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What has happened in companies traditionally is that feedback is a one-way street. It cascades down from supervisors to subordinates but hardly ever the other way around. Feedback from co-workers and subordinates is something that one at times hears through the office grapevine- not the best of situations. More and more companies have started to realise the importance of all-round feedback through formal channels. According to Forbes, 85% of Fortune 500 companies are now implementing 360 Feedback - otherwise known as 360 Degree or Multi-rater Feedback. This article will be looking at 360 Degree feedback assessments and recommended best practices.
360 Degree Feedback is a system or process in which employees receive confidential, anonymous feedback from the people who work around them. The earliest recorded use of 360-degree assessments is from the 1950s. 360 feedback grew out of the use of a training method called “T-groups” or training groups. Participants met with their peers who were encouraged to share feedback in an open session facilitated by a trained moderator. Notably, before the technological era, 360-degree feedback was a difficult process to administer. The time and effort needed to collect paper forms, collate the data, and produce a summary report was extensive and a significant barrier.
This technological breakthroughs and automation in the process have meant that there has been a significant uptake of the process. The data is collected via respondents that include reporting manager, colleagues, and subordinates and in some cases, clients too. The opinion and ratings from the participants are then fed into the system to churn out comprehensible, actionable development reports.
360-degree feedback program aims at solving multi-dimensional problems in an organization ranging from employee engagement and attrition to development and succession planning. Just like the full angle, 360-degree feedback software gives an all-round report of an employee’s journey in the organization, his strengths, challenges, roadblocks or any latent leadership potential that can be polished with little training and effort. Single sourced feedback is rarely comprehensive enough to be regarded as reliable. 360-degree feedback tool has evolved into a very effective management tool in employee development.
Some advantages that come with 360 Degree feedback are that;
The disadvantages that may come with 360 Degree feedback are that;
Executing a 360-degree assessment successfully requires buy-in from all stakeholders to ensure maximum participation. Sensitizing members on what the process entails is just one of the aspects that need to be addressed. Questions that should be expected in the assessments by participants have to be tailored to the purpose of the assessments. Are the assessments being done for evaluating problem-solving skills? Leadership capabilities? Soft skills set? Current Management? These are some of the aims that should be addressed beforehand.
Some typical questions that can be found in 360-degree assessments as provided by careers site Indeed.com are;
Best practice would also be to add an extra section to accommodate any other comments that a rater might need to put out, whether positive or negative. Most 360-degree assessment templates come with rating scales. The respondent can answer any of the questions about how well an individual ranging from unsatisfactory to excellent.
There are many benefits to 360 -degree feedback. However, a lot of 360 feedback projects can go wrong, which results in poor ROI and can give a bad impression of 360 feedback. The Harvard Business Review acknowledges that 360-degree assessments are as relevant to the work world as ever. However, in order for them to be a success some of the aspects that need to be handled correctly are:
A 360-degree feedback program can be a powerful way of helping employees grow within their organization. Used successfully, it's a tool that increases engagement, identifies training opportunities and helps employees develop in their own role and go on to succeed in a leadership role.
Takudzwa Vanessa Machingauta is a consultant with Industrial Psychology Consultants, a business management and HR consulting firm.
This article was written by one of the consultants at IPC
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