Understanding 360-Degree Performance Appraisals
I wanted to know about Performance Appraisal. I know it is theoretical but not practical. For example, if I have to conduct a 360-degree PA, then should I fill out feedback questionnaires from family members, superiors, peers, friends, and customers? Is it possible for production floor employees? Kindly revert back, I am a bit confused.
360-degree appraisal gives a general overview of the strengths and weaknesses of the company. All good companies conduct a 360-degree appraisal for each individual. Once completed, they collate all the received information to derive the 360-degree view of the organization. This result provides insights into the strengths and shortcomings of the organization and aids in developing a long-term OD plan. In some companies, they further segregate the 360-degree appraisal for those in leadership positions to identify their strengths and areas for improvement.
The purpose of this exercise is not only to create an OD plan but also to assist individuals in enhancing their skill sets to align with the organization's values.
This is how 360-degree appraisals work. However, in some organizations, like the one I worked for in the past, they conduct a 360-degree appraisal but only provide feedback to the employee without analyzing the organization as a whole. In such cases, the 360-degree appraisal remains a theoretical exercise, as there is no follow-up to address the identified shortcomings. Behavior and attitudes are influenced by various factors beyond the workplace, and change requires continuous effort and support.
When the 360-degree appraisal was initially introduced, its purpose was to highlight organizational shortcomings. In my current company, we perform separate 360-degree evaluations for leaders to assess their leadership capabilities and then develop training modules to address any gaps. We also engage external consultants to mentor leaders based on the identified shortcomings. Additionally, we conduct a general 360-degree appraisal for all executives to create an OD roadmap focusing on areas needing improvement based on the total organization score.
We conduct the 360-degree appraisal every two years to allow time for the learnings to mature and for improvements to be implemented effectively.
For 360-degree appraisals to be effective, it is essential to integrate organizational development efforts with individual growth and not solely focus on individual feedback. Your CEO likely has plans that are implemented based on the organization's 360-degree scores.
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