Business Definition For

Embed Size (px)

Citation preview

  • 8/14/2019 Business Definition For

    1/44

    Business Definition for: 360 Degree Appraisal

    The management style indicating a preference for focusing on the

    task or people side of management .

    The Great Debates About 360 Degree Feedback

    In the great 360 degree feedback debate, do members of the

    organization provide 360 degree feedback anonymously or

    face-to-face? Do 360 ratings affect performance appraisal

    ratings and salary increases or are they used to provide

    employees feedback for development? These and several

    other debates rage on in the performance management...

    Does 360-Degree Feedback Negatively Affect Company

    Performance

    In the contemporary business era, the 360-degree feedback

    appraisal system is in vogue. 360-degree feedback is a multi-

    source feedback mechanism in which each employee, right

    from the manager, and the peers evaluate and appraise the

    employee. Such feedback system gives a multi-dimensionalperspective on the employee performance.

    360 feedback, Leadership, Management Style and Performance

    Improvement

    This article is to find new strengths and productivity through

    employee empowerment came the idea of performance

    appraisals from subordinates as well as superiors 360-

    degree feedback. It also involves three common ways of

    getting 360-degree feedback. It also includes set of questionsbefore implementing 360 feedback and options of...

    1

    http://jobfunctions.bnet.com/abstract.aspx?docid=171541http://jobfunctions.bnet.com/abstract.aspx?docid=93133http://jobfunctions.bnet.com/abstract.aspx?docid=93133http://jobfunctions.bnet.com/abstract.aspx?docid=56499http://jobfunctions.bnet.com/abstract.aspx?docid=56499http://jobfunctions.bnet.com/abstract.aspx?docid=171541http://jobfunctions.bnet.com/abstract.aspx?docid=93133http://jobfunctions.bnet.com/abstract.aspx?docid=93133http://jobfunctions.bnet.com/abstract.aspx?docid=56499http://jobfunctions.bnet.com/abstract.aspx?docid=56499
  • 8/14/2019 Business Definition For

    2/44

    Giving Feedback on Management Style: The three degrees of

    360 feedback

    Traditionally, feedback on management style has come from

    the top down, either as part of a yearly performance appraisal

    or after a particularly disastrous event. A newer approachconsidered the idea that a manager ought to receive

    management style feedback from more than one source and

    from people who knew...

    Using 360-Degree Feedback In A Talent Management System

    The method of 360-degree feedback involves the use of

    multi-rater feedback systems. The method is popular with

    training professionals and human resource departments. The360-degree feedback method supports the development of

    management and leadership skills. It also helps in assessing

    the strengths and weaknesses of employees and provides a

    basis...

    360-Degree Feedback Best Practices To Ensure Impact

    From the executive summary: The 360-degree feedback

    process, in which subordinates, peers, bosses, and customersprovide behavioral and performance feedback to recipients

    has become ubiquitous in management and human resource

    development practices. The paper presents the best practices

    adopted by the organizations with regard to the feedback

    techniques.

    360 Degree Feedback: The Good, the Bad, and the Ugly

    Implemented with care and training to enable people to better

    serve customers and develop their own careers, 360 degreefeedback is a positive addition to one's performance

    management system. Started haphazardly, because it's the

    current flavor in organizations, or because "everyone" else is

    doing it, 360 feedback will create a...

    2

    http://jobfunctions.bnet.com/abstract.aspx?docid=56502http://jobfunctions.bnet.com/abstract.aspx?docid=56502http://jobfunctions.bnet.com/abstract.aspx?docid=93171http://jobfunctions.bnet.com/abstract.aspx?docid=93173http://jobfunctions.bnet.com/abstract.aspx?docid=171524http://jobfunctions.bnet.com/abstract.aspx?docid=56502http://jobfunctions.bnet.com/abstract.aspx?docid=56502http://jobfunctions.bnet.com/abstract.aspx?docid=93171http://jobfunctions.bnet.com/abstract.aspx?docid=93173http://jobfunctions.bnet.com/abstract.aspx?docid=171524
  • 8/14/2019 Business Definition For

    3/44

    A 360-Degree Look at 360-Degree Feedback

    The general consensus of those interviewed was that, a 360-

    Degree Feedback is good in theory but weak in practice. If

    done poorly, the organization risks discouraging and

    frustrating people; at the very least, resources are spent onfeedback that is then dismissed as having missed the target.

    The Dangers Of Using 360 Feedback For Performance

    Appraisal

    There is a rising demand in organizations for improved

    performance and results. Nowadays, organizations in all

    sectors, including government, are similarly challenged to

    operate more efficiently and effectively. Raising individualand team performance levels is central to this process and

    360 feedback is increasingly used as part of the solution....

    The 360-Degree Audit: Early Warning Device for High-Risk Audit

    Teams

    This article is about risky behavior in audit teams that is to

    adopt the 360-degree assessment, an approach businesses

    have been using for decades. As the name implies, a 360-degree assessment looks at an individual or team from every

    perspective. The 360-degree assessment is particularly useful

    for learning whats going...

    Using 360-Degree Feedback To Evaluate Performance

    The 360-degree assessment points out blind spots

    individuals, team members, and managers cannot see about

    themselves. Depending on the maturity level of the

    individual, this revelation comes as a blessing or a curse.Assessment results should be facilitated in a way that leads to

    a complete process of improvement. Follow-up...

