The document discusses 360-degree feedback, which gathers evaluations from multiple rating sources including self, supervisor, peers, direct reports, customers, and suppliers. It is frequently used by large companies and those targeting performance issues or standardization. Pros include promoting feedback within teams and regular evaluation schedules, while cons can include resistance to feedback and high costs. The document argues that 360-degree feedback works best with a clear purpose, proper training, stakeholder inclusion, and repeated implementation without overlap.