As we start off the New Year, many companies are preparing to launch its strategic plans and goals. And as expected, there are several articles and blogs predicting the various industry trends for 2011. What better time to put the TBC President and VP in the hot seat, right? I asked them to shine-up their crystal ball and talk about the state of 360 Feedback in 2011.
So without further ado, here are a few predictions about upcoming trends for 360s from Derek Murphy and Tom Kuhne.
Translations
Emerging markets are growing at a rapid-pace, and the U.S. companies with presence in these markets are investing more in leadership development tools. With a greater focus on leadership development in emerging markets, more companies are requesting translation capabilities from its 360 feedback provider.
While translating 360 surveys is not a new concept, Tom said the requests for translations will continue to grow in 2011.
“Talent and development is typically built around the company headquarters’ model,” Tom said. “Translations offer companies the ability to use the standard platform that is implemented at the headquarters and launch it at the multicultural offices.”
Push Toward Validation
In 2011, companies will request 360 Feedback that are validated, which is somewhat of a trend reversal of the past couple years. Derek said for several years many companies that used TBC’s TruScore survey hosting platform were hosting homegrown instruments.
“We’ve had more and more interesting requests for validated content,” Derek said.
So why is that? Well, that leads us to the next trend.
Emphasis on Development Plans
Tom gave me a home improvement example to explain why companies are seeking validated instruments.
Okay, so say your bathroom is due for a remodel. While this will entail major structural changes, you decided you could handle the project yourself. After all, you are an avid viewer of all HGTV home improvement shows, and if some of those people can remodel their own homes, surely you can do it, right?
You have all the tools, a plan of action, and a design of how the new bathroom will look. Fast forward to spending tons of money and time (not to mention, blood, sweat and tears) - you finally finish the job. Although, after a while you notice the tiles aren’t straight, and why doesn’t the toilet work all the time?
Maybe if you had hired a home improvement expert you would have saved time and had a functional bathroom.
The same rings true with 360 surveys. HR professionals are realizing that 360 feedback is not just a fluff HR exercise – when performed properly, managers do tend to improve and act on results. A tool that isn’t validated can result in poor ROI and just an overall bad impression of 360 feedback.
Validated surveys are important because at its core, validation uses analytic techniques that are reliable and accurate in measuring the intended goal of the survey. Based on the survey’s results, individuals and organizations can make reliable strategic decisions about where to focus their development efforts.
Companies in 2011 will place more emphasis on partnering with 360 providers that offer validated surveys, and that can also bring to the table goal setting, development plans, and other training options.
Technology Improvements
Another trend will be significant technology enhancements for web-based 360 Feedback. The technology upgrades do not mean the platforms are complicated and hard to use. Companies want a comprehensive online solution to be user-friendly and simple, as Tom said, “do more with less technology.”
Look for 360 feedback providers to offer flash tutorials, an increase in automation options, and additional online resources.
Reinvest in Talent Development
Derek said an encouraging trend in 2011 is more companies are choosing to reinvest in talent development, and there will be an overall uptick in volume for 360s.
A recent Wall Street Journal article reported there is a growing fear across organizations regarding the shortage of qualified talent as business picks up in the recovering economy. To address this fear, organizations are reinvesting in talent development programs, and investing more in these critical areas to better position themselves as they shift to growth mode.
“Instead of hiring managers from the outside, many companies will focus on building someone up into a leader from within,” Derek said.
Now it’s your turn - what trends are you seeing in your industry?
Showing posts with label validation. Show all posts
Showing posts with label validation. Show all posts
Validation: The Key to Effective 360 Surveys
So you’ve decided to conduct a 360 survey within your business. But how do you choose which service to utilize? There are many different companies claiming to offer 360 feedback surveys and leadership coaching, but not all of them provide an important facet of 360 Feedback: validation.
But what exactly is survey validation, and why is it so important?
The American Educational Research Association, the American Psychological Association, and the National Council on Measurement in Education’s book titled Standards for Educational and Psychological Testing defines validity as “The degree to which evidence and theory support the interpretations of test scores entailed by the proposed used of tests. Validity is therefore the most fundamental consideration in developing and evaluating tests” (1999).
But lets take this to the layman’s level.
Validation is defined by Dictionary.Com as “To establish the soundness of; corroborate.” Their technology-specific definition says that validation is, “The stage in the software life-cycle at the end of the development process where software is evaluated to ensure that it complies with the requirements.”
At its core, survey validation is using analytical techniques to make sure the instrument is reliable and accurate in measuring the intended goal of the survey.
A validated survey instrument means that, based on that survey’s results, individuals and organizations can make reliable strategic decisions about where to focus their development efforts. The organizations can have confidence that the survey is accurately measuring the things that it is supposed to measure, and that the results can indicate the direction the individual or organization should take.
How can you tell if the tool you are using is validated? It’s simple: ask. Look for a vendor that touts its validation (shameless plug to our own surveys). If you can’t find anything about validation on the tool’s website, call and ask a customer service representative. Just make sure the data that you will be collecting actually means something, and isn’t off-the-mark.
If you use a validated tool, you’ll know that you are using a system that will be worth the money, time, and effort it takes to complete a 360 survey. Coaches will then be able to use this relevant information to create change in your company culture and produce better leaders, better management, and higher productivity.
So after exploring the importance of validation, do you see how vital it is for an effective evaluation and coaching program? We do. That’s why we’ve invested hours into making sure our surveys pass the test. We believe in the essential role of validation in surveys—and we hope you do, too.
But what exactly is survey validation, and why is it so important?
The American Educational Research Association, the American Psychological Association, and the National Council on Measurement in Education’s book titled Standards for Educational and Psychological Testing defines validity as “The degree to which evidence and theory support the interpretations of test scores entailed by the proposed used of tests. Validity is therefore the most fundamental consideration in developing and evaluating tests” (1999).
But lets take this to the layman’s level.
Validation is defined by Dictionary.Com as “To establish the soundness of; corroborate.” Their technology-specific definition says that validation is, “The stage in the software life-cycle at the end of the development process where software is evaluated to ensure that it complies with the requirements.”
At its core, survey validation is using analytical techniques to make sure the instrument is reliable and accurate in measuring the intended goal of the survey.
A validated survey instrument means that, based on that survey’s results, individuals and organizations can make reliable strategic decisions about where to focus their development efforts. The organizations can have confidence that the survey is accurately measuring the things that it is supposed to measure, and that the results can indicate the direction the individual or organization should take.
How can you tell if the tool you are using is validated? It’s simple: ask. Look for a vendor that touts its validation (shameless plug to our own surveys). If you can’t find anything about validation on the tool’s website, call and ask a customer service representative. Just make sure the data that you will be collecting actually means something, and isn’t off-the-mark.
If you use a validated tool, you’ll know that you are using a system that will be worth the money, time, and effort it takes to complete a 360 survey. Coaches will then be able to use this relevant information to create change in your company culture and produce better leaders, better management, and higher productivity.
So after exploring the importance of validation, do you see how vital it is for an effective evaluation and coaching program? We do. That’s why we’ve invested hours into making sure our surveys pass the test. We believe in the essential role of validation in surveys—and we hope you do, too.
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