Today, the trend is towards greater transparency and increased participation while evaluating an individual's effectiveness in an organization. 360-degree performance appraisal answers this issue effectively. The article elucidates the benefits of the system if implemented properly.

Over the last few years, there is increased awareness among the Indian leaders and managers for enforcing the power of 360-degree feedback. It is used for multiple objectives, be it as a change management tool for leadership development or as a tool for assessing the potentials of participants or sometimes for appraising senior managers. The flattening of hierarchies in modern corporations has also broken down the age old methods of assessing the performance of employees. The trend is towards greater transparency and increased participation while evaluating an individual's effectiveness in an organization. The 360-degree appraisal technique now being applied in most well-known organizations proves to be an open worthwhile system of performance appraisal. An attempt has been made in this paper to assess 360-degree appraisal system in the context of development of human resources.

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