The 360 feedback system is a significant way to gather important information and insight to be utilized in the decision making process by the management. As such, this system finds great importance in the human resource and research field. Business heads and managers make the use of this evaluation method to understand the strengths as well as weakness of the employees. The results obtained from the evaluation are tabulated automatically to create an efficient plan for the growth and development of the organization. The system also offers a brilliant way to the employees to develop effectiveness and efficacy in their current roles. It helps them to know about areas where they are doing well and also the areas which require improvement. Thus, the 360 feedback system serves as an excellent development tool for the organizations to enhance overall performance and productivity and take their business to exceptional heights.