360 Degree Performance Appraisal Process
What is 360-degree
appraisal?
The term "360 Degree Appraisal" refers to a review
conducted by upper management, the immediate supervisor, colleagues,
subordinates, oneself, and consumers. Six people, including the employee or
manager in this case, are evaluating his or her performance. He accordingly
receives feedback on his performance from those around him. Because so many
various parties participate in the evaluation, this method is quite
trustworthy. Due to their ongoing interactions and collaboration with the
employee or boss, these parties are in the best position to assess him. This
technique is mostly applied to measuring employee performance. However, it is
also used to assess other traits like skills, conduct, morals, tempers,
loyalty, and so forth
“The first documented use of surveys to accomplish 360-degree
feedback was in the 1950s, by the Esso Research and Engineering Company”
360-degree appraisal expansion into mainstream use
Following the widespread adoption of 360° feedback by some enormous
international enterprises, it seeped down to smaller businesses. One of the
pioneers in the use of 360-degree feedback for performance reviews was Jack
Welsh, CEO of General Electric. In each feedback cycle, he utilized the
information to support terminating the poorest 10% of employees. Since then,
Jack Welch's rigorous streamlining method has given way to a more sophisticated
application of 360s. Companies of all sizes have shifted away from penalizing
employees for their perceived flaws and toward using feedback to recognize and
build on each employee's strengths. The idea of 360 degree feedback gained popularity from
this time forth in the 1980s, and over the course of the following 20 years,
the term "360 degree feedback" began to be widely used in HR
departments. However, the expansion was still ongoing
Conclusion
Performance appraisals involve more than just evaluating a person's
performance and assigning rewards or penalties as a result. Instead, it aims to
better align and enhance a person's performance in order to achieve the
organization's overarching objective.
Reference
Employees that participate in a 360-degree feedback system or process receive private, anonymous feedback from those who work with them. The management, colleagues, and direct reports of the individual are frequently included in this.
ReplyDelete360 feedback reviews are useful to the employee as they provide a well-rounded and balanced view of their skills and behaviors
ReplyDelete360 Degree Performance Appraisal Process is a great way to ensure that employees are evaluated fairly and objectively. By getting feedback from peers and supervisors, it helps create an overall picture of how the employee is performing and allows for more accurate and comprehensive assessments. This type of system also encourages a more open and transparent work environment, as employees can be sure their performance is being judged in a fair and equitable manner.
ReplyDelete