Companies are finding that one of their greatest concerns in today’s work environment is identifying the right leaders to carry their organizations into the future. As a result, emerging leadership development has become a key priority for many companies.
Everyone can benefit from feedback now and then. Nobody has all the answers and it certainly helps to see things from a variety of perspectives.
Good, relevant feedback can help good leaders become great and that can make them a very powerful force in your organization. However, getting feedback is one thing – receiving it is another.
When you're in management, getting honest feedback from employees can be tough. It can even seem impossible.
Did you know that 360 degree assessments are a great tool to use with your managers?
It’s easy to think that these assessments are only for lower-level, non-managerial employees; however, there’s a subsection of assessments made expressly for the managers in your organization.
In fact, it can be argued that 360 degree feedback may be most needed by your mid- and upper-level leadership.
As we charge through the age of analytics and instant feedback, many old systems, tools and processes are falling by the wayside.
The standard annual performance review is one of the victims being claimed and, for many organizations, it’s being replaced by a solution called the 360 degree performance appraisal - also known as a performance review.
What is a 360 degree leadership assessment?
A 360 degree leadership assessment is a form of feedback for leaders in which their skills, effectiveness and influence as an executive, leader or manager are evaluated. With this sort of evaluation, the leadership in a company receives feedback from a set of colleagues.
You find yourself in a leadership position and, as any good leader, you want to grow and improve and you want your organization to grow and be successful.
Strong leadership is essential for the success of any organization. Research shows that direct leaders bear the greatest influence on their organizations.
Gallup says 70% of employee engagement is due to this "Manager Effect." Other studies show that 50-70% of employee perception of their workplace climate is due to behaviors and actions of their leaders.
Every company needs effective leaders throughout the organization, but that importance is often overlooked. It is ironic that businesses will often choose successful projects that hinge on strong leadership over the cultivation of those leaders.
It is important to develop a successful leadership development program that will strengthen current leaders and provide a clear pathway for potential leaders to learn and grow.