360 Feedback: The BEST Performance Review System Top Companies Use
- The goal of 360 feedback is to generate as holistic and fair a picture of employee performance as possible.
- It does this by getting feedback from all directions:
- Within (yourself)
- Above (your manager)
- Below (your reports if you are a manager)
- Laterally (your teammates)
- This system prevents employee performance from reducing down to sucking up to the manager, which is the case in more traditional companies that aren't using this system.
- 360 feedback also makes the power dynamic between manager and report more equal. A manager will have a bad feedback packet if their reports all share bad feedback about them. This holds bad managers accountable.