    3

    http://jobfunctions.bnet.com/abstract.aspx?docid=48544http://jobfunctions.bnet.com/abstract.aspx?docid=353756http://jobfunctions.bnet.com/abstract.aspx?docid=353756http://jobfunctions.bnet.com/abstract.aspx?docid=58377http://jobfunctions.bnet.com/abstract.aspx?docid=58377http://jobfunctions.bnet.com/abstract.aspx?docid=56402http://jobfunctions.bnet.com/abstract.aspx?docid=48544http://jobfunctions.bnet.com/abstract.aspx?docid=353756http://jobfunctions.bnet.com/abstract.aspx?docid=353756http://jobfunctions.bnet.com/abstract.aspx?docid=58377http://jobfunctions.bnet.com/abstract.aspx?docid=58377http://jobfunctions.bnet.com/abstract.aspx?docid=56402
  • 8/14/2019 Business Definition For

    4/44

    Retooling 360s For Better Performance

    From the executive summary: The 360-degree feedback tool

    combines input from supervisors, peers, and direct reports to

    provide a broad perspective on an employee's strengths and

    developmental needs. It has insinuated itself into theperformance appraisal processes at an increasing number of

    companies. But as some firms are discovering, the...

    Beyond 360 . . . Adding Suitability To The Mix

    The case study says that 360 degree feedback (360) is a

    method of collecting, summarizing and reporting confidential

    information on a variety of job-related factors from an

    individual's immediate work contacts. A variety of excellentassessment tools are available today that profiles an

    individual's natural tendencies, talents and strengths. ...

    COMPANIES EVALUATE EMPLOYEES FROM ALL

    PERSPECTIVES

    The article discusses that companies are turning to 360-

    degree appraisals which pool feedback from both internal and

    external, customers to receive a broader, more accurateperspective on employees. The supervisor still has the

    ultimate responsibility for the appraisal and ensures that the

    appropriate raters are selected, thereby preventing the ratee...

    Assessment Alternatives: Appraising Organizational Performance

    The 360-degree competency assessment has become the

    default process used by human resources professionals to

    provide feedback to employees regarding their performance.

    Employees are expected to study the feedback so as to figureout their strengths and weaknesses and to develop a plan to

    strengthen their productivity and effectiveness.

    4

    http://jobfunctions.bnet.com/abstract.aspx?docid=90544http://jobfunctions.bnet.com/abstract.aspx?docid=49552http://jobfunctions.bnet.com/abstract.aspx?docid=48430http://jobfunctions.bnet.com/abstract.aspx?docid=48430http://jobfunctions.bnet.com/abstract.aspx?docid=171568http://jobfunctions.bnet.com/abstract.aspx?docid=90544http://jobfunctions.bnet.com/abstract.aspx?docid=49552http://jobfunctions.bnet.com/abstract.aspx?docid=48430http://jobfunctions.bnet.com/abstract.aspx?docid=48430http://jobfunctions.bnet.com/abstract.aspx?docid=171568
  • 8/14/2019 Business Definition For

    5/44

    Interviewing Principles And Practices

    The focus of this presentation is upon performance interview.

    The various topics, which have been covered in this, include:

    new visions for new organizations, preparing for the

    performance interview, selecting an appropriate reviewmodel, conducting the performance review interview. There

    are various ways of evaluating this interview. Some of

    these...

    Today's retail managers begin and end their long workdays

    facing a multitude of job responsibilities. Delegating tasks,

    moving inventory, helping customers, and implementing

    sales promotions are just some of the duties facing these

    front-line leaders. The performance of the store or outletoften rests squarely on the retail manager's shoulders....

    Developing Effective Leaders

    The article says that the New World has rendered the

    traditional "boss-down" appraisal extinct, and a new, and

    more appropriate, approach to assessing management

    competencies that lead to performance has emerged. That

    new approach is variously called "multi-rater feedback,""reverse appraisals," or, most commonly, 360-Degree

    Feedback.

    Staff surveys, 360 degree feedback, employee surveys and

    organisational surveys are powerful ways to ensure organisations

    and people are performing and developing to their potential.

    5

    http://jobfunctions.bnet.com/abstract.aspx?docid=78555http://jobfunctions.bnet.com/abstract.aspx?docid=51384http://jobfunctions.bnet.com/abstract.aspx?docid=78555http://jobfunctions.bnet.com/abstract.aspx?docid=51384
  • 8/14/2019 Business Definition For

    6/44

    Flexible feedback and survey options

    Full Circle Feedback offers a flexible range of quality services in

    the field of staff surveys, 360 degree feedback, employee surveys

    and organisational surveys. We can manage the project for you or

    you can buy the software and do it yourself.

    Staff surveys/employee surveys

    Customised or standard staff surveys

    Customised or standard reports

    Employee survey; Employee Attitude Survey

    administration

    Exit surveys; Culture surveys; Employee Opinion

    Surveys

    6

  • 8/14/2019 Business Definition For

    7/44

    360 degree feedback

    Customised 360 degree feedback surveys

    Standard surveys

    360 degree feedback administration (multi source

    feedback, 360 degree assessment)

    Feedback debrief and coaching services

    7

  • 8/14/2019 Business Definition For

    8/44

    Why It's ImportantMeasures a leader's skill in the 22Core and Adaptive leadership

    competencies most critical for jobperformance. Leaders rate

    themselves and receive ratingsfrom their peers, supervisor(s),subordinates and others (such as customers).

    This process increases self-awareness and drives skilldevelopment. Results are delivered in a report that

    highlights strengths, areas for improvement, anddifferences/similarities in views of behavior. Reportincludes e-learning featuring clips of Hollywood

    movies, television, and historical events plus acomplete online Goal Tracking System to ensurelasting change.

    How It Works

    360 Refined is fast, clear and complete. In just 15minutes participants deliver feedback through 75

    closed-ended questions and four open-endedquestions.

    The Process:

    1.A leader is invited to rate him/herself online, as

    is his/her boss(es), peers, direct-reports, andothers (such as customers). You control the

    administration and watch the responses comein.

    2.Once responses are in, you open the report atthe click of a button. Responses remain

    anonymous, so a leader can administer his or8

  • 8/14/2019 Business Definition For

    9/44

    Why It's ImportantGood supervisory skills areimportant to any manager, from aline supervisor to the CEO.Subordinates look to their boss for

    the guidance and support theyneed to perform.

