It gives a more rounded evaluation of the performance and behavior of the employees and offers valuable insight while unveiling areas for improvement. Also, this kind of evaluation method is ideal to assess the leadership qualities and how the leaders and managers are perceived by the employees. Thus, 360 feedback is an efficient method to forge growth and development in the organization.

With the increasing popularity of this evaluation system, specialized survey software is designed and developed by the psychological experts to carry out performance evaluation in the business organizations. Surveys when conducted in this way are efficient, effective and anonymous.

Besides, it is very important to efficiently design the questionnaire which include open ended questions as to facilitate honest and open suggestions and comments and must also include close ended questions for quantitative ratings. Also, you can include a range of competencies that can even be customized as per the nature of your business and desirable traits.