360 degree evaluation- Must for balanced and comprehensive employee reviews
The 360 degree survey
is an efficient evaluation method that offers in depth assessment of the behavior and performance of the employees. This evaluation method varies from traditional performance evaluation or appraisal, as it collects valuable feedback from various sources, such as mangers, colleagues, peers, stakeholders, clients, which are then compiled to give a comprehensive review. Thus, 360 degree evaluation provides valuable
insight which helps to unveil areas for improvement or concern that are otherwise missed in an evaluation which is conducted by the management alone.
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This kind of evaluation is perfect to assess leadership skills and managerial qualities and also how the leaders and supervisors are perceived by the teams. So, this evaluation method is an efficient way to forge growth and development in the organization. However, it is quite important to consider few essential things to make the most of the evaluation process. Careful and proper planning helps to ensure success and efficiency of these kinds of initiatives and help the organization to maximize the benefits.
Today, more and more organizations are making the use of 360 degree evaluation
as one of the best development tools.
The feedback received in this way helps the employees to have a better understanding of the weaknesses and strengths and also to find out effective ways to work on them. However it is quite important that the raters, which are providing the feedback, must have direct working experience with the employee. In 360 degree evaluation,
the ultimate objective is to have a fair idea of how others view the behavior and performance of a specific employee within the organization, in terms of various performance factors or specific competencies.
Of course, all this is carried out confidentially and anonymously to ensure open and honest feedback from the employees. The results obtained are then utilized to create an appropriate development plan for a specific employee, which will focus on training needs and strengthening areas.