KPIs, KRAs, 360 Degree feedback, Balanced Scorecard,
Competency assessment, the list goes on, I’m sure you’ve
heard of them all and probably use at least one of these to
rate your employees. But which is the best? Actually it’s
desirable to have both KPIs to measure hard facts and
results as well as competency assessment to rate whether or
not the employee has the requirements to properly perform a
specific job. If you have the resources and are serious
about employee development, then go one step further and
incorporate 360 degree feedback, as it is a great addition
to provide feedback that you won’t get from the other 2
options I have mentioned.
Some
of the main benefits of 360 degree feedback include:
Ø
Increased understanding of the behaviours required to
improve both individual and organizational effectiveness
