Benefits and Advantages

The Benefits:
  • 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.