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8 Benefits of Real-Time Feedback →
Crowd-sourced feedback is really the first performance management practice that has been driven by technology. This practice encourages feedback sharing across employees at all levels (i.e., upward, downward, peer-peer). Social technology has been applied to traditional employee recognition systems and 360 degree feedback processes, allowing for timely, fluid and transparent performance feedback. This approach to feedback sharing can be especially important for team-based organizations.
Instant and frequent feedback can offer managers a more complete picture of an employee’s strengths and weaknesses. Giving employees the software tools to recognize the performance of others, receive praise from their peers, and gain immediate insight into what they can do to improve their skills can go a long way in building a culture of ongoing development. Crowd-sourced feedback is not meant to replace formal 360 degree feedback or continuous employee-manager feedback, it is meant to supplement these practices.
Performance calibration is one of the best ways to improve performance management effectiveness and accuracy. Our Practical Guide to Performance Calibration gives you the tools you need to reinvigorate and enhance your performance management process through performance calibration. Click below to download your copy today.
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