This document discusses 720 degree performance appraisal, a new method of performance management. It begins with an outline of the presentation topics, which include an introduction to 720 degree performance appraisal, a literature review on the topic, definitions and classifications, modern tools, merits and demerits, and case studies of companies using this method. The document then defines 720 degree performance appraisal as evaluating an employee's performance from multiple perspectives, including management, colleagues, customers, and self, with feedback provided after initial and follow-up appraisals. Case studies of companies adopting this model, like NTPC, IBM, Wipro and Infosys, are also presented. The document argues that 720 degree performance appraisal can be a new