In a previous post, we looked at ways 360 degree reviews can benefit leaders. We’ve also discussed why 360 degree feedback is effective for development. The feedback obtained can be used for organizational growth, team development and individual improvement. Today’s post will focus on the benefits to the individual from increased self-awareness to development of skills.
- Increases self-awareness:
One of the most important benefits to an employee receiving 360 degree feedback is increased self-awareness. Participants are given a complete report that includes their strengths and areas for improvement. This gives the employee insight into their behaviour and into how they are perceived by others in the organization. A deeper understanding is reached when the individual compares their self-assessment with those of the raters.
- Balanced view:
360 feedback reviews are useful to the employee as they provide a well-rounded and balanced view of their skills and behaviours. In this model, feedback isn’t just given from the individual’s supervisor but from a variety of people in the organization. This provides a fair and more accurate picture of the employee’s demonstrated behaviour.
- Leverages strengths:
360 reviews are key to identifying employee strengths. Unearthing strengths is important for acknowledgement and also for personal improvement. Identifying strength in a particular competency allows for the creation of a tailored development and training plan. An employee may exhibit strength in an area and when given additional development will excel. Developing strengths is important for an employee’s career growth and for the company’s effectiveness.
- Uncovers blindspots:
As 360 feedback gives multi-rater feedback, it allows the individual to uncover blindspots in their behaviour. This enables the employee to understand the behaviours that they are exhibiting, but never notice themselves. Uncovering blindspots is important for continuous employee improvement. Highlighting blindspots allows an individual to focus on learning and development needs that are applicable to those overlooked behaviors.
- Development of skills:
The most important aspect of 360 reviews is that they give individuals a starting point for the development of new skills and behaviors. This includes building on current strengths and developing new skills. The 360 process gives individuals ownership over their own improvement through the creation of customized development plans. This encourages individual accountability and gives employees control over their career paths. Taking the central role in their own development also increases the engagement of employees in the feedback process.
360 degree feedback•Competency development•Employee Journey Analytics•Talent development•