360 degree evaluation for balanced and comprehensive employee reviews
The 360 degree evaluation
method is becoming increasingly popular in the modern business organizations particularly due to the amazing benefits which the system offers. This evaluation method offers thorough assessment of the performance, as well as behavior, of the employees. It differs from a conventional performance evaluation or appraisal, as it collects valuable feedback from multiple-sources with whom the employee works. This can include managers, colleagues, supervisors, peers, stakeholders and clients as well. The feedback so obtained is then compiled to give a rounded or overall review of the employees’ performance and behavior.
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Thus, 360 degree evaluation offers an unmatched level of knowledge and insight, which also unveils the major problem areas and also areas for improvement which otherwise are difficult to identify and assess.
Thus, this kind of appraisal method is an effective and perfect way to spur development and growth within the organization. Also, as this appraisal method is so detailed, employees tend to receive it more personally, as compared to other performance evaluation methods. Thus, it is very essential to prepare the employees for the data or feedback they would receive. This will help them to take the perceived criticism or feedback in a positive way and prevent them from feeling discouraged or upset. Thus, this kind of feedback would promote effective development and growth of the employees.
Also, it is very important to keep the surveys anonymous and confidential, so that the employees can give an open and honest feedback. The 360 degree evaluation
is very important as it helps to identify the weaknesses and strengths of each and every employee. Thus, every employee is able to see what exactly is required to improve and to enhance overall effectiveness and efficiency at work. So, this appraisal method serves as a perfect development tool which helps to improve overall performance and productivity within the organization.