Provides multi-data points/opinions reducing performance appraisal errors
and bias
Increases employee and, in certain cases, customer involvement
Increases employee ownership of their managers' development
Increases management sensitivity to employee concerns
Allows honest feedback
Can be used for promotion qualification, assessment of skills, individual
development, etc.
Increases self-awareness
Encourages productivity improvement through better communication
Replaces occasional 'war story' performance appraisals with periodic
sampling and data
Statistical tools utilized eliminates 'outlying data' and allows for
trend analysis
Can be conducted remotely
Sales and profit improves because customers concerns are highlighted
Baseline data makes cross-departmental and multi-year comparisons more
accurate
Advantages:
Participants get a fairer, well-rounded impression of how their work is viewed by
others. Applying this valuable information, they can take steps to continuously
improve their effectiveness on the job.
Managers get an overall perspective on an employee's skills and, consequently, can
develop a more accurate, on-target training plan for each individual.
Peers and juniors get an opportunity to share concerns, which helps them contribute
to constructive changes in their work environment.
Team members can use the information to identify and prioritize team development
needs. The process can also improve teamwork, increasing their effectiveness.
The organization can develop appropriate skills to consistently reflect company
values.
Continuous progress can be achieved through periodic re-evaluations using the LS
360 Degree Appraisal System.