• LinkedIn
  • YouTube
  • Twitter
  • Facebook
  • Google+

The benefits of baring it all in a 360

by on
in Leaders & Managers,Leadership Skills

Like most of us, Sanjeev Nikore, a senior corporate vice president at HCL Technologies Ltd., had a weakness.

“I wasn’t too good at delegating, because I thought I knew the answers,” he recalls.

After a “360-degree feedback” evaluation from his superiors, peers and subordinates, Nikore saw and heard what others had to say about his lack of delegating. And so did everyone else; Nikore’s evaluation was posted on an internal website for all to see.

Soon after exposing his faults and strengths, he was promoted, in large part because of the way he handled the feed­­back and adapted his leadership style.

His isn’t the only firm taking transparency to new heights. A growing number of U.S. executives voluntarily share their 360-degree reviews with direct reports, including Dell Inc. CEO Michael Dell.

In considering whether transparency is worth trying, at least two pros jump out:

1.  The practice can foster teamwork. Direct reports often make the extra effort to help a collaborative leader perform better, knowing what’s needed.

Example: When Denise Manning of G&B Solu­­tions, admitted a failing to her team, “My team made it a priority to ... make sure I made the goal” the following year, she says.

2.  It allows for delineation of roles.

Example: When Reginald Bull arrived at LG Electronics, after leaving Uni­­lever PLC, he shared his most recent 360-degree evaluation. It ranked him as “average” for the operational phase of projects.

Because his associates now knew his weakness, he says, and because they ex­­celled at running things, it allowed them to divide the work more effectively.

Word of caution: Exposing weaknesses can lead to competitive maneuvering. For example, one executive was criticized for leading meetings that dragged on forever. His colleagues made a point of running tight meetings and won the promotions.

— Adapted from “Transparency Pays Off In 360-Degree Reviews,” The Wall Street Journal.

Like what you've read? ...Republish it and share great business tips!

Attention: Readers, Publishers, Editors, Bloggers, Media, Webmasters and more...

We believe great content should be read and passed around. After all, knowledge IS power. And good business can become great with the right information at their fingertips. If you'd like to share any of the insightful articles on BusinessManagementDaily.com, you may republish or syndicate it without charge.

The only thing we ask is that you keep the article exactly as it was written and formatted. You also need to include an attribution statement and link to the article.

" This information is proudly provided by Business Management Daily.com: http://www.businessmanagementdaily.com/29689/the-benefits-of-baring-it-all-in-a-360 "

Leave a Comment