LS 360 Degree Appraisal System

The LS 360 Degree Appraisal System - based on the 360 degree appraisal concept - is multilingual tool utilised by LS for performance management and employee appraisal. Scores of reputed organisations both national and multinational, have utilised the LS 360 Degree Appraisal services to guage employees stationed around the globe.
With over a decade of experience in conducting 360 degree appraisals, LS has been entrusted with 360 degree appraisal exercises by both the company HR departments, and by a number of reputed HR consultants, including Hewitt Associates.
The primary objectives of a LS 360 Degree exercise is:

• Reliable management evaluation / assessment
• Improved organizational & personal training/development
• Better team development
• Comprehensive & reliable multi-channel feedback
• Remuneration qualification
• Better customer service
• Promotion / layoff qualification
• Reducing discrimination risk
• Involving staff in developing their own manager.

Administration of the LS System:
The sequence of activities involved in the LS 360 Degree process is given below:

Identification of the Assesses

• Division-wise
• Business Unit-wis
• Location-wise
• Grade-wise

 Identification of Respondents for each Assesse

• Supervisor / Manager
• Peer
• Direct reports
• HR Manager (if required)
• Customers/Vendors (if required)

Collection of Respondent feedback

• Rating Parameters
• Qualitative Comments

 Report Generation

• Graphical representation of the ratings - Assesse-wise
• Distribution of ratings - Assesse-wise, Direct report category-wise (Self, Manager, etc)
• Consolidated Qualitative Comments - Assesse-wise
• Comparative Analysis of the Rating - Assesse Vs Best-in-class, Average, etc.
• Appraisal Index for a Business-Unit, Division, etc.
• Strength and Weakness Report - Assesse-wise, Dept.-wise, etc.
• Perception Gap Analysis between direct report categories (self and manager, etc.)

Analysis of Feedback 

What is 360 Apparisal ?

What is 360 Degree Appraisal?

The 360 Degree Appraisal System is a performance management tool used to evaluate and provide feedback on the skills and competencies of individuals in an organization. read more...

 
What is 360 Degree Appraisal
The 360 Degree Appraisal System is a performance management tool used to evaluate and provide feedback on the skills and competencies of individuals in an organization. The primary objectives of such an exercise are:

• Reliable management evaluation/assessment
• Improved organizational & personal training/development
• Better team development
• Comprehensive & reliable multi-channel feedback
• Remuneration qualification
• Better customer service
• Promotion/layoff qualification
• Reducing discrimination risk
• Involving staff in developing their own manager

The 360 degree appraisal significantly differs from the traditional supervisor-subordinate performance evaluation as 360 degree appraisals calls for feeback on an employee from number of sources including direct reports, peers, managers and the individual. This process enables the employee to be evaluated from an all-round perspective and thereby provides more accurate information on an individual's performance over a stated time period.
 The Concept
Briefly put, the 360 degree method evaluates an employee's performance by collating it with the feedback sought from everybody else: peers, managers, direct reports as well as internal and external assessment from customers. This, along with the employee's self-evaluation forms the final appraisal. The method has been successfully employed by over 90% Fortune 1000 companies over the past decade. It has been primarily used in identifying training and developmental needs of the employees or validating ongoing training programs. It is also used in making decisions relating to promotions, terminations, pay hikes, etc.,

IT SOLUTIONS

Web Application Development   Utilizingthe Internet and the Intranet, your company can link directly to suppliers, factories, distributors, and customers therby making your processes faster and more efficient. read more...

 

Client/Server Applications LS Software has extensive experience in client/server solutions in a wide range of functional areas, with strong emphasis on optimized database management. read more...

 

Product Development LS Software’s dedicated product development team can become a virtual extension of your software company, boosting execution capabilities and significantly reducing cost. read more...

