Importance of 360 feedback system
Performance appraisal or performance evaluation is one of the most effective ways to assess the performance of the employees at workplace. This helps the business organizations to figure out effective ways of improving the performance of employees and also boosting up their morale. The most commonly evaluated areas are organizational skills, strength of relationships with others, competency with respect to completion of tasks, productivity, quality of work, growth expectations and several other factors. The 360 degree feedback is one of the most significant parts of the evaluation process of employee performance. It works as one of the important development tools as it helps the employees to identify their weaknesses and strengths. This system allows the employees to get feedback from different people including their peers, supervisors, mangers and coworkers.
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The 360 feedback system
gathers comprehensive feedback about the performance, attitude and behavior of a specific employee. This helps the employer to find out the ways to improve the performance of employees and boost up their morale. Also, it is very important that 360 degree feedback should be kept anonymous and confidential so that the employees can give a clear and honest feedback about the target employee. Thus, in a business organization where 360 feedback is implemented in a right and proper way, the employees would be able to cultivate their skills and develop their careers in a better way. The 360 feedback system helps the employees to comprehend how effective they are, at work, as staff members through the perspectives of other people.
The ultimate objective of making the use of this system in the business organization is to provide the employees a fair idea about the kind of attitude and skills which are required in an organization. It also helps them to discover the types of skills which the employees must develop. These skills and competencies are the key to success for any business organization which enable it to achieve its mission and goals. Thus, this system is extremely important for the business organizations as it is not just a performance evaluation method but is a persistent development project.