360 Fb

360 DEGREE FEEDBACK & PERFORMANCE MANAGEMENT SYSTEMS

• What is 360 Degree Feedback? • How is 360 Degree Feedback useful in

the Performance Management Systems? • What is the importance of communication for a leader? • How Does 360Degree Feedback Support the Organization? • How Useful Is the 360Degree Feedback In Any Organization & How Does it help in the Performance Management Systems?

What is 360 Degree Feedback?

360 Degree Feedback is a system or process in which employees receive confidential, anonymous feedback from the people who work around them. This typically includes the employee's manager, peers, and direct reports and it a communication cycle which goes through channels finally resulting in rewards.

The Concept

How is 360 Degree Feedback useful in the Performance Management Systems?

Companies typically use a 360 feedback system in one of two ways:

1. 360 Feedback as a Development Tool to help employees recognize strengths and weaknesses and become more effective 2. 360 Feedback as a Performance Appraisal Tool to measure employee performance

What is the importance of communication for a leader?

• Proper delegation of work & Responsibilities • Developmental tool. • Lead to success.

How Does 360Degree Feedback Support the Organization?

Define Superior Performance •Identify Competencies and Expectations for your Organization. •Differences by Level. •Identify Position-Specific Competencies. Compose Questions for each Competency. •Quantitative versus Qualitative Data

How Useful Is the 360Degree Feedback In Any Organization & How Does it help in the Performance Management Systems?

• 360 degree feedback is like the

communication cycle. Any communication is said to be complete when the “FEEDBACK” is received in the desired form. • Working in the management shows our performance and hence 360 degree feedback plays the vital role as it helps the manager /leader to understand and maintain his authorities and responsibilities easily. • Helps employees recognize their strengths and weaknesses which helps in effective performance of the employees.

CONCLUSION

ESSENTIAL BECAUSE:• Allows the leader to get categorized about • •

his /her “RSDQ” . Allows the organization to perform well as the communication lines improves leading to the ‘progress and productivity’ . 360Degree Feedback is the best for the Leader or for the Managers as they are the people who influence other for getting things done.

"360 degree feedback can promote individual development and improve individual performance if the feedback is linked to developmental planning, goal setting, and organizational support . The four conditions that will maximize the value of the 360 degree feedback process: •The intervention is business-driven. •The organization clearly needs the measured behaviors to support a corporate strategy or goal. •The survey instrument and administration process are reliable and valid. •Conditions for learning new skills exist.

--------------By KARL

“ORGANIZATION TENDS TO LEAD ONLY IF THEY HAVE PROPER PEOPLE ON THEIR SEATS AND IF THEY KNOW HOW TO COMMUNICATE.”

“THANK YOU”