360 Degree Feedback & Performance Management Ststem Vol 1

In the changed business scenario where Organisations are required to compete globally, Feedback and benchmarks have become global. Organisational survival and excellence require not only meeting but setting global standards. Speed of change Management becomes a critical variable. Organisations haveSystem had to react fast, learn from their experiences and aim towards achieving world class excellence through constant learning and renewal, 360 degree feedback has been found to be one such facilitator of change at the individual level.Though, it was started in mid-eighties at the Indian Institute of Management, Ahmedabad by T V Rao and his team as Top Management Styles and Organisation Effectiveness Program, it was not branded till 1990 as 360 degree appraisal. Once it was branded in the US as 360 degree appraisal, it caught the attention of many corporations and today a large percentage of Fortune 500 companies use it in some form or the other. Experiences with it as a development tool have been good, though experiences as a appraisal tool are mixed.This book has a comprehensive coverage of 360 degree feedback, performance management system, linking 360 degree feedback with performance management and finally pay strategies. The primary objective of TVRLS in compiling this book is to encourage more indigenous innovations and enhance learning through mutual sharing.'