    How It WorksAn online test with e-learning that reveals a

    manager's current skill level in each of thefour components of good management:

    1.Setting Expectations2.Communicating

    3.Managing Performance4.Providing Support

    Each manager simply answers

    360 Feedback is used by over 90% of fortune 500

    companies. 360 Refined is fast, comprehensive,easy-to-use, and includes 6 months of e-learning.

    Is your organisation ready for 360-degree

    appraisal?

    9

  • 8/14/2019 Business Definition For

    10/44

    Vinita Gupta finds out the righttime and process for implementingthe 360-degree appraisal system.

    Appraisal is a developmental

    process and also a tool for salaryincrement or at times punishment

    (if the appraisal is not good). It is a mechanism usingwhich organizations strive to achieve completedevelopment of an individual. Therefore, theorganization should make sure that the appraisal

    process is transparent and bias free to make surethat no injustice is done.

    In an IT organization, employees are the biggestasset and hence the 360-degree appraisal system is

    a widespread phenomenon and is applauded as agreat development tool by many experts. 360-degreeappraisals are founded on the idea that any

    employees performance is seen by many othersthemanager, peers, direct reports, customers, etc.

    Evaluation is done combining the feedbacks received

    from many people who see different parts of anemployees performance. Also known as multi-perspective and peer-to-peer feedback, managers,supervisors and employees have found it to be

    effective in improving their performance.

    Right culture is essential

    Many organizations always speculate on when is theright time to start implementing the 360-degree

    10

  • 8/14/2019 Business Definition For

    11/44

    appraisal system. Any time isperfect, the more important thingis doing it right the first time. If

    organizations have the scale andsize to implement it whilepreserving the anonymity of the

    participants, it should considerthe same.

    Naresh Shah, Managing Director,India Development Centre (IDC)

    in Bangalore, Novell feels that forthis kind of an appraisal system,

    there should be at least four to sixpeer-level responses and six toten direct-report responses to beable to implement the process.

    11

    "There

    should beat least

    four to six peerlevel responses

    and six to tendirect reports

    responses to beable toimplement theprocess"

    - Naresh ShahMD, IDC,

    BangaloreNovell

  • 8/14/2019 Business Definition For

    12/44

    Vikram Shah, President IndiaOperations, NetApp points outthat appraisals should not be

    looked at only from result point ofview. A good amount of emphasisshould be laid on the process too.

    A matured organization willalways take into account theprocess involved to derivecomplete learning out of the

    appraisal for the employee and

    the organization.

    NetApp deploys a developmenttool based on research done fromstudying a 360 assessment of200,000 employees from different

    industries. This study andsubsequent tool was developed by

    an external agency.

    While it is true that this system

    serves as an excellent purposesince it reduces biases, however it may not always besuccessful. Hence it is necessary to create the rightculture in the company before introducing the

    system. If many people at that time in the

    organization are unhappy or their morale is low thesituation can backfire, says Chetan Shah, ManagingDirector, Synygy India.

    Encourages teamwork

    In todays global world, no12

    "A matured

    organization willalways take into

    account theprocess involvedto derivecomplete learning

    out of theappraisal for

    the employee andthe company"

    - Vikram ShahPresident India

    OperationsNetApp

    "While thissystem

    serves asan

  • 8/14/2019 Business Definition For

    13/44

    The pitfalls

    360-degree appraisal is a little

    complex process whereadherence to process and record-

    keeping will consume a lot oftime. Cost could also be one of the stumbling

    blocks, especially if the process is conductedthrough an external agency.

    No doubt it reduces biases but is not free from

    pitfalls. Hence a 360-degree feedback programme isdoomed if the HR is its only champion. It needs buy-in from senior management as well. Companies

    should train people in giving and receiving feedback.Companies that implement 360-degree feedback

    without first developing good managers who cangive feedback correctly risk serious damage toteamwork and morale. Providing constructive

    feedback calls for instruction, training and practice.

    Chetan Shah adds, While training individuals togive and receive feedback may temporarily increase

    the expense associated with 360-degree feedbackprogrammes, the gains will outweigh the highercosts as the feedback delivered to participantsbecomes more focused, targeting the behaviors

    most closely associated with value creation anddestruction. Ultimately, the goal should be to create

    a culture in which individuals feel comfortable givingand receiving feedback, both positive and negative,on a real-time basis, rather than waiting for an

    13

    since it reduces

    biases, but it isnecessary tocreate the rightculture in the

    company beforeintroducing it"

    - Chetan ShahMD

    Synygy India

  • 8/14/2019 Business Definition For

    14/44

    annual review.

    14

  • 8/14/2019 Business Definition For

    15/44

    The right process for

    implementation

    Create awareness about

    the 360-degree appraisal.Inform the people about

    importance of 360-degreefeedback/how it will be

    conducted Create survey questions

    Create the technicalenvironment to capture

    and report the scores

    Communicate the steps tobe followed for giving theresponses

    Close the survey on theagreed date

    Collate reports and send tothe recipient

    Meet with employees todiscuss results and plan

    future developments

    Provide feedbacks

    Conduct a survey again a

    year or so later, using thesame model to determinethe amount of change

    Presenting the15

  • 8/14/2019 Business Definition For

    16/44

    Appraisal 360

    Like it or not the ever reliable and much debated 360 degreefeedback is here to stay. Want to know how the Fortune1000 companies have made use of it?

    The 360 degree appraisal has been used by more than 90%of Fortune 1000 companies, for the past 10 years. It is aboon to the corporate world though it has its drawbacks. Thepros definitely outweigh the cons. While traditional feedback

    processes have failed miserably, the 360 degree feedbackhas proved to be magical. As opposed to the conventionalappraisal system, wherein the immediate supervisorprovides the employee with unidirectional comments, the360 degree relies on a multi-dimensional feedback.

