Many companies will look within their own workforce when choosing new members for a management team. After all, there is a good chance that those already working for the company are both loyal and knowledgeable, and will be best placed to understand both the needs of the unique workforce and also the way in which processes work best within that unique business context.
However, choosing the right candidate is not always easy. Not only might numerous members of staff all have very different strengths to bring to the table, but those who the management think are the right candidate for the job may be far less popular or respected by colleagues and therefore promoting them to a position of authority is unlikely to bring the results one would wish for.
For those looking to promote from within, a 360 appraisal is likely to be an invaluable tool to help you make the right decision. By getting 360 degree feedback about each potential candidate, you can more fully understand not only the overall perception of individual candidates from each and every member of staff but also how well they are likely to take to a leadership role themselves.
A 360 appraisal can also throw up some surprises and identify candidates management may not have otherwise considered. With 360 degree feedback it is far easier to see just who has potential and talent, and who is all show. And by understanding this as soon as possible, you are far more likely to have a smooth transition and ultimately save, time, hassle and money, whilst boosting morale at the very same time.
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