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The Corporate Digest

Dear David,

Here's an article of mine that was first published in the Spring Edition of the Employee Ownership Insights by the University of California San Diego (UCSD) Rady School of Management's Beyster Institute that gives some information on a more effective way to use an assessment tool - a tool that corporate leaders could use more often.

The Beyster Institute:

Building Entrepreneurial Companies Through Employee Ownership

Ten Ways to Get the Most from a 360-Degree Leadership Assessment

By David Levy

Dan McCarthy of the Whittemore School of Business Economics shares some best practices for getting the most value from a 360� leadership assessment.

In employee-owned businesses, an alignment of goals and priorities is vital and desired. The leadership should be interested in an assessment of their performance. Leadership in these companies may be unorthodoxly defined because it may include culture leadership and not only corporate leadership.

What is a 360� assessment? It is a process in which employees receive confidential, anonymous feedback from the people who work around them. This typically includes the employee's manager, peers, and direct reports. It is an effective way to get feedback, often against a set of pre-defined leadership competencies.

Here are McCarthy's 10 top tips for getting the most value from a 360� leadership assessment:

1. Mentally prepare yourself

Prepare yourself to accept the feedback positively, as the next step to becoming a better leader.

Read more

David Levy has worked with many companies utilizing his business profit improvement strategies to improve their effectiveness and their profits. He helps with the tough decisions and helps businesses, and their people, grow. To discuss how he can help you, please call 858-453-3778. Learn More