    The 360 degree performance feedback evaluates anemployees performance by soliciting information andopinions about the individuals performance from peers,

    managers, direct reports as well as internal and externalcustomers. Also known as multi-perspective and peer-to-peer feedback, managers, supervisors and employees havefound it to be effective in improving their performance.

    Where is it applicable?

    16

  • 8/14/2019 Business Definition For

    17/44

    Many organisations have found the 360 degree appraisal tobe useful in:

    Validating selection processes and development

    programmes Identifying training and development needs Pinpointing skills and competencies Making personnel decisions such as promotions,

    terminations, salary hike and probationary status Career development Employee coaching Supervisory training

    Management development Style and leadership awareness Needs assessment

    How does it work?

    The most popular model used, namely the skill model, liststhe skills and behaviour necessary for effective job

    performance. The employee recommends eight to twelvepeople, for his 360 degree review. They can be directreports, peers, bosses, internal customers or any individualwho could provide relevant performance feedback on theemployee. Some companies also ask external customers torate the individuals performance. The supervisor thenselects six to ten participants from the list for appraisal. Theemployee is also required to assess himself.

    The employee is rated in each of the requisite skill areas andthe survey responses are compiled accordingly. Theindividual receives a report summarising others perceptionsof his performance, highlighting his strengths anddevelopment needs.

    17

  • 8/14/2019 Business Definition For

    18/44

    How to implement 360 degree?

    Firstly, human resource personnel and senior managementneed to determine the usefulness of this feedback. Then

    they have to

    Define the skill model to be used. Explain the purpose of the process, the use of the data

    collected, and the steps involved to everyoneconcerned.

    Distribute questionnaires. Complete questionnaires. Process questionnaires. Meet with employee to discuss results and plan future

    development. Provide feedback. Re-survey using same model to determine the amount

    of change.

    Outcome

    The 360 degree feedback allows better understanding ofothers perspectives of the employees strengths andweaknesses. Employee development efforts are morefocused and effective. Feedback being anonymous is morehonest. Thus a better communication between supervisorand employees is a substantial result of this system

    How can 360 appraisal & feedback system be used toimprove performance standards?How does one prepare a customized 360 degree

    feedback strategy & system for one's organization?What are the various steps involved in administering

    360 degree feedback instruments?

    18

  • 8/14/2019 Business Definition For

    19/44

    How do you link 360 degree feedback withPerformance Management System?

    Objectives:

    The program aims at equipping HR managers,corporate planning managers and others with the

    necessary knowledge, tools and experience todevelop such proficiency in the area of 360 degree

    feedback systems.

    To familiarize the participants with the 360 degreeappraisal systems, what they are, how they are to be

    administered and managed, etc.To provide an experience in 360 degree feedbackTo help the participants achieve skills to develop and

    use 360 degree systems

    Methodology:

    The participants will be given feedback as per theTVRLS 360 degree profiling system. The main

    objectives would be:

    To understand the dimensions and dynamics of 360degree feedback through actual assessment byothers.To understand the process of administering and

    managing 360 degree feedback.

    19

  • 8/14/2019 Business Definition For

    20/44

    To receive feedback on roles, leadership styles andother dimensions of managerial functioning and theirimpact as perceived by others in the organization.

    The participants would be given an in-depthknowledge of 360 degree feedback. This would be

    through the following inputs.

    Nature of 360 degree appraisal & feedback

    Various advantages & disadvantages, conditions forsuccessIndian experiences

    360 degree instruments designing andadministeringDesigning 360 degree systems

    The participants may design a 360 degree feedbackprogram and instruments for their respectiveorganizations. They will test out the same throughindividual and group activities. Those who already

    have 360 degree feedback systems may review,revalidate and renew the same.

    Participants should be prepared to stay for an extraday in case he/she is interested in designing 360

    degree instruments for his/her own organization.

    360 Degree Appraisal

    Appraisals are perhaps the most important aspect ofemployee retention; if people feel valued and fairly

    compensated, nothing in the world can induce themto jump ship. The question this presents is: how to

    assign value and compensate accordingly ? Mostcompanies still perform evaluations manually, now

    20

  • 8/14/2019 Business Definition For

    21/44

    this might not be a very complex and timeconsuming process for a small scale Enterprise, butfor Enterprises supporting more than 70 staff

    members it becomes a never ending process. Add tothis, quarterly reviews, well it would seem that

    managers have time for nothing but appraisals;business development, financial planning, problemsolving etc. would all suffer because employees needto be evaluated on time and compensated

    accordingly if they are to be retained.

    Feel the pressure if you dont satisfy the

    employees, you loose good people worth keeping;on the other hand if you go on evaluating oneemployee after another, your business suffersincalculably. A catch-22 situation. By this time

    youre probably at your wits end. Well, hang inthere; the new age Avatar software technology

    has come to the rescue !

    Our appraisal software automates the entireappraisal cycle, drastically reducing the timeconsumption, while improving the process qualityand experience of both the appraiser and theappraised. And this is just a small part of what a 360

    Degree Appraisal software can do; check out the listbelow to fully appreciate the extent and scope of

    tasks automated and simplified.

    The List

    profiles an individuals personality traits, talentsand work styles

    21

  • 8/14/2019 Business Definition For

    22/44

    executes performance evaluations on interim /regular basis

    tracks and monitors performance and milestones

    achieved

    facilitates: work plan establishment and

    objective setting

    detects performance gaps and measures eachindividuals pace

    generates un-biased reports, encompassing

    every aspect of an individuals capabilities,aspirations as well as expectations

    The entire process is designed to help you in makingthe right decision, for the right people at the righttime; this in turn saves you time and effort; but evenmore importantly it streamlines employee activity

    with business goals and allows optimizedperformance management and planning.

