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720 degree feedback, also known as 720 degree assessment or 720 survey, is a type of multi-rater performance assessment method. It is a 360 degree assessment that is carried out twice. In the first round, the multi-rater answers are used to formulate individual development plans for the employee.
The number 720 represents the 720 horizontal scan lines of image display resolution (also known as 720 pixels of vertical resolution). The p stands for progressive scan, i.e. non-interlaced.
720 Degree Review – Simply put, 720 Degree Feedback is a 360 degree review done twice. It is a pre- and post-intervention exercise carried out to carry out a comparative analysis and evaluation of employee performance with the aim of further improvement.
Similar to a 360 degree assessment, 270 degree feedback is a multi-rater assessment that solicits feedback from peers, managers and peers in other departments. 270 degree feedback or 270 feedback survey is a type of multi-rater assessment used in employee evaluation and appraisal processes.
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720 Degree Method
These external groups that evaluate the employee’s performance are customers, investors, suppliers and other financial institutions. It is one of the most important modern methods of performance appraisal because this is the only group that determines the success of the organization as a whole.
Essentially a 360 leadership assessment encompasses everything that a 180 assessment does and adds new elements: feedback from direct reports, peers, and internal or external clients.
What is a 360 degree assessment? A 360-degree appraisal is a holistic employee appraisal process. The anonymous views and opinions of colleagues, supervisors and direct reports are collected in order to give an employee comprehensive and constructive feedback.
540 Degree Evaluation – Generally speaking, 540 degree feedback is said to involve the external stakeholders (customers or clients) while receiving feedback. The term is less common, however, and many organizations include customer/client feedback in a 540-degree “360-degree feedback” assessment.
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