The Investment Capital Growth Blog

Every one of us concur that it is extremely vital to have an idea of what others think of us in our place of work, and this is the more reason why evaluations, often known as multi-raters or 360 have grown widespread as well as commercialized. However, my question is; can taking numerous 360 or multi meter evaluations hamper, instead of assistance the executives? I was in this executive office the other day when he opened this file drawer, and right inside were about 15 or probably 20 evaluations.

These include but not limited to DISK, EQ, MBTI, leadership efficacy, competencies, strengths, half brain, whole brain, social status and whatever you can imagine, everything was there. I’m quite familiar with the majority of these tools. As a professional Advisor and Board Member. However, the problem is that you can’t find any multi rater evaluation online that really links to a professional accomplishment.

I will be discussing 3 factors that make evaluations harmful in this blog, pay attention to the third factor; it is the most important of all.

Our executives might not be achieving any success with multi rater evaluation. What could be the reason? The number factor is that it doesn’t have any objective or goal, so then what’s the need? If you visit your physician for your annual checkup, if your doctor decides to conduct extensive tests including a sonogram and an MRI, of course you will be wondering what the doctor is up to. Same is applicable to evaluations in the office. Most of the times, evaluations are conducted without any specific objective or aim. And without objective, it is definitely the wrong evaluation for the executive.

Secondly, multi rater evaluations are demanding on your company. Let’s briefly consider the time cost; whenever one executive conducts an evaluation, at least 12 people spend about half an hour to conclude it. Now just 12 multiply individuals by 30 minutes, multiply by their hourly charges multiply every professional in the organization that have been involved in a leadership program, multiply by the number of leadership training just one professional will have to attend in in his lifetime and we will be dealing with a huge cost that is not in any way commensurate with the gains.

Finally, evaluations have a brief lifespan. Usually following an evaluation, there is no or little feedback and in any case there isn’t any follow-up. Though there could be about a 20-minute somewhat discussion of the outcome, but then, the evaluation is put in the drawer, there it stays permanently with its colleagues and hardly surfaces again.

What then is my recommendation? As a professional Advisor and Board Member, I have a feasible and extremely effective strategy to assist my clients to become conscious of how people perceive them in the workplace.
To start with, I will never make use of a web based broad based multi rater evaluation except feedback is required in certain sections and I’m able to get an evaluation that matches the specific section for consideration. For instance, I could utilize an executive availability index or a private branding evaluation.

Then I carried out an interview based, directed 360 where I can directly know more about the strengths of my client, the opportunities and also from their seniors, colleagues, and direct subordinates.

All my questions are always kept open ended, allowing the team member to fully express him/herself. My clients always appreciate the unique and personal feedback I generate using this method.

In conclusion, I utilize the information to assist my client generate a useful goal that can improve their leadership influence. Thereafter we can work jointly to develop an action plan that commensurate with enduring success. Of course, it is extremely important to learn all that I can about my client; however, evaluations must be utilized intelligently to get the best results.

Many thanks for taking time to read this blog, if you enjoyed it, I highly recommend you share with your loved ones and colleagues, by kindly forwarding it, posting it on LinkedIn, Instagram, and Facebook, and tweeting it. I’m Cliff Locks, a professional executive advisor and Board of Director. As I say, be passionate in everything you do, model great leadership for others, understand your strengths and use them, set positive goals, make definitive plans based on them – and execute, it’s ok to admit when you fail and move on, and always motivate others. Let’s work together to enhance your leadership skills potential, visit www.InvestmentCapitalGrowth.com and click on the chat app on the lower right, or use this link to schedule a call www.calendly.com/clifflocks so we can schedule time together to help you fulfill your vision of success and opportunities help your company achieve its goals.