How can 360 degree feedback mechanism help otis revamp its performance management system?
Answers
Answer:
Voss Abstract The 360 degree feedback performance appraisal systematically gives employees the opportunity to receive confidential, anonymous feedback from the people who work around them. This typically includes the employee's manager, peers, and direct reports.
Answer:
Answer is described below:
Explanation:
360 Degree Feedback or Multi Source is a tool for appraisal or performance assessment of a candidate, in which feedback is taken from all the observers and those who are affected by his work.
Typically 360 degree feedback involves the candidate's immediate manager, reviewer, sub-ordinates, at least two equal employees and his own evaluation. The current trend also incorporates feedback from external sources such as clients and vendors.
This tool is generally used on middle and senior level employees. The complexity of his role helps the company to make a meaningful assessment by collecting appropriate data from all the people and companies associated with it.