360 Degree Feedback as a Tool for Employee Development


 
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360 Degree Feedback as a Tool for Employee Development
Paula Kokare, Project Manager, Switzerland, Premium Member
Increasing globalization and quick technological changes in the current business environment demand organisations to achieve greater results in shorter time. How and when can continuously monitoring employee improvement metrics and individuals’ performance using 360 degree feedback help organizations in this challenge?
  • EXTERNAL INVOLVEMENT: while subordinates, peers and supervisors are the most common stakeholders involved in the feedback rounds, 360 degree feedback will not help improving company’s competitive advantage if it does not consider insights from internal and external customers. Additionally, several authors suggest involving family or other related parties outside the organization for each individual being rated.
  • BENEFITS TO INDIVUALS AND ORGANISATIONS: implementation of 360 degree feedback encourages cultural change towards team work and empowerment; this feedback process can serve as an executive development tool, help succession planning and...
 

 























 


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