What is the goal of the 360 Degree feedback process?

Prepare for the VCE Business Management Exam. Use flashcards and multiple choice questions, with hints and explanations for each question. Get ready for your success!

The goal of the 360 Degree feedback process is to gain a more objective perspective on performance. This approach involves gathering feedback about an employee’s performance from multiple sources, including peers, subordinates, and supervisors, as well as self-assessments. By incorporating multiple viewpoints, the process helps to create a comprehensive and balanced understanding of an individual’s strengths and areas for improvement.

This broad feedback mechanism helps eliminate biases that may arise from relying on a single viewpoint, such as a direct manager's assessment. The insights gained from various sources contribute to an overall assessment that is more objective, leading to more informed development plans and performance evaluations. The key benefit is an enhanced understanding of how an employee is perceived across different levels of the organization, promoting a culture of accountability and continuous learning.

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