360 Degree Reviews – Why They are Good for Leadership Development
360 degree feedback is a valuable tool for supporting leadership development. A 360 review process provides tools and understanding that allow organisations to manage the performance of their leader’s better, which is critical to achieving and sustaining success.
In order to increase performance and profitability, it is essential that leaders get feedback from those with whom they come into contact regularly. Staff, clients and stakeholders can be effective sources of insight that make the difference between leaders being extraordinary instead of just plain ordinary.
As part of the 360 process, it is important to identify leadership behaviours that fit into the culture of the organisation as these behaviours will be crucial in driving the strategy and vision of an organisation forward. Using 360 feedback to measure your leadership team against these behaviours can create a powerful and constructive set of insights as to where the leaders of your organisation are adding value and where there are development areas.
Where organisations are focused on building a culture of upward momentum, 360 reviews can help leaders focus on achieving their full potential. By gathering feedback from a range of stakeholders, 360 reviews help leaders to understand how they are seen by those around them in and out of the organisation. This helps them gain clarity on how the behaviour affects those at work and to understand where they need to focus time and effort on developing their leadership skills.
A leadership team’s positive experience with the process can have a ripple effect on other employees in the organisation as they see success being achieved because of the actions that result from the process. It is therefore important to understand that 360 degree feedback should not be a stand-alone event, but part of a comprehensive leadership and development programme.