Common Benefits of 360 Degree Feedback Programs
Here are common benefits of 360 Degree Feedback programs:
Increases Self-awareness: Self-awareness means understanding one’s personality, working style, leadership and management approaches, including strengths, weaknesses, beliefs, motivations, thoughts, and emotions, all of which have a dramatic and significant impact on a person’s overall effectiveness.
Clarifies Behavior: The very act of evaluating and measuring a person’s behaviors helps convey what behaviors and skills are important to the organization. In addition, honest and reliable feedback is necessary to test perceptions and expose blind spots. 360 Feedback is a positive disruptor that forces individuals to examine how others experience them in the workplace.
Measures “The How”: In addition to measuring “what” gets done, 360 Feedback helps organizations, leaders, and employees consider how things get done. 360 Feedback Assessments measure skill and style. By focusing on both the outcome and the process, leaders and employees are giving themselves the best chance of creating successful outcomes.
Promotes Constructive Conversations: Eye-opening conversations are often the first step in moving from stagnation to improvement. Ideally, a two-way dialogue with a coach or mentor will help explore strengths and weaknesses and help a person establish goals and build a comprehensive plan for improvement.
Improves Working Relationships: Feedback is something that is often one-sided or altogether missing. By introducing a reciprocal exchange of feedback into a relationship, an implicit message is sent that the participant cares about their co-workers and associates, and they value their opinions and perceptions.
Increases Accountability: The enemy of accountability is ambiguity. It is hard to tell someone to “be a better leader” without providing specific advice. 360 Feedback clarifies behaviors and provides specific feedback that goes well beyond “nice job” or “try a little harder.”
Increases Employee Engagement: Establishing a culture of feedback is essential to employees feeling heard. Asking leaders and employees to engage in the feedback process helps reinforce organizational values of fairness, respect, belonging, and psychological safety.