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Evaluations from inside and outside is the best way to understand the positives and the negatives of the performance of the organization.
360 degree feedback brings more accurate, credible and reliable performance ratings.
It gives a more complete picture of the employee's performance and helps mitigate bias or subjectivity
Inclined to be more accepted than single source feedback, as the employee doesn't perceive it as just one person's opinion. Consistent feedback received from multiple sources is harder to dismiss.
Hence360 degree feedback tends to have a greater impact, and result in higher employee performance, whether you're using it as a performance management, development, leadership development or team building tool.
If you have a matrix management model or accomplish work primarily through teams, multirater feedback helps contribute to higher functioning teams, because it encourages stronger communication and greater accountability.
