Dear Pon,
It is nothing but 360 x 2.
The appraisals are done twice. I am enclosing a ppt downloaded earlier from our site to explain it clearly.
And another version of 720-
In traditional 360 degree appraisal, raters include:
• Boss
• Peers – immediate & functional colleagues
• Direct reporters
• Colleagues and internal customers
Then, 540 degree appraisal add more external customers and suppliers
Of courses, 720 degree would also take the feedback from stakeholders & family. So that in 720 degree appraisal, feedback is taken from external sources such as stakeholders, family, suppliers, communities….
However the first version of apprising twice is in practice and more effective also.
with Warm regards
S.Sethupathy