This slideshow answers several key questions about 360 degree feedback questionnaires:
What is 360 feedback?
When can we use 360 degree appraisals?
Why should you use FindingPotential 360 degree feedback?
Who already uses FindingPotential 360 feedback?
Alongside an implementation overview for 360 degree feedback questionnaires. It also addresses:
Why is it free 360 degree feedback?
When can’t you use a 360 degree appraisal?
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Agenda
What is 360 feedback?
When can we use 360?
Why should we use FindingPotential 360?
Who already uses FindingPotential?
Implementation overview
And it looks good
Why is it free?
When can’t we use it?
www.findingpotential.com
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What is 360 feedback?
A highly effective and efficient way of gathering feedback on
leaders/managers
Called 360 as gathers feedback from all perspectives/ angles
Individual (Fo c us ), line manager, direct reports, peers and others
Anonymous online process
Not a silver bullet, a starting point for leadership development
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When can we use 360?
Newly hired/promoted senior manager
Ensures alignment on priorities and awareness of impact on new colleagues
Leadership/management Development
Basis for personal development of managers at all levels
Talent planning initiatives
Part of process for identifying our talent population
Starting point for individual talent’s career development
Succession planning process
Informs succession planning and leadership development strategies
Bonus related performance review
Tangible link between leadership behaviour and performance
Standardised element of performance review across functions
Performance improvement process
Identify potential causes of underperformance, and support improvement
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Why should we use FindingPotential 360?
Focuses on performance, as well as leadership behaviour
Easy to interpret and build action plans
Simple and quick to implement
Entirely free to use, so we can invest in developing our managers
Able to re-measure to assess progress (without the need for ongoing budget)
Able to personalise (e.g. our logo)
Range of materials to support development (also free)
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What does FindingPotential 360 measure?
Leadership and Management Competencies
11 competencies rated by importance and grouped into 3 core areas
Managing Self ~ personal drive and accountability, handling pressure and thirst for
development
Managing Relations with Others ~ how the manager interacts with, build relationships with and
lead others
Managing the Business ~ decision making and execution, understanding the wider business
context and leading in change
Also grouped according to style of leadership behaviour
Transactional (‘Doing it right’) and Transformational (‘Doing the right thing’)
Performance Profile
Focused on four key areas that drive organisational performance:
Clarity ~ on vision, performance priorities and roles in delivering
Confidence ~ building belief in collective and individual ability to deliver
Enablement ~ ensuring the organisation and their people can perform
Impact ~ of a leader’s key decisions over the last 12 months
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Why is it free?
Launched as a core part of TalentDrain’s marketing strategy in November
2009
TalentDrain’s unique capability means allows to deliver high quality tools
for free
Expertise in building psychometric tools (mostly ex-SHL people)
Existing technical platform, for core TalentDrain products
Two main aims behind FindingPotential
Encourage organisations to invest in engaging, developing and retaining their
talent, rather than an endless spend and focus on recruitment
Raise TalentDrain’s brand awareness and thus grow
their core business revenue
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When can’t we use 360?
Bonus related performance review
Can lead to a culture of collusion (i.e. complicit positive feedback)
Mixes performance reviews with development conversations, detracting from
development focus
Redundancy/Downsizing process
Never use 360 as any part of a redundancy or downsizing process
Performance improvement process
If heading towards any kind of formal disciplinary process don’t use 360
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