One cannot deny the fact that the strength of an organization is strongly related to the strength and the development of the employees who works within the firm. Organizations spend a considerable amount of their revenue in order to find and develop individuals who have the capability to become leaders. Usually, in order to help an individual develop several training program are provided such as executive coaching, individual leadership development, and so on. One of the important tools that can help in the development of an individual is 360 degree assessment.
What is 360-degree Feedback?
360 degree feedback system that is also known as 360-degree review is a multi-rater tool. The tool can be used by organizations for assessing or evaluating an individual’s performance and behavior. Well, the feedback that is provided about an individual can help them to become self-aware about their strengths and weaknesses.
How it Helps Organizations & Individuals?
Usually, the 360 degree assessment tool can be used by everyone who works within an organization. For example, peers, supervisors, subordinates or clients can use the 360 review tool in order to review a respective person’s behavior and work performance. Apart from helping in reviewing the performance of the employee ahead of the appraisal period, it can also help businesses to identify the areas that can help them in their growth. The assessment or the feedback thus obtained can aid in the professional development of the individual.
Understanding 360-degree Feedback for Professional Growth
Growth in one’s career happens when a person improves himself or their working process. Well, a person can improve only when their flaws or shortcomings are pointed out. 360 degree feedback that obtains feedback or information from all-directions helps individuals with their self-assessment process. 360 degree assessment can benefit organizations or executives as they contain clear information or report on some serious things such an individual’s work performance.
Performance of a person is related to organizational as well as professional success. For example, if a person is able to perform well within an organization then that person will be able to bring in more profit for the organization. In order to help that person develop further, several kinds of training programs can be given to them.
Similarly, the 360-degree feedback system can help individuals to know their strengths and weaknesses. Once they know their weak points they can work on it in order to improve themselves. Improving oneself can help individuals to make a steady growth in their career.
Whatever may be the situation, 360 degree assessment can aid in the development of the leaders. Unlike other assessment tools, using tools like 360-deegree feedback can be very successful. The tool helps in addressing the specific needs of an individual so that it can help them to transform themselves according to the assessment and reach the goals laid down by the company.
The 360 degree can help individuals to:
- Measure their progress over time.
- Develop new skills as deemed necessary.
360 degree assessment is an invaluable tool that can help individuals with personal and professional growth. However, in order to make growth in their career they need to address their weaknesses and overcome them.