    The Power of 360 Degree Feedback

    By

    T. V. Rao

    Raju RaoT V Rao Learning Systems Pvt. Ltd.

    Ahmedabad

    In the changed business scenario where organizations are

    22

  • 8/14/2019 Business Definition For

    23/44

    required to compete globally, benchmarks have become globOrganizational survival and excellence require not only meetbut setting global standards. Speed of change becomes a cr

    variable. Organizations have had to react fast, learn from thexperiences and aim towards achieving world class excellenc

    through constant learning and renewal. 360 degree has beefound to be one such facilitator of change at the individual le

    Though it was started in mid-eighties at the Indian Institute

    Management, Ahmedabad by T.V.Rao and team as TopManagement Styles And Organization Effectiveness Program

    was not branded as 360 Degree Appraisal. Once it was brandin the US as 360 Degree Appraisal, it caught the attention omany corporations and today a large number of Fortune 500companies use it in some form or the other. Experiences wit

    as a development tool have been good, though experience aappraisal tool are mixed.

    This book contains experiences of the Tata Group, Birla Grou

    Wipro, Birla 3M, Philips and many others. The Book alsodiscusses issues dealing with performance management and

    approaches to make them effective.

    This book has a comprehensive coverage of 360 degreefeedback, performance management system, linking 360 defeedback with performance management and finally paystrategies. The primary objective of TVRLS in compiling this

    book is to encourage more indigenous innovations and enhalearning through mutual sharing.

    23

  • 8/14/2019 Business Definition For

    24/44

    360 degree feedback, also known as 'multi-raterfeedback', is the most comprehensive appraisal

    where the feedback about the employeesperformance comes from all the sources that come in

    contact with the employee on his job.

    360 degree respondents for an employee can behis/her peers, managers (i.e. superior),

    subordinates, team members, customers, suppliers/vendors - anyone who comes into contact with the

    employee and can provide valuable insights andinformation or feedback regarding the on-the-jobperformance of the employee. 360 degree appraisalhas four integral components:

    1. Self appraisal

    2. Superiors appraisal3. Subordinates appraisal4. Peer appraisal.

    Self appraisal gives a chance to the employee to lookat his/her strengths and weaknesses, his

    achievements, and judge his own performance.Superiors appraisal forms the traditional part of the360 degree appraisal where the employeesresponsibilities and actual performance is rated by

    the superior.

    Subordinates appraisal gives a chance to judge theemployee on the parameters like communication andmotivating abilities, superiors ability to delegate the

    24

  • 8/14/2019 Business Definition For

    25/44

    work, leadership qualities etc. Also known as internalcustomers, the correct feedback given by peers canhelp to find employees abilities to work in a team,

    co-operation and sensitivity towards others.

    Self assessment is an indispensable part of 360 degree appraisalsand therefore 360 degree Performance appraisal have highemployee involvement and also have the strongest impact on

    behavior and performance. It provides a "360-degree review" of

    the employees performance and is considered to be one of the

    most credible performance appraisal methods.

    360 degree appraisal is also a powerful developmental tool because

    when conducted at regular intervals (say yearly) it helps to keep a

    track of the changes others perceptions about the employees. A

    360 degree appraisal is generally found more suitable for the

    managers as it helps to assess their leadership and managing styles.

    This technique is being effectively used across the globe for

    25

    http://appraisals.naukrihub.com/http://appraisals.naukrihub.com/
  • 8/14/2019 Business Definition For

    26/44

    performance appraisals. Some of the organizations following it are

    Wipro, Infosys, and Reliance Industries etc.

    Once a year Overview

    Once a Year Overview

    26

  • 8/14/2019 Business Definition For

    27/44

    Self Appraisal

    Performance Review -Preparation

    Performance Review -The Meeting

    How to Complete aPerformance AppraisalForm

    Analysis for ImprovingPerformance

    Active performance

    appraisal conversation

    27

    http://appraisals.naukrihub.com/self-appraisal.htmlhttp://appraisals.naukrihub.com/performance-review-preparation.htmlhttp://appraisals.naukrihub.com/performance-review-preparation.htmlhttp://appraisals.naukrihub.com/review-meeting.htmlhttp://appraisals.naukrihub.com/review-meeting.htmlhttp://appraisals.naukrihub.com/how-to-complete-appraisal-form.htmlhttp://appraisals.naukrihub.com/how-to-complete-appraisal-form.htmlhttp://appraisals.naukrihub.com/how-to-complete-appraisal-form.htmlhttp://appraisals.naukrihub.com/performance-analysis.htmlhttp://appraisals.naukrihub.com/performance-analysis.htmlhttp://appraisals.naukrihub.com/active-conversation.htmlhttp://appraisals.naukrihub.com/active-conversation.htmlhttp://appraisals.naukrihub.com/self-appraisal.htmlhttp://appraisals.naukrihub.com/performance-review-preparation.htmlhttp://appraisals.naukrihub.com/performance-review-preparation.htmlhttp://appraisals.naukrihub.com/review-meeting.htmlhttp://appraisals.naukrihub.com/review-meeting.htmlhttp://appraisals.naukrihub.com/how-to-complete-appraisal-form.htmlhttp://appraisals.naukrihub.com/how-to-complete-appraisal-form.htmlhttp://appraisals.naukrihub.com/how-to-complete-appraisal-form.htmlhttp://appraisals.naukrihub.com/performance-analysis.htmlhttp://appraisals.naukrihub.com/performance-analysis.htmlhttp://appraisals.naukrihub.com/active-conversation.htmlhttp://appraisals.naukrihub.com/active-conversation.htmlhttp://appraisals.naukrihub.com/pa-feedback.html
  • 8/14/2019 Business Definition For

    28/44

    360 Degree Appraisal/ Feedback Systems

    For a manager wishing to improve his or her management skills,

    and the trusted mentor who is trying to help that manager to

    improve, one of the most valuable monitoring tools is a well-presented report showing the collected views of all those having

    dealings with the manager. This is the output from a Multi-source

    feedback, 360 degree feedback system or 360 Degree Appraisal

    system.

