What is 360-degree Feedback?
A definition of 360-degree Feedback
“360-degree feedback is a system where employees receive confidential and anonymous feedback from people who work around them, including peers, subordinates, and supervisors.”
Business Glossary > What is 360-degree Feedback?
Examples of 360-degree Feedback in a Sentence:
Our company implemented 360-degree feedback to improve leadership skills.
She received valuable insights from 360-degree feedback.
Managers use 360-degree feedback to enhance team performance.
Why is 360-degree Feedback Important in Business?
Recognizing the importance of 360-degree feedback fosters a culture of open communication and continuous improvement. It helps employees identify strengths and areas for development by offering diverse perspectives, thereby enhancing overall organizational performance.
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Associated Terms
Here are some associated business terms and synonyms for “360-degree Feedback”:
- Multi-source Feedback
- 360-Degree Review
- Full Circle Feedback
General Electric’s 360-degree Feedback
General Electric was a pioneer in implementing 360-degree feedback in the 1980s under the leadership of Jack Welch. This approach helped the company in developing leaders who were self-aware and able to receive constructive criticism, thereby enhancing performance and leadership quality.
Final Notes on 360-degree Feedback
Organizations considering implementing 360-degree feedback should evaluate the benefits of fostering open communication and personal development against the potential challenges of anonymity and feedback interpretation.
This has been a definition of 360-degree Feedback meaning.
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