What is 360 Degree Feedback and How Does it Work?
360 degree feedback
is a process that is used in order to be able to obtain anonymous,
confidential feedback regarding the performance of an employee from
the individuals who work with him or her. Generally, the people who
contribute this type of feedback include the peers, managers, and
direct reports of the employee. It usually requires the use of an
anonymous feedback form – which many companies are now placing
online for further assurance of anonymity – by between eight and
twelve other people. This form helps to discuss various issues that
relate to the workplace performance and competencies of the employee
being reviewed.
A 360 degree
feedback form will ask questions that are then answered by the
participants using a rating scale, as well as providing the option
for additional written comments. That said, employee being reviewed
will also complete a self-rating form that will ask him or her the
same questions that were posed within the survey completed by the
other participants.
Through the use of this feedback, managers within your company will be able to obtain a more
complete comprehension of the strengths and weaknesses of an employee’s
performance. When the surveys are completed online, software can then be used to
tabulate the results of the ratings automatically, so that they can then be
presented in a way that will make the feedback usable for the development of a
plan that will reward the employee’s strengths while improving on his or her
weaknesses.
The responses of the feedback survey participants are grouped by their category,
such as: manager, peer, direct report. This helps to maintain
anonymity while illustrating the trends among the various people
with whom he or she regularly interacts.
The reason that 360 degree
feedback has become so popular is that it offers managers creating
performance reports a much greater perspective than what they,
themselves, have witnessed and can obtain through department
statistics.
What is Measured by a 360
Degree Feedback Survey?
This feedback is capable of providing a measure for the competencies and behaviors
of an employee. It allows for the creation of assessments regarding
the perception of an employee from the point of view of the
individuals with whom he or she interacts most regularly. It
addresses various critical skills such as goal-setting, planning,
and the ability and willingness of the individual to listen. It also
concentrates on areas that are more subjective such as character and
charisma, the ability and willingness to be a team player, and the
effectiveness of the individual’s leadership skills.
What is Not Assessed by
360 Degree Feedback?
Though a great deal is
covered by this survey, there are some issues that
cannot be taken in through the use of this technique. They include:
·
Whether or not the employee is meeting the basic requirements of his
or her position
·
How much of the employee’s performance objectives have been met
·
The strength of the job-specific or technical skills of the employee
·
Strictly objective issues such as meeting sales quotas, attendance,
or rate of completion
How Do Businesses Use 360
Degree Feedback?
There are two primary ways
that businesses use this performance review feedback:
1.
As an employee development tool – employees can identify their strengths and weaknesses so that they
can continue in the areas in which they excel and improve upon the
areas where it is necessary. When performed accurately and with the
proper sensitivity, a review can be a
welcomed opportunity to gain insight into an employee’s performance
so that the proper behavioral adjustments can be made and the right
skills can be developed so that they can have the opportunity to
excel within the company.
2.
As an employee performance appraisal tool – using 360 degree
feedback can be helpful as a part of a greater performance appraisal
process. Though it should rarely be used as the exclusive tool for
this process – as it will fail to include vital objective data and
statistics regarding the employee’s performance and may therefore
cause a dip in trust by the employee – it can provide increased
perspective that will fill in information that is not available
through the objective data alone. In terms of performance appraisal,
the feedback should be seen as a tool for rounding out the
knowledge about the individual’s contributions, instead of being the
foundation of the review.
By using 360 degree
feedback, you will be able to gain a much more thorough
understanding of your employees and the way that they function
within your business, so that you will be able to encourage and
support in a more meaningful way, allowing for continual performance
improvement.