The 360 degree performance appraisal scheme is a method of assuring that the performance appraisal of the employee is carried on in a full-blown manner taking into consideration all the essentials bounded to the employee. The 360 degree performance evaluation policy is quite complex and tough to put into operation. One can enquire why organizations spend in 360 degree performance assessment scheme. The reply lies in the observation that this method is useful for continuing growth of the member of staff and it generates a robust management group. The 360 degree performance analysis scheme gives a integrated perspective regarding the contribution of the member of staff. It considers extremely essential factors such as co-ordination, joint effort and leadership. Organizational arrangements established on the 360 degree performance evaluation system, advance the on the whole contribution of the employee with better effects and result in higher productivity of the business. There are some steps which we pursue for implementing the 360 degree appraisal system. It is very important that we have a clear understanding of the system and its effectiveness.

Keywords : Performance Appraisal, 360 Degrees, Feedback, Stakeholders.