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360-feedback is a powerful tool that provides individuals with a comprehensive view of their performance by collecting feedback from multiple sources, including managers, peers and subordinates. his holistic approach offers valuable insights that can drive personal and professional growth. However, for 360-feedback to be truly effective, it requires careful planning and implementation.
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7 Best Practices for 1 Organise and Plan Accordingly 360-degree feedback can be time-consuming. Planning can significantly reduce your time and money. 2 Choose Focus Areas for Evaluation Know what to target to ensure the results received will motivate everyone to take the process seriously. 20% 3 Establish Trust and Credibility According to Deloitte’s 2019 State of Inclusion Survey, bias continues to be a big issue for companies: Of Those Who Felt They Experienced or Witnessed Bias 84% 70% 68% Believed it had a negative impact on how engaged they feel at work Reported a negative impact on their productivity Say it has a negative effect on their happiness, confidence, and well being to the same extent Source: Deloitte Clear communications foster team participation, allowing employees to fully embrace and confide in the process. 4 Involve Leadership and Management Leadership should communicate the benefits to build trust and empower employees in their personal development. How employees feel after receiving feedback: Employee Engagement After Feedback Positive 50.5% 49.5% Negative 10.4% 89.6% Engaged Not engaged/Actively disengaged Employees Looking for Other Employment After Receiving Feedback Positive 58.3% 38.1% 3.6% Negative 20.4% 50.5% 29.1% Passively looking Not looking Actively looking Source: Gallup 5 50 / 100 Ask the Right Questions Determine the right tone and formulate questions to ask employees, while focusing on development. 6 Maintain Consistency and Confidentiality Regularly conduct feedback programs to help your employees overcome their gaps and improve better. 7 Follow Up on Goals and Discussion Data collected from the survey provides a foundation to leverage strength and address challenge areas. To know more about 360-Feedback best practices, visit our website today! Click to Visit Our 360 Feedback Tool accendotechnologies.com