    You ask individuals to report anonymously on their experience of

    the manager under a range of management skills headings. If you

    have a corporate Competencies Framework, the questionnaire can

    be based on its management competencies and the associatedbehaviours.

    Because people respond anonymously, they can be more honest

    with their answers to a 360 degree feedback system than they

    might feel able to be if asked face to face. We can present results as

    a summary of all responses but you get more by comparing the

    views of different groups. A popular approach is to report

    separately the views of

    Team members (employees reporting to the manager)

    Peers (colleagues with whom the manager interacts, but with

    no reporting relationship with the manager)

    28

    http://appraisals.naukrihub.com/pa-training.htmlhttp://appraisals.naukrihub.com/measure-employee-performance.htmlhttp://appraisals.naukrihub.com/measure-employee-performance.htmlhttp://appraisals.naukrihub.com/faq.htmlhttp://appraisals.naukrihub.com/pa-feedback.htmlhttp://appraisals.naukrihub.com/performance-consulting.htmlhttp://appraisals.naukrihub.com/writing-performance-appraisal.htmlhttp://appraisals.naukrihub.com/pa-training.htmlhttp://appraisals.naukrihub.com/measure-employee-performance.htmlhttp://appraisals.naukrihub.com/faq.html
  • 8/14/2019 Business Definition For

    29/44

    Team leader (or Boss - the manager or managers of the team

    of which the manager is a member)

    Self (the manager himself or herself)

    And sometimes

    Clients / customers

    Absolute or Relative?

    If the report shows thepercentage of favourable responses for each

    item, and managers can compare their results with others', some

    people will find that they have performed less well than most of

    the others they discuss their results with. We think this is morelikely to discourage than encourage effort to improve, especially if

    the manager's results are poor in all or most aspects of the report.

    To avoid the danger of discouraging less able managers, or giving

    more able ones the idea that they need not make any effort to

    improve, we recommend presenting the 360 Degree Appraisal

    results not in absolute terms as described above, but relative to the

    participating manager's own average. For each manager's report we

    work out the average for this manager of all the topics in the

    questionnaire and then report how much better or worse was each

    topic compared to the manager's own average. This way, every

    participating manager receives a 360 Degree Appraisal report

    setting out his or her relative strengths and weaknesses, and in any

    conversation where managers are comparing their respective

    results everyone is on equal terms because everyone has relative

    strengths and development needs.

    Reporting a 360 degree feedback system this way means everyone can be pleased about

    their relative strengths but is encouraged to see their relative weaknesses as developmentneeds and to take steps to improve them. HR staff can still be provided with results

    expressed in absolute terms, if you choose, so they will know which are the stars and

    which are the managers most in need of development support.

    29

    http://www.quantify.co.uk/resources/glossary.php#Percentagehttp://www.quantify.co.uk/resources/glossary.php#Percentage
  • 8/14/2019 Business Definition For

    30/44

    Maruti adopts `360 degree' appraisal system

    S. Muralidhar

    Employee to be evaluated not just by superiors, but

    also by peers, subordinates

    Chennai Feb. 4 It would

    seem that there is nocorporate human

    resources policy that

    has not had its share ofcontroversies for beingbiased. With an

    increasing number ofqualitative factors that

    affect employees at the

    30

    Advertisement

    http://server.indiaautomobile.com/campaignmanager/tracking.php?section=300X250&referredby=5000020000
  • 8/14/2019 Business Definition For

    31/44

    workplace, democratising the performance appraisalprocess to make it as fair as possible has been thedream of every HR manager.

    And now qualitative factors are not just at play in theservices sector, but also in manufacturing. With

    cubicles giving way to open offices, the top-downapproach to employee performance appraisal is alsoon its way out.

    One company that has set itself on course to furtherdemocratising and opening up its employee

    evaluation process is car market leader MarutiUdyog.

    The company has introduced a unique 360-degree

    feedback system, starting with its senior leadership.The new system has been co-developed with Ernst &Young and has been put in place recently.

    Under the 360-degree feedback system, theemployee is rated not just by his superiors, but alsoby his peers and subordinates.

    "We are starting the 360-degree feedback processwith employees in the top management such as chief

    general managers and general managers, whoseperformance will now be assessed based on feedbackfrom their peers and junior management employeeswithin the same department. Till last year, their

    performance was being appraised only by theDirectors and the Managing Director," says Maruti's

    Chief General Manager (HR), Mr S.Y. Siddiqui.

    31

  • 8/14/2019 Business Definition For

    32/44

    Ernst & Young, in consultation with Maruti, has listeda set of leadership competencies that are expected ina general manager. Based on that, it has prepared a

    questionnaire to which peers and subordinates canrespond online.

    Although acknowledged as an effective tool forleadership development in the West, Indiancompanies have been shy of introducing such afeedback system for fear of disturbing traditional

    hierarchical structures.

    HR consultants feel that the critical issues inimplementing such a system include assuringrespondents that their feedback will remain

    confidential and convincing the person receiving thefeedback that this is a development tool and not anappraisal tool. Maruti has handled this by gettingE&Y and other consultants to make detailed

    presentations to the senior management personnel

    before the process got under way. The company hasa committee of general managers, called HumanResource Inter Divisional Committee (HRIDC), whichis consulted on all major HR issues.

    The initiative has been unveiled with an e-mail by

    Maruti's Managing Director, Mr Jagdish Khattar,asking people to support the online questionnaire

    process. The 360-degree feedback system will alsoinclude a self-appraisal by the general manager. Atthe end of the process, he can compare his self-appraisal with the assessment of his subordinates

    and peers.

