Leadership 360 appraisals are an invaluable tool for any company. As an employee rises in the company ranks to an executive level, the feedback they receive on their performance becomes less reliable because of perceived biases, power differentials and perceptions of status. This, in turn, can limit the effectiveness of executive performance and ultimately affect company success.

Top 3 Benefits of Leadership 360 Appraisals

1. Identify and Build Great Leaders

Leadership 360 Degree Feedback provides executives with the opportunity to gain a holistic assessment of their leadership skills and performance based on ratings by direct reports, peers, employees, and even clients. Great leaders are few and far between, and this assessment gives a company the ability to identify natural leaders within their organization, and the opportunity to foster their development and growth for the benefit of employees and the company as a whole.

2. Improve Workplace Collaboration

Leaders who are open to feedback, and value the professional opinions of others within the company, are individuals who lead by example. Building trust and respect amongst colleagues, subordinates and employees is immensely valuable to a company. It fosters workplace collaboration which not only benefits company success, but every single employee as well.

3. Build Workplace Morale & Engagement

When employees see their leaders and executives undergo a 360 Degree Evaluation similar to their own, there is an inherent respect for the fact that they also strive for continuous self-improvement, and recognition that everyone, at every level of the company, can work to improve themselves. This brings leaders and executives onto the same playing field as every employee, and can help build a positive workplace environment that encourages engagement.

Leadership 360 Degree Evaluations can help companies assess business processes and the effectiveness of roles, and gain invaluable insight into business culture, leadership and management.

Are you interested in 360 appraisals for your company? Contact us today, our experts will introduce you to Grapevine’s comprehensive 360 Degree Evaluation Tool and answer any questions you might have.