BPO SERVICES FROM LS SOFTWARE

Overview
As your organization strives to improve the quality of processes, with the focus on core competencies, Business Process Outsourcing (BPO) is your answer. We leverage our 20 years of IT solutions expertise in domains such as finance, insurance, eBusiness, CRM, ERP and HR among others for in-depth business process understanding and high quality execution.
We combine the right people, processes, and technologies to help you gain maximum efficiency and achieve competitive advantage. Our BPO portfolio includes end-to-end solutions across a spectrum of industries:

• Financial Services
• Knowledge Services
• HR Processing and HR Outsourcing

Financial Services At LS Software, our financial services team provide transaction processing to diverse industries in the services sector where large transaction processing takes place on a routine basis. Our services have been utilized by a number of national and international firms, including MACH, the world's leading mobile Roaming and Clearing House offering services to mobile operators worldwide.

Knowledge Services Knowledge Services cover the entire data management needs ranging from data entry to data analysis and subsequent decision support through data mining.Our offerings include:

• Data mining/processing
• Productivity enhancements

HR Processing and HR Outsourcing With organizations forced to focus internal resources towards doing what they do best, management of human resources is one area that lends itself well to outsourcing. With more than a decade of interaction in this domain, our services now are utilised by a number of reputed organisations within India and abroad. Our Human Resource offerings include:

• Employee appraisal/assessment
• Employee Perception/Customer Satisfaction Surveys

HR Services from LS Softwares

Overview
LS Software pioneered outsourcing of 360 degree appraisal services in India more than a decade ago. Today, the LS list of HR clients stretch through all the sectors, and include national and international majors, who have thousands of employees stationed all over the globe. In addition to appraisals, LS also undertakes surveys, and performance management for its clients.
Outsourcing to LS helps increase workforce competencies and organizational performance through effective employee assessment, training and development planning for employees – while you can concentrate on generating further profit in your core business.
Our specialized services:

Performance Management Developing systems and processes that guide employee and management efforts to maximize performance and development; includes LS 360 Degree Appraisal  for multi-rater feedback, performance appraisal and development planning

Leadership Assessment and Development Assessing employee strengths and development needs against leadership competency, providing guidance for employee and management efforts to maximize performance and development. This  service would utilise LS 360 Degree Appraisal for performance appraisal and development planning;  and for accelerating the assessment and development of leadership talent.

Employee Perception (Organizational Climate)/Customer Satisfaction Surveys Conducting job/customer satisfaction surveys and employee perception surveys . These surveys have shown a direct correlation between employee's perceptions of their organization's culture and that organization's ability to achieve successful outcomes, including increased productivity, lower employee turnover and higher profitability.

Customized IT Solutions

Web Application Development

With the growing adoption of web-enabled applications around the globe business processes have witnessed a revolution, as translated in the the way organizations interact with suppliers, distributors, and customers (external and internal). These web-enabled applications ensure that routine processes are made more efficient and less time-consuming, even as highly complex transactions are made possible from anywhere in the world with the click of the mouse.

LS Software is in business since 1989 providing customized software solutions to corporate clients in the areas of Manufacturing, Banking, Sales & Distribution, Supply Chain Management, HR and Tourism.Our vast experience in developing and implementing applications coupled with strong expertise in web technologies ensures top-of-the-line applications -- built from scratch or as an upgradation of an existing application.


Client/Server Applications

LS Software has extensive experience in client/server solutions in a wide range of functional areas, with strong emphasis on optimized database management. Our development expertise includes advanced front-end GUI environment, component based interfaces and database server level programming.
We can take charge of your project, right from conceptualization to completion, spanning across  the whole software development life cycle. Project execution can be across multiple platforms and languages. We specialize in the areas of Enterprise Resource Planning (ERP), Supply Chain Management (SCM) and Customer Relation Management (CRM).

Product Development


LS Software’s dedicated product development team can become a virtual extension of your software company, boosting execution capabilities and significantly reducing cost.
You can rely on LS Software’s capabilities, built on more than 20 years of experience in software engineering and project management, to manage on an ongoing basis for:

• Product development
• Testing
• Customization, porting
• Base technology enhancement
• Code perfection
• Product enhancement