    32

  • 8/14/2019 Business Definition For

    33/44

    One of the benefits that Maruti is hoping to get outof the 360-degree feedback process is the sense ofempowerment and importance felt by subordinates,

    when they are asked to offer their feedback abouttheir superiors. Maruti currently has over 4,000

    employees on its rolls.

    360-Degree Performance Appraisal Systems

    Abstract

    A 360-degree performance appraisal system is a multisource

    assessment approach that taps the collective wisdom of those who

    work closely with an employee. The employee and their

    supervisors, colleagues, direct reports (subordinates), internal

    customers, external customers, and others may be part of the

    evaluation process.

    Proponents of the 360-degree feedback approach offer it as a

    progressive means of conducting performance appraisal. Manycontend that 360-degree feedback systems and other forms of

    multisource or multirater assessment methods in organizations

    have evolved from an innovative nice-to-have technique

    administered only to the most senior levels to a must-have tool

    for integration into overall performance and human resource

    management strategies. These systems appear well suited for the

    flexible, team-based, change-oriented organizational cultures of

    many organizations today.

    360-Degree systems are gaining popularity because they tend to

    reduce the problems of previous generations of assessment

    methods. 360-Degree appraisal moves the manager (as appraiser)

    back into the comfort zone as she or he is now only one among a

    33

  • 8/14/2019 Business Definition For

    34/44

    number of assessors. It greatly reduces the problems of central

    tendency, positive skewness, and halo effects in ratings that

    plague the boss-subordinate approach. 360-Degree appraisal

    reduces defensiveness on the part of the appraisee because there

    are a variety of assessors, feedback is presented as more balanced,and it is said to have greater face validity. It requires organizations

    to resolve the issue of what is meant by job effectiveness and what

    behaviors are causally related to it. It recognizes that subordinates

    are best placed to assess leadership or people management

    skills. The technique is helpful in defending legal challenges of the

    outcome of appraisals, it is presented as important in meeting the

    demands for employee empowerment and involvement, and

    finally, it is a useful tool in tapping employee opinions andattitudes.

    Using 360 degree appraisals is a very effective

    means of improving management and teamperformance. To succeed, they have to be carefullyplanned and well executed.

    Planning your approach

    Firstly, you need to understand how the proposed

    360-degree appraisal process fits with your currentperformance appraisal and people management

    processes. This will help you select the mostappropriate questionnaire and process, and ensurethat it produces real performance improvements.

    The level of investment in time and money that youmake at the start of this process will pay dividends in

    34

  • 8/14/2019 Business Definition For

    35/44

    the long-term. The first time you use a 360-degreeprocess, you need to enlist the help of an expert sothat you achieve the best possible outcomes. This

    will set the standard for future success and ensurethat tangible performance improvements are

    achieved and maintained.

    Long-term performance improvement can onlysucceed if you have an accurate picture of where tostart and the majority of employees believe that it is

    in their best interests to work together to improve.

    Make sure that:

    * Your chosen supplier has a full understanding of

    your needs and organisational culture

    * You choose the right time to undertake the

    exercise

    * Participants are properly briefed on the importance

    of their role in the success of the appraisals

    * There is a plan to act on the results of theappraisals and this plan is communicated to yourparticipants

    Gathering feedback is only the start. The information

    obtained from a 360 appraisal does not provide thesolution - it acts as a 'catalyst' to open up discussion

    with the very people who provided the feedback in

    35

  • 8/14/2019 Business Definition For

    36/44

    order to find out why they are feeling this way. Byinvolving them in a independently facilitateddiscussion of the results, you can generate a shared

    understanding and commitment to work together toimprove, by building on strengths and developing

    areas of weakness.

    The ability to compare feedback different individualsalso enables the 'blue-printing' of best practiceacross the organisation. There are various options

    for delivering feedback, facilitating discussion andgenerating action plans depending on individuals'

    needs and circumstances.

    This could include a mix of the following:

    * 1-2-1 feedback (2 hours duration) with an

    experienced coach

    * One-day Developmental Workshops with amaximum of 8 participants in each - delivered by anexperienced coach and facilitator

    * Training for 'appropriate' personnel to deliver thefeedback and run the workshops with initial support

    from the chosen supplier

    Developmental Workshops are particularly valuablewhen working with several individuals to build on theinformation obtained from 360 appraisals.

    The workshops are tailored to focus on the needs ofeach participant/group, using the feedback gathered

    36

  • 8/14/2019 Business Definition For

    37/44

    in advance by the appraisals, so that each individualleaves the workshop with their own measurableaction plan. This format also encourages individuals

    to support each other on an ongoing basis toimprove performance.

    Action

    The 'facilitated' discussion process leads to practical

    actions agreed by each individual on how they aregoing to work to improve performance.

    These actions need to be SMART - Specific,Measurable, Achievable, Realistic and Timely.

    Learning

    Ongoing support to achieve your action plan isessential. This support is likely to involve a

    combination of independent facilitation, training andcoaching depending on what needs to be achieved.

    Encouraging individuals to 'buddy-up' with acolleague whose strengths compliment theirdevelopment needs and vice versa helps to maintaincommitment and enthusiasm, in addition to fostering

    a more supportive and open culture.

    Measurement

    How do you know things are improving and how doyou ensure that the momentum is maintained?

    37

  • 8/14/2019 Business Definition For

    38/44

    Regular progress reviews are critical to sustainenthusiasm and commitment. Ideally you shouldrepeat the process on a regular basis, preferably

    every nine to twelve months, to monitor and reviewprogress and re-define your action plans, based on

    the results.

    Suggested workplan for your 360 degree appraisals

    1. Meet with your chosen supplier to discuss yourrequirements and their approach.

    2. Decide on timescales for the appraisals.

    3. Plan your questions - do you need a generic or abespoke questionnaire.

    4. Agree the structure of the report (grouping and

    comparing data).

