360 Degree Feedback for Performance Management: Literature Review and Recommendations

Performance
Management

Table of Contents
INTRODUCTION...........................................................................................................................1
Literature Review.............................................................................................................................1
Recommendations............................................................................................................................4
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................5

INTRODUCTION
Performance management basically involves the process of ensuring that involves various
outputs and activities which are carried out in order to meet the objectives and goals of
organization in an efficient and effective way. The concept of performance management
basically focuses on the organization’s performance, an employee, a process or department
for the purpose to manage various tasks within the organisation. In this report it involves the
development of various skills for the objective to find data, analysing practice and research,
reading research and skills for the purpose to undertake various roles in the human resource
management and various other business practitioners. In addition to that it involves a critical
review of the literature on the Thunder Box Inc’s 360 Degree Feedback systems. Moreover
it involves the recommendations on how to implement the 360 degree feedback and various
ways through which organisation can overcome their current performance management
challenges and recommendations in relation to the suitable sources of the online a good
appraisal process and performance data for the Thunder box Inc. The Thunder box Inc is a
basically a Australia based operated Home Maintenance Solutions Company founded in
2002 and is basically specialised in the emergency plumbing services.
Literature Review
Whether 360 Degree feedback is relevant and useful for the company?
As per the viewpoint of Heathfield, (2021), various organisations strive to guide and
evaluate their employees towards a continuous improvement but there is always a requirement of
the standard performance review system. In today’s scenario, many more companies are now
integrating the techniques known as 360 degree feedback. The companies might do bad job in
using various types of multi ratter feedback process. In context to organisations, the 360-Degree
Feedback is basically a tool or method that helps in providing each employee the right advantage
to receive performance feedback from his manager or superior (Rodríguez-Labajos, Thomson,
and O’Brien, 2018).The 360 degree feedback tool helps each and every employee to have a
better understanding of his or her effectiveness as a staff member. This tool helps in providing a
feedback which is purely based on the behaviour of other employees. The feedback received
from such tool helps in providing insights into the behaviour and skills which are required in the
company for the purpose to achieve and accomplish the vision, mission and goals. The main
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