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¶ … 360 degree assessment tool is providing an objective evaluation as to how professionals and organizations are perceived around the world. This helps them to understand what is happening and to make adjustments to improve their image among stakeholders. These areas allow both individuals and firms to protect and build upon these beliefs. ("360 Brand Assessment," 2013)
This is providing a number of benefits that will help in achieving their objectives. The most notable include: strong personal branding, the ability increase compensation / pay / fees and it improves confidence. The combination of these factors will have an impact on how well a person or organization is able to interact with others. ("360 Brand Assessment," 2013)
The benefits of a strong personal brand, helps someone to increase their favorability among stakeholders. This is accomplished with the reviews which are received. The opinions that are provided, helps the individual to understand their image among other professionals and potential customers. For employees, this is a great way of promoting their skills and experience to employers. ("360 Brand Assessment," 2013)
At the same time, this helps entrepreneurs to see their favorability of themselves, the company the own and the products they are selling....
This enables them to test perceptions and improve upon them before making any kind of sizable investments. Over the course of time, these tools can be used to enhance favorability. ("360 Brand Assessment," 2013)
In the case of employers, HR personnel can use these tools to understand the skills, experience and