What is the new Performance Management system, including 360 degree performance appraisal?
A performance appraisal is a method of evaluating a staff member's job performance. The staff member receives feedback, in anonymous form, on performance ratings from multiple sources - a circle of stakeholders - peers, superiors and subordinates. Their collective appraisal gives the staff member clear feedback on personal strengths as well as areas that need further development. The new online staff performance management system, which includes a 360 degree performance appraisal, was rolled out to all staff in March 2012. The first part of the appraisal cycle was completed during May 2012, followed by the mid-term review in end September, and the 360 degree feedback by end November 2012. The new system, which is complemented by a new performance management framework, supports and reinforces results-based performance management with meaningful and relevant consequences as it enables the holistic assessment of staff members' performance. The new system is considered a major tool for fostering and facilitating cultural change.