360 degree

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360 Degree Performance Evaluation Process

BY ADITYA MALU (04) MOHIT SINGHANIA (59) AKANKSHA SHRIVASTAVA (58) DEEPANSH SINGH VERMA(12) SHRUTI BANSAL (47)

The Firmwide 360 Degree Performance Evaluation Process

at Morgan Stanley

During 1993, Morgan Stanley Implemented a new firmwide 360 performance evaluation system for over 2000 professional employees worldwide at a

total cost of over $1.5 million.

Feedback:• Peers.• Subordinates.• Internal Clients.• Self Assessment.Explicit Evaluation Criteria:• Market/Professional Skills.• Management and Leadership.• Commercial Orientation.• Teamwork/One Firm Contribution.

High Quality Data and an Evaluation Director Managing the Process

•Year End Data Packet•Interpreted and Synthesized by Evaluation Director•Important to Integrity of the system•To Preserve the ongoing working relationships•Evaluation Summaries for Promotion and Compensation Decisions•Helpful in Conducting Performance Appraisals

Evaluation Request Form

Annual Self-Evaluation Form

Short Evaluation Form

Long Evaluation Form

Annual Upward Evaluation

Evaluation And Development Summary

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