Whenever referring to industrial psychology or human resources, 360 degrees feedback stands out as a business method that offers feedback coming directly from one employee’s work circle. In most situations the process involves direct feedback that is offered by colleagues, supervisors and subordinates, together with self-evaluation. The 360 degrees feedback method works really well in increasing company productivity and happiness.
A 360 degrees evaluation process will bring in results that can be used in order to map and plan specific development paths. All results can be used to make administrative decisions connected with promotions and payments. Debates still appear about this feedback method but we cannot deny the fact that positive results are always obtained when working with experienced professionals.
Benefits Of 360 Degrees Feedback
Various studies highlighted the fact that 360 degrees feedback will improve the performance of the employee as it helps notice different performance perspectives. That will not be visible at first because of the fact that it takes time to see results but performance will almost always increase as the employee understands the various faults that exist and how better productivity can be obtained.
Although there are many different things that we still do not properly understand about motivating employees, we all know that understanding the problems can always lead towards pinpointing solutions. This is, most likely, the most important benefit that has to be understood: the employee becomes aware of the problem and will be told what has to be done in order to improve in the future.
Disadvantages Of 360 Degrees Feedback
We can say that there are no disadvantages that appear when using 360 degrees feedback in the event that the campaign is built properly. With this in mind, it is really important that you work with a professional that does know absolutely everything about how a campaign has to be built from planning to offering long-term result advice.
It is quite difficult to locate a really good professional that can take care of the 360 degrees appraisal process. When you hire a company that does not have all the necessary experience, the results that will be gained will not be accurate. That can easily lead towards a performance drop. With this in mind, make sure that you always work with someone that knows how to handle such a process.
Do You Need 360 Degrees Appraisal?
Because of the fact that you are reading this article, there is a strong possibility that you have some problems with the company that you run or that you want to take it to the next level. In both situations the use of professional 360 degrees appraisal can be really beneficial. This is mainly because of the fact that the employees can realize what is wrong or what can aid them reach the next level in career development.
Make sure that you fully understand the process before you hire a service provider. This is the most important thing at the end of the day. The more you know about this, the higher the possibility that you will make correct decisions and that the campaign will be effective in increasing company productivity!