Productivity gains: Let’s presume the average organization’s cost per employee, with benefits, is $45,000 per year (comparable to the U.S. Bureau of Labor and Statistic salary average for a college-educated employee). Further presume that the employee’s economic worth to the company is greater than his/her salary—conservatively, let’s estimate that to be $50,000. If, as a Hewitt Associates study indicates, productivity rises 35% following the introduction of performance evaluation, the value of that employee’s work to the company rises by $17,500 annually. Your business needs 360 now.
360° feedback is a powerful self-development tool for managers and staff. For it to be successful, the questions need to be relevant to the organization and the individual's job, the system itself must be efficient and secure, and feedback has to be managed sensitively.
We can design and manage a completely web-enabled 360 degree feedback process, either based on your existing competency framework or working with you to develop an appropriate set of questions. Individual reports are provided to you in an interactive web enabled model. We can also manage the entire administration for you - from inviting the assessors, to collation of data and reporting back of results.
By putting the data collection and dissemination tools online, 360 degree interactive feedback takes all of the administrative hassle out of 360 set up and review and allows for simultaneous global roll out with data capture and analysis happening in days rather than weeks or months.
By carefully reviewing what you want a 360 degree review to achieve, and the organizational context that surrounds it, 360 degree interactive feedback provides you with detailed reporting not only for the individual participants, but also on an organizational level, highlighting areas of excellence and pockets of concern that can provide real focus to your development plans.
The 360° interactive feedback circle and our process to ensure your organizational competencies are integrated.
You get two fully interactive custom designed applications.
By providing feedback on various performance attributes, 360° Feedback Scoreboard provides detailed assessment and feedback that will enhance awareness, facilitate learning, and motivate behavioral change for increased workplace effectiveness and long-term performance improvement.
The 360° Assessment and Feedback process can:
Contact us today at info@roi-calc.com to find out more about ROI-Strategy's 360° Feedback Scoreboard System of assessment and feedback and how it can be used as part of your performance improvement initiative.
For more information, contact us toll free at 1-877-ROI-Calc (1-877-764-2252) or email us at info@roi-calc.com