When it comes to measuring and evaluating the performance of an employee, 360 degree review can be of great help. The 360-degree feedback tool is one of the useful tools which can provide each employee with an opportunity to get an honest and anonymous feedback about their work and behavior from their fellow peers and also from their superiors like managers, supervisors, and HR. Unlike the traditional review tool, 360 reviews is not a tool that can be misused to provide a biased judgment.
Understanding 360 Review
The 360-degree feedback tool is considered to be a multi-rater tool that can correctly evaluate an employee’s performance. Evaluation of an employee is important in order to understand if the employee is productive or not. An effective employee can help to bring in organizational growth. Also, employers can easily understand if any employee needs any kind of development training or not.
It can be said that 360 degree review is a useful tool for organization as it can help during the performance assessment and appraisal time. As the feedback is obtained from multiple sources it can be very helpful for the employees. After all meaningful assessment can help in the growth of the person.
Importance of the Review Tool
In today’s competitive business, one cannot do without tools like 360 degree feedback. This kind of tool can be used for providing an in-depth evaluation of the employee’s behavior and performance. The 360-degree feedback tool which can be used for reviewing employees differs vastly from the traditional tools. The best thing about 360-degree feedback is that it can provide a wide range of benefits to the employees as well as to the organization.
Studies have shown that with the increasing popularity of 360 degree tool has lead to the development of the tool in such a way that it provides efficient and effective review. In short it can be said that the questionnaire of the 360 degree review is designed in such a way that it can include only honest feedback. Once the competency level of the employee is judged it can be used to introduce employees under various kinds of development programs.
Offering a Wide Range of Benefits
The truth is that 360 degree tool can provide a lot of benefits. They are:
Increased Self-Awareness: One of the important benefits of 360 degree review tool is that it helps with increased level of awareness. Employees can easily learn about their strengths and weakness. They can also learn how their behavior is perceived by other.
Increase Effectiveness: The evaluation and review provided by the tool can help in building productivity and effectiveness of the employee. Once they work on their weakness they can easily improve their work productivity.
Promoting Development: Once the weaknesses are pointed out, it can be worked upon easily. For this, several development programs can be arranged which can help the individual to improve. Thus, the 360 degree review can help an employee to improve their career.
The 360 degree feedback tool is very useful for providing effective review about an employee’s performance and behavior. Thus, it helps employees with personal growth.