About to have a 360 performance review?...then follow these 7 tips to make it work for you.
What is a 360 performance review?A 360 performance review is a formalized process where you receive feedback from others
(known as raters) who work with you. This is
different to a more traditional performance review
where your
direct supervisor provides the feedback.
Raters in a 360 performance review include your direct supervisor, your peers and direct
reports, and also
your internal and your external customers.
Although a 360 performance review is used specifically for appraising performance most
360 degree reviews are used for developmental purposes - i.e. getting feedback on your
strengths and weaknesses/developmental opportunities and then using that information to
develop your
employee development plan.
360 performance review systems are nearly universal in Fortune 500 companies and
becoming increasingly popular in other leading global and multinational companies.
As organizations evolve over time to become flatter and geographically diverse 360
performance review systems play
an important role in gathering useful and valuable feedback on your performance and
development from a wider source.
They also give feedback to your company's leadership on vision, culture,
work practices and behaviors that support such things such as a team based working
environment.
Important considerationsExperience with the 360 performance review can be good, bad or mixed depending on how it
is used and your experience with it both as a rater and as the person at the receiving
end.
Linking 360 feedback to performance and then compensation is complex and needs to be handled
well in order for it to work effectively. If handled well, employees generally indicate
more satisfaction with feedback from several sources rather than just their manager who
at times may not be the best judge of their performance.
If you are going to be part of this process then it is important to understand the
system properly, your roles and responsibilities and most importantly how you as an
individual being rated can benefit from the process and make the most of it.
7 tips to make it work for you
1. Understand your system
This is a good place to start so that you get to know how the
overall performance review system in your company works.
Although it is a 360 performance
review system many of the characteristics will be similar to a standard performance review system.
2. Understand the survey process
In most cases 360 performance reviews are administered
through some form of survey. Find out how the survey is designed, how it will work and
who will administer it - internally or externally. Ask if you will be given any training.
Good survey processes are administered professionally and all the participants trained
to understand their roles and responsibilities.
3. Get trained properly
Actively participate in any training that is provided on your company's 360 performance review system so you have a clear understanding of how everything will work.
If
you are a rater take your task seriously and provide accurate and constructive feedback
that can be used to improve performance.
If you are being rated then have a clear
understanding of what you and your supervisor will do with the information from the other
raters, how the feedback will be handled and how you will use it to improve yourself. If
these are unclear then ask questions.
It is your performance review so you better have a
good idea of how it will work. Also, find out who you can approach if you are unhappy with
any part of the process.
4. Select your raters carefully
You can do this by including a good cross section of the people you
work with. Apart
from your supervisor most 360 performance review systems will enable you to nominate
your peers, direct reports and customers.
If you are able to nominate people outside your
organization then do so - sometimes outsiders bring a different and useful perspective
which could benefit you. If you work with a diverse team then ensure you reflect that
in your rater selection particularly if they are culturally and geographically diverse.
Raters usually remain anonymous but in some systems their names are disclosed. Raters may
not feel comfortable in disclosing their identity but if you have a mature and open
working environment then you could request disclosure. This will enable you to close
the loop with them after they have given you the feedback and request further clarification
if necessary.
If the situation is difficult then approach it in the right spirit - i.e.
don't criticize but ask for more input on what you can do to improve it! And, thank them.
Giving and receiving feedback is not easy so acknowledge others for taking time to give you
feedback.
You may be asked to review your raters with your supervisor so
prepare in advance so you can justify your selection. Have an open mind if you are asked
to change a rater - but also ask for an explanation. Your supervisor may have a good
reason.
5. Prepare in advance
By collecting
good and accurate information about your
performance so you can write
about yourself. Some 360 performance reviews will also
collect your own input so spend some time thinking about how you will communicate
clearly and effectively. Also, where relevant understand the skills and competencies
required for success in your work. Often 360 performance
reviews have reference to this so it is best to be prepared.
6. Have the discussion
Once you and your raters have given the feedback and the data
has been collated it is time to have the discussion
with your supervisor. Make
sure you are ready for it by preparing
well in advance. Know what questions to ask and
how to handle difficult issues if they come up during the discussion. Use this
opportunity to ask
for specific feedback on your performance and your career, and how
you can become better.
7. Use the feedback effectively
Use the information from your 360 performance review to improve yourself. Ask
specific questions on how each information should be handled and particularly how your
gaps and plans for improvement can be linked to your employee development plan.
Discuss with your supervisor the most relevant career development techniques
to
include in your development plan. Surveys indicate that
360 performance reviews are most effective when linked to 1:1 coaching - so if this
opportunity exists in your company then make the most of it.
A final word on 360 performance reviewRemember - how others perceive you is a combination of how you portray yourself and also
how they see you.
Perception is reality - whether you like it or not.
You control how you portray yourself to a large extent - so make the most
of the feedback information and maximize your effectiveness.
Final word - don't wait for others to give you feedback - both through formal (e.g. 360) or
informal processes - actively solicit it yourself!
The more you solicit and get feedback regularly the more you can improve yourself.
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