Known as multi-source feedback, multi-rater feedback, multi-source assessment, and the full-circle appraisal, 360 degree feedback has taken hold across America in organizations large and small. In fact, research indicates that over 90% of Fortune 1000 companies use some type of multi-source feedback.
During World War II, the military used feedback from multiple sources to evaluate performance; businesses then began gathering feedback from multiple sources. Although gathering feedback from multiple sources gained momentum throughout the 1990s, collecting and compiling feedback was time consuming and cumbersome using a paper system. In this millennium, gathering feedback from multiple sources using web-based questionnaires has … Continue Reading…
NBRI - 360 Degree Feedback (15)
Your introduction of 360 degree feedback is really admirable but i want to add something more to it.
I want to mention some additional benefits of 360 degree feedback:
- 360 degree feedback creates more clients
- improves the employee performance
- Minimize hurdles in the way of progress in the business
- Improve management skills
- Improve personal skills
- 360 degree feedback makes the business more profitable etc.