360 degree feedback has been around since the 1950s and many of us have given or received it. Today, it has become even more relevant to the way we work than ever.Millennials, who represent an ever increasing proportion of the working population, have grown up in a digital world of continual feedback and ratings, as has generation Z, currently at the start of their career journeys.
But what is 360 feedback exactly, and how does it differ from traditional feedback methods? In this post, we’ll delve into all things 360, exploring the differences between 360 feedback and other forms of feedback, the aspects a 360 survey measures, best practices for implementing it and the potential pitfalls if not executed correctly.
Read Further: Developing your leadership with 360 feedback
First things first — what is 360 feedback? In a 360 feedback process, multiple sources provide insights on an individual’s performance and behaviours. Peers, direct reports, managers and even customers or clients, along with the individual’s self-assessment, typically contribute to this feedback. The “360” in the name reflects the all-around perspective provided by these diverse sources, offering a more holistic, well-rounded view of an individual’s strengths and areas for improvement.
Unlike traditional feedback, where a single source (such as a line manager) often gives input, 360 feedback offers a more comprehensive picture of the employee’s performance. It gathers perspectives from various people within the working environment, providing valuable insights that traditional methods may overlook.
Check out our free comprehensive guide on 360 feedback
Go online today and there’s barely a company that isn’t asking you for feedback or reviews. Think Trustpilot, TripAdvisor, Amazon and eBay, to name just a few. It’s not just the commercial platforms that rely on feedback, either. Social media sites like Facebook, Instagram, TikTok and Snapchat are based around pushing out posts and receiving relevant feedback.
For millennials who have grown up with this kind of interactive technology, completing online 360 reviews will be as familiar as sharing a restaurant review. It’s a marked step away from the mindset of older generations that keep their feelings to themselves. Done well, 360 degree feedback can provide a useful psychological bridge between work and non-work life.
Traditional feedback typically follows a top-down approach, where managers provide evaluations of their direct reports. This method is straightforward and often focuses on the individual’s job performance in relation to specific goals or key performance indicators (KPIs). While of course valuable, traditional feedback can be somewhat limited in scope. It tends to be largely influenced by the manager’s perspective, which might not fully encompass all aspects of the individual’s behaviour, nor reflect how that individual’s colleagues view them and their contributions.
Feedback via a 360 feedback tool, on the other hand, broadens the scope by involving multiple perspectives. Instead of relying solely on the manager’s view, 360 feedback includes input from colleagues at various levels. This variety of sources helps to minimise bias and offers a more nuanced view of the individual’s behaviour, communication style and leadership abilities, among other things.
Another important difference lies in the purpose of the feedback. Traditional feedback is generally linked directly to performance reviews and decisions regarding promotions, pay raises or disciplinary action. 360 feedback, however, is usually intended for developmental purposes — which is why it is so often tied to leadership development. It focuses more on personal growth, helping the individual understand how they are perceived by others and identifying areas where they can improve.
A 360 feedback survey can be designed to measure quite a wide range of behaviours and skills, depending on the specific goals and objectives of the organisation and the role of the individual being assessed.
Generally, these surveys cover the following key areas:
The specific competencies measured can vary depending on the organisation’s focus and the level of detail they want from the feedback. The aim is to gather a comprehensive view of the individual’s performance across different areas, providing a well-rounded basis for development.
Implementing 360 feedback effectively requires careful planning and consideration. Here are some best practices to ensure the process is beneficial for all involved:
While 360 feedback can be a powerful tool, it can also be counterproductive if not handled correctly. Here are some potential pitfalls:
It’s no secret that millennials are career hungry in the first place. Yet from People Insight’s employee survey benchmarks, only 44% of respondents feel their career aspirations are being met. Unfulfilled employees lead to increased attrition. Implementing a 360 degree feedback model provides millennials with an opportunity to take their career prospects into their own hands and make immediate changes to how they work and interact with those around them.
Start by looking at the bigger picture, at how they impact on the team, department or even the organisation as a whole. As a result of doing so, major positive change can take place in a very short space of time. That sits well with millennials accustomed to finding answers to many of their problems through a quick Google search.
The good news is 360 feedback systems are simple to set up and deliver (especially with provider support). For our own part, we’ve created a 360 feedback system that is fast and easily deployable via desktop or mobile, with helpdesk manned by experienced managers. This gives all employees, potentially across five generations – an intuitive user experience with output which really helps managers and their people have meaningful development conversations.
As we’ve said, 360 degree feedback is relevant and natural in today’s workplace. By using 360-degree feedback to improve dialogue and individual development, you’ll be helping your employees work on their career development and feel more listened to and engaged in your organisation.
How you carry out 360 feedback makes all the difference. For advice on how best to implement a 360 feedback survey, get in touch with our employee experience experts today. We’ll talk you through the process, give you actionable steps to take and help you to make 360 feedback an enjoyable part of your employee listening strategy.