360 degree feedback is a full circle, multi-source and
multi-rater system of obtaining information from peers, subordinates, and internal and external customers, about the employee’s performance.
Superior
Customers Employee Peers
Self-rating
Direct report Definition
“The 360 degree feedback process involves
collecting perceptions about a person’s behaviour and the impact of that behaviour from the person's boss or bosses, direct reports, colleagues, fellow members in the project team, internal and external customers and suppliers.” - Lepsinger, 1997 How 360 Degree Feedback System Adds Value?
• The multi-rater feedback gives a comprehensive view of an
individual’s performance; • It captures unique information, which other methods usually cannot; • It serves to complement supervisory feedback as the only source for performance standards; How 360 Degree Feedback System Adds Value?
• It promotes a new psychological contract and increases the
understanding about one’s role expectations; • It focuses on competency framework in various roles; • It promotes self-directed learning and provides a road map for employees’ development planning; • It builds in action-orientation around the self monitoring of gaps in performance between others’ expectations and a person’s perceived performance How 360 Degree Feedback System Adds Value?
• It helps everyone to work for a common standards and
institutionalizes performance management; • It promotes commitment to good work among people; • It acts as a key relationship-building tool to enhance team processes and work relationships; • It is an important monitoring and regulatory device. How 360 Degree Feedback System Adds Value?
• It empowers individuals to obtain a realistic assessment of their
strengths and areas of improvement; • It helps in the strategic integration and alignment of performance management, keeping in view the new organisational complexities; • It creates mechanisms for integrating multiple constituencies and inputs and facilitates the development of an appropriate culture for competitive advantage; and • It facilitates organisational transformation. Why Should an Organisation Use 360 Degree Feedback?
• Is the company in a position to meet the new challenges and
the increasing competition with the existing competencies of its employees? • Are the people in the organisation aware of the organisation’s future behavioural needs to ensure its success? • Does the changing environment call for a change in people’s behaviour? Why Should an Organisation Use 360 Degree Feedback?
• Does the training and development system reflect and is it