Evaluating 360-degree Feedback System Assignment

Evaluating 360-degree Feedback System - Assignment Example Besides the normal appraisal to determine employees’ effectiveness, the 360- degree feedback approach may serve other important purposes such as â€Å"professional development and succession planning† as it allows the management a comprehensive knowledge over its employee’s capacities. It is also applicable in determining rewards to employees, determining human resource development needs, and managing performance. Further, the approach’s implementation process is simple and only requires normal managerial skills and resources. It, for example, involves the establishment of goals, determination of participants, development of performance criteria and selection of data collection and analysis methods. These are then followed by implementation of appraisal and communication of results (Pravin, 2010). The appraisal strategy, however, has both strengths and weaknesses that must be considered before its implementation. One of its strengths is the wide information sources on whose basis employees are appraised. This increases the probability of reliable and valid results for informed decisions. It also promotes knowledge of an organization’s human resource base towards interpersonal understanding and relations. This facilitates teamwork that is the core of Creative Minds Inc. Its wide scope also reduces chances of discriminative appraisals and it facilitates identification of employees’ needs towards efficient productivity (Prakashan, 2007). The management should however not have very high expectations from the system whose design may be challenging due to its research skills needs. The approach may also be ineffective if it is not aligned with the organization’s objectives, and may have more attention on employees’ weaknesses than strengths.