Your team is only ever as good as its weakest member. That may sound harsh, but it’s true.
As a business leader, you need to work with the team members who are finding things challenging in order to improve how your business performs overall. Your business relies on a well-coordinated, highly skilled team that work well together to push your business forward. You need to know about any areas that pose a challenge.
360 feedback is a great way to pick out any weaknesses within your team, but it’s only useful if you know what to do with that information.
Why 360 feedback is vital for your business
360 feedback allows you to gain a really deep insight into the strengths and weaknesses of your employees.
As a manager or a business owner, you may not spend much time working on the shop floor. This can mean that your view is a little clouded or disjointed. You will, no doubt, have an overall picture of how your business is performing. But in order to grow, you need to know how each individual is performing within a team. You also need to be aware of individual improvements that need to be addressed. Rather than just seeing the end result, it’s vital that you have a good understanding of the intricate workings of your team.
360 feedback gives you a thorough insight into how an individual is performing, rather than the team as a whole. You will get to see the good, the bad and the ugly.
How to use 360 feedback to improve
your business
Every individual has areas of weakness, it’s human nature. Feedback from those working closest to an employee is invaluable in order to pick out those areas that need work and attention.
360 feedback allows an individual to see how their work is viewed by their colleagues, as well as making their own assessments about their strengths and weaknesses. It’s a great way to discover any areas for improvement that might not otherwise be spotted.
The information gathered from a thorough 360 feedback will enable you to make the improvements necessary to move your business forward.
Improving Communication
There are many reasons why communication may not always be easy between employees and business leaders. The working day can be incredibly busy, individuals may lack the confidence to speak out, or they may worry about the implications of communicating directly with leaders.
360 feedback is a great way to open up the lines of communication, which is vital in order to improve your business.
Only when you start to communicate with your employees can you really understand what’s going on within the team. Opening up the lines of communication is vital for moving your business forward. It’s important that individuals know that they have a way to speak out when they have a concern. Problems within a business that aren’t discussed will only hinder any future growth potential.
Feedback from multiple sources
It can be difficult to differentiate between a genuine concern from one individual about another and a clash of personalities. 360 feedback allows you to get insight from multiple sources. You can then collate that information to give you a true overall picture of how an individual is performing.
Once you’ve received the 360 feedback, you need to use that information to directly improve your business. You may use the feedback to implement further training so that individuals are better equipped to work to the very best of their ability.
Career Development
Individuals want to develop their skills in order to move their career forward. As well as benefitting them, this also has a direct benefit for your business.
An individual who feels that their career development is of prime importance to their employer is more likely to perform to the best of their ability. People who feel valued work harder.
Focus on the areas that need improvement
Even if you only have a small team, you’re probably not able to pick up on all the intricacies within that team. It’s impossible to know where everybody’s strengths and weaknesses lie without spending time gaining this feedback.
Work on leadership
The Everything DiSC 363® for leaders focuses solely on leaders, and will enable you to pick out any areas that need improvement within the leadership team.
Leaders are integral to any business and are often the decision makers, so you need to be confident that they’re working to the best of their ability and are competent at what they do. As an Authorised Partner for Everything DiSC® and Five Behaviors™ we can bring you this invaluable tool to help improve your business.
During 360 feedback, the leaders can be overlooked, and that’s a huge mistake. Employees often have valuable input into how leaders could improve that can really push your business forward. Giving them a voice means that you may learn valuable information about how the leadership could be more effective.
As part of the 360 feedback, ‘raters’ are asked to ‘identify which leadership practices they would like to see the leader engage in more frequently’. You can then use this knowledge to work closely with leaders to ensure that they’re able to get the best out of their team.
With the Everything DiSC 363® for Leaders you will also receive a six-page coaching supplement. Using this supplement, coaches are able to support individuals to improve on the areas that challenge them most.
As a business leader, it’s imperative that you gain a thorough understanding of how your team works. You need to know where weaknesses lie and what individuals find challenging. Without that knowledge, it’s impossible for your business to achieve its full potential.
Everything DiSC 363® for Leaders doesn’t stop at the feedback stage like so many other 360 feedback tools. Everything DiSC 363® for Leaders gives leaders their next steps with the three things they can focus on now – strategies to improve their leadership effectiveness that they can put into place immediately.
Everything DiSC 363® for Leaders is the perfect way to delve into the inner workings of your team. You can then use the information to fine tune your business, focusing your time and effort on the areas that will really push your business forward.
For more information visit our webpage www.corporategrowth.org/product/everything-disc-363-leadershttps://corporategrowth.org/product/everything-disc-363-leaders/
