passbook photocopy attested by bank manager, cancelled cheque of the same bank, PAN Card Phot copy attested by bank manager/ Driving licence attested by bank manager, form no. 19 and 10C

Dear All
i have some doubts
doing 360 appraisal for two times in a year seems waste of time and money. moreover if second time appraisal is required first time seems a waste/failure process
As per my knowledge 720 degrees appraisal is to do 360 degrees appraisal for the current year and taking inputs from previous year 360 degrees.
But still i have doubt on it
Any one of you please share clear cut and authorized theory and practical on this 720 DEGREES APPRAISAL
thanking you in advance
with regards
sudheer