Use 360 degree surveys for identifying development and training needs
360 degree surveys
serve as a development tool for the business organizations to evaluate the performance, as well as development needs and requirements, of the employees. These aim to provide groups and individuals valuable information about their strengths, weaknesses and training or development needs. This feedback is collected from the co-workers, peers, supervisors, managers and others while using a well designed questionnaire which covers all important areas and competencies, such as abilities or skills, productivity, job performance and much more. The data collected is then organized and tabulated to make a report which shows the weaknesses, as well as strengths, of the target employee.
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Also, since the feedback is collected from the multiple sources in the 360 degree surveys, the employees and workers tend to find the results more compelling, as compared to the traditional evaluation process, which is conducted by a manager or supervisor.
Also the questionnaire is kept confidential and anonymous in order to facilitate more open and honest feedback from the employees. This helps the employees to identify their strengths and weaknesses and the areas where they are doing well or the ones which need improvement. This also helps to boost up the employee’s morale which eventually leads to improved productivity and performance.
The organization also gets a clear idea of group or individual development needs and thus can figure out effective ways to improve the overall performance of the organization. This will lead to more cost-effective and efficient use of the development resources, as well as improved performance. You can use the same questionnaire again after a specific period of time to assess the effectiveness of development and training by measuring the improvement in productivity and performance of the employee. Thus, 360 degree surveys significantly help to enhance the organization’s performance which eventually leads to increased sales and escalating profits.