Following are the main principles upon which 360-degree feedback is constructed:
1. Principle of Performance Enhancement: The quality and timeliness of feedback are critical factors in improving individual, group and organisational performance,
2.Principle of Validity and Reliability: Evaluation of performance data from numerous sources generates more reliable and valid information as compared to evaluation from a single source.
3. Principle of Change: It lends an enhanced level of self-perception about one’s behaviour and attitude. As a result, employees are able to learn about their strengths, weaknesses and improvement areas.
With this knowledge, employees are able to effectively change their attitude as per the changing requirements and thereby enhance their performance level.
4. Principle of Participation: It satisfies the aspiration of the employee to participate in organisation building and to learn from his environment.