Organizations in order to become successful understand it very well that obtaining an all-rounded feedback about the employees is very important. After all, it can help them to understand which employees are fit for their organization and who aren’t. Moreover, it can help employees to grow if they are provided proper training.
However, traditional assessment tools that were used to assess employees are not successful. This is because the feedback that was obtained through traditional tools was full of flaws and mostly biased. This is where the 360 degree feedback tool comes into play.
Understanding the 360-degree Tool
360-degree review is a multi-rater tool that provides an all-encompassing view about an employee. The view is provided based on the performance of the employees as well as on their behavior. The tool is designed in such a way that it ensures that an employee within the organization gets a broader and unbiased feedback from rest of the people who works within the organization.
Through the feedback obtained employees can easily improve themselves. Basically, the feedback offers them the opportunity to work on their weaknesses and improve their strength.
How The Tool Helps In Assessing Employees?
Well, the 360 degree feedback tool provides a host of benefits to the organization. Unlike the traditional tools that are used for assessing employee’s 360 feedbacks is a better option. In this feedback process, employees receive confidential and anonymous feedback from people who works with them. It includes managers, supervisors, peers, colleagues, as well as clients. Thus, the chance of giving a biased review gets reduced. Based on the answers, ratings are provided.
Starting from the managers to leaders of an organization is now utilizing tools like 360 degree feedback in order to understand the strengths and weaknesses of their employee. Depending on the results appropriate plan of action can be taken. For example, in order to help a person develop their leadership skills, proper training can be provided. So it can be seen that 360 degree can become a great tool in order to help a person grow their managerial skills.
Strictly speaking, 360 feedbacks can help to identify whether a person is suitable in their current role or not. If they are lacking some qualities, steps can be taken so that it can be overcome.
Studies have shown that an organization gets benefitted from 360 feedback tool in many ways:
- Improved Employee Performance
When employees get a proper feedback about their performance, they can easily improve their performance for future.
- Higher Functional Teams
Coordination within a team can easily improve when the channel of communication remains open. Therefore, it can help to ensure that the teams become highly functional and operate smoothly.
- Increased Acceptance of the Feedback
As 360 degree feedback tool provides feedback suggestion from every other staffs, it gets usually accepted by an employee. The reviews are not biased and rather all-rounded.
It can be thus concluded that tools like 360 degree feedback can be a great assessment tool for any sized organization. Feedback from this tool can help any employee to work on their career development.