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Component: LOD-SF-PM
Component Name: Performance Management
Description: A feature that allows HR administrators and managers to combine employees' self-feedback with inputs from colleagues and external participants to have the most comprehensive view of the employees' performance.
Key Concepts: 360 Reviews are a type of performance review used in SAP’s Performance Management (LOD-SF-PM) component. This type of review involves feedback from multiple sources, including the employee’s manager, peers, and direct reports. The goal of a 360 Review is to provide a comprehensive assessment of an employee’s performance and identify areas for improvement. How to use it: In order to use 360 Reviews in SAP’s Performance Management component, the manager must first create a review template. This template should include questions that will be asked to all participants in the review. Once the template is created, the manager can then assign the review to the employee and their peers, direct reports, and other relevant stakeholders. The participants will then answer the questions in the template and submit their responses. Tips & Tricks: When creating a 360 Review template, it is important to ensure that all questions are relevant and appropriate for the employee’s role. Additionally, it is important to provide clear instructions on how to complete the review and ensure that all participants understand what is expected of them. Finally, it is important to provide adequate time for participants to complete the review so that all responses can be collected and analyzed in a timely manner. Related Information: For more information on 360 Reviews in SAP’s Performance Management component, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/LOD_SF_PM/latest/en-US/f9f8d7a2b3e14c8a9f3d7c6b2f5e4d1a.html