Feedback isn’t just a kindness today, but a necessity for growth and development if not the main building block for it. When it comes to feedback that has it all, there is no other tool to talk about than 360-degree feedback.
As a mechanism that provides insight into all accounts such as strengths, weaknesses, and growth opportunities, 360-degree feedback is an invaluable method. Unlike what we’re used to from traditional performance appraisals, 360-degree feedback gives a wide range of perspectives to peers, managers, subordinates, and even external partners.
Let’s dive deeper into the world of 360-degree feedback, what it is, why it’s important, how it works, and why it’s integral to personal and organizational learning and development!
Table of Contents
What Is 360-Degree Feedback?
360-degree feedback is a well-rounded performance evaluation approach that collects feedback from several sources around an individual’s workplace. 360-degree feedback differs from the traditional performance reviews that typically gather feedback from only the supervisor in charge.
As the term 360-degree implies, this type of feedback seeks out input from multiple perspectives ranging from peers, subordinates, managers, and other relevant parties to one’s work. It’s not only different in perspective types but also in terms of the overall viewpoint of what 360-degree looks into.
With the 360-degree feedback method, employees are evaluated through a holistic viewpoint which will include their performance, behavior, and competencies. The collection of this information from such sources usually occurs via anonymous surveys, asking questions regarding the employee’s behaviors, such as leadership, problem-solving, and crisis management.
Since this approach to performance evaluations has such a wide-angle view of an individual, it becomes a powerful tool that can guide employees and organizations alike to thrive in their industries and reach long-term success.
Why Should You Practice 360-Degree Feedback?
As we mentioned, the holistic view that 360-degree feedback provides is an invaluable asset to any employee and organization simply because it promotes self-awareness, supports employee growth, and uncovers blind spots. Let’s take a closer look into the types of benefits 360-degree feedback provides.
What Are The Benefits of 360-Degree Feedback?
- Holistic Viewpoint: As opposed to the traditional feedback format that is received from a single supervisor perspective, 360-degree feedback seeks out multiple sources from multiple position levels. This way, the evaluation gains a more well-rounded outlook into the individual’s performance and their impact on the organization.
- Enhanced Self-Awareness: Since a diverse range of sources provides insights, the level of self-awareness that can be gained through 360-degree feedback is inherently more valuable due to the fact that it will lead to a more thorough understanding of one’s self. This way, an individual can receive data about their performance and use it to grow and develop as an individual.
- Promotes Accountability and Ownership: When individuals are able to receive feedback from multiple sources, they are that much more likely to take accountability for their performance and development. Knowing that the feedback they receive not only comes from their manager but also from their peers and teams that they lead themselves will add a more serious sense of responsibility with regard to their role and to their career growth as a professional.
- Strengthens Relationships and Communication: Engaging in 360-degree feedback cultivates open communication within the organization. It lays the ground for a workplace in which employees are valued and get opportunities for constructive interactions about their performance. This helps strengthen relationships, builds trust, and fosters a culture of continuous development within the organization, not to mention encouraging employee engagement.
- Supports Succession Planning: An effect of encouraging talent development is the support of succession planning. 360-degree feedback is a very detailed source of information on the talent within an organization which gives the perfect space to strategize in terms of succession planning. It not only helps identify high-potential individuals but also helps spot areas for improvement as well as advancement opportunities.
- Drives Organizational Performance: A combination of all these benefits is the ultimate cultivation of organizational performance. As individuals grow and develop, the organization itself becomes more equipped in their industry and are better prepared to lead their sector. Through this process, 360-degree feedback helps align individuals’ goals with organizational objectives, driving performance improvement at all levels.
How To Implement 360-Degree Feedback?
The best and easiest way to implement 360-degree feedback is to use the right tool. There are plenty of incredible feedback platforms out there but when it comes to integrating 360-degree feedback into Microsoft Teams and Outlook, we strongly recommend that you try the highest-rated performance management application in the Microsoft Teams App Store: Teamflect.
Step 1: Download Teamflect
Whether you are inside the Microsoft Teams App Store or the Outlook App Store, simply search for Teamflect.
Since Teamflect uses your Microsoft Account to log-in and draws your organizational chart directly from Entra ID (Formerly Azure AD), you won’t need to spend any extra time setting up or adding users manually!
Step 2: Go To The Feeback Module and Choose My 360 Degree Feedback
Once you’ve added Teamflect as an app inside Teams, you need to choose the feedback module and go to the tab “My 360-Feedback”. From there you can reach all of your feedback templates that are ongoing or previously conducted surveys.
Step 3: The Actual Feedback
360-Degree feedback inside Teamflect is comprised of three main sections:
- Self-assessment
- Feedback from providers
- Results
The self-assessment section involves the individual the particular 360-degree feedback cycle is centered around answering feedback questions about themselves and contributing with their own perspective.
The “Feedback Providers” section includes feedback received from:
- Managers
- Sub-ordinates
- Peers
- External parties
When a feedback request is sent, the feedback providers receive an easy-to-complete 360-degree feedback template through Microsoft Teams or Outlook and deliver their feedback with ease. Once complete the only step left is analysis.
Step 4: Analyze Feedback With Analytics and AI
Once the surveys have been filled out you’ll be presented with an in depth analysis of the results to your 360-degree feedback.
While you can read the results yourself, you can also choose to summarize the results with our built-in AI feature and make the process easier and more efficient.
Additional: Integrate 360-degree Feedback into Performance Appraisals
360-degree feedback can be integrated into different facets of performance management with ease to provide leaders and employees alike with a more complete perspective on each other.
When using a complete performance management solution like Teamflect, you can integrate 360-degree employee review questions into performance appraisal, integrating perspectives from direct reports, peers, external parties, and managers, into an individual’s performance appraisal.