    5. Define the briefing process.

    6. Brief participants.

    7. Undertake the appraisals.

    8. When the appraisals are closed, thank everyonepersonally via email and outline the next stages.

    9. Arrange feedback with each individual who has

    been appraised within two weeks of receiving allresponses

    a. 1-2-1 feedback with each individual manager

    38

  • 8/14/2019 Business Definition For

    39/44

    b. Developmental Workshops for 8 managers in each(You may choose for some individuals to receive 1-2-1 feedback and others attend a workshop)

    10. Develop action plans and get commitment fromall stakeholders.

    11. Maintain motivation and commitment to theplans through ongoing support and advice.

    12. Repeat appraisals within 9-12 months tomeasure improvement.

    Ten mistakes that cause a 360-degree feedback programto fail

    IneffectiveAssessment Items

    If you are not asking theright questions, how canyou expect to get good

    data? You need toconsider organizational

    expectations as well asjob-specificcompetencies. Moreover,your assessment items

    need to be well written to

    Poor Planning

    If your feedback programis not well thought out, itwill not run smoothly.There are many logistical

    issues to consider beforelaunching a feedback

    program. If youremployees perceive thatthe program is not wellplanned, your credibility

    will be undermined.

    39

    http://www.custominsight.com/360-degree-feedback/360-deployment.asphttp://www.custominsight.com/360-degree-feedback/360-deployment.asphttp://www.custominsight.com/360-degree-feedback/360-deployment.asphttp://www.custominsight.com/360-degree-feedback/360-deployment.asp
  • 8/14/2019 Business Definition For

    40/44

    gather the data you arelooking for. Poorly writtenitems will yield useless

    data. Garbage in -garbage out...

    Lack of Alignmentwith the

    Organization's Vision,Mission, and Strategy

    If the things you aremeasuring are not

    important to theorganization's vision,

    mission, and strategy,then employees will notbe developingcompetencies that are

    aligned with the directionof the organization.

    Lack of Senior-LevelSupport

    If the leaders of yourorganization do notvocally support andencourage participation

    in the feedback programand express their belief

    in the benefits it willprovide, your 360

    Inappropriate Deliveryof Feedback

    The idea of a feedback

    program is to helpemployees perform

    better. Negative feedbackcan be demoralizing andcounterproductive. Iffeedback is not provided

    in an appropriate manner,your program could

    backfire. We recommendusing professional,neutral coaches to deliverfeedback.

    No Development Plan

    So what if you run a

    smooth 360 program? Ifyou fail to do anything

    with the data, you havewasted your time as wellas the time of bothparticipants and

    respondents. Everyperson who receives

    feedback needs to createsome developmentalgoals based on thefeedback he or she

    received - and remember- those goals need to be

    40

  • 8/14/2019 Business Definition For

    41/44

    initiative will never getoff the ground.

    Lack ofCommunication

    You MUST communicate

    with both the peoplereceiving feedback and

    the people gettingfeedback. If you do not

    tell them what, why,how, and when, they will

    not be comfortable withthe program. You must

    get buy-in at all levels ofyour organization tomake it work.

    Fear / Lack of TrustIf participants are afraidto get feedback or if

    respondents are afraid toprovide feedback, you

    will be fighting an up-hillbattle. Communicationhelps reduce fear. One ofthe most effective ways

    to reduce anxiety is touse a neutral third party

    to administer yourfeedback program.

    both measurable andachievable.

    No Accountability

    Developmental goals aremeaningless unless

    people are heldaccountable for achieving

    them. Make sure youremployees and their

    managers understandhow to create S.M.A.R.T.

    goals - Specific,Measurable, Attainable,

    Realistic and Timely.

    No Follow-Up

    How will you know if your

    program has been asuccess if you do notfollow up? How will

    participants know if theyare improving without

    follow-up feedback? Planto solicit additionalfeedback six to twelvemonths after the initial

    data are collected.

    41

  • 8/14/2019 Business Definition For

    42/44

    Sample 360 Degree Feedback Surveys

    The evaluation forms for employees at different

    levels will have a lot of overlap in some areas, butdiffer significantly in other areas. Listed below aresome sample 360 survey categories, with examples

    of how the assessment items might differ for seniorleaders and non-managers.

    Note that neither of these lists is a complete 360degree feedback survey. A complete 360 feedback

    evaluation form would include additional categories.

    42

  • 8/14/2019 Business Definition For

    43/44

    Middle- to Upper-LevelManager, OrganizationalLeader

    Character

    o Eagerly pursues newknowledge, skills, andmethods

    o Knows own strengths andlimitations

    o Personally committed tothe strategy

    o Makes decisions based onbusiness needs rather

    than personal agenda

    o Self confident

    o Open to feedback andcriticism

    o Avoids negativepoliticking and hidden

    agendas

    o Willing to take a

    courageous stand

    o Trusts othersappropriately

    o Respected by otherso Sincere and

    straightforward

    o Serves others; avoidsselfishness

    o Accepts responsibility for

    Non-Manager

    Character

    o Patient whennecessary

    o Self confident

    o Open to feedbackand criticism

    o Avoids negativepoliticking and

    hidden agendas

    o Willing to take a

    courageous stand

    o Trusts others

    appropriately

    o Respected by others

    o Sincere and

    straightforward

    o Serves others;avoids selfishness

    o Acceptsresponsibility for

    own mistakes

    o Can be trusted with

    sensitiveinformation

    o Eagerly pursues newknowledge, skills,and methods

    o Knows own43

  • 8/14/2019 Business Definition For

    44/44

    Hence , the conclusion is 360 Degree is avery important method of appraisal.It

    shows that with praises negative points ofan employee should also be highlighted .More and more companies should startusing it as it will lead the Company togreater heights .