I believe that any organization that implements performance evaluations, in order for them to be meaningful, they should be 360 degree. Meaning we need to evaluate all of those individuals within our circle. TMs would evaluate their RSM, their VP, their counterparts etc. RSMs likewise would evaluate their TMs, their VP, President, on and on. It makes no sense for an RSM to give feedback on their team if the TMs do not also have that input. It is very valuable IF it is honestly and critically utilized. We have way too many people in the organization that have not been "evaluated" for both good and bad. Some individuals should be gone or at least coached to better behavior, and others that could be coached into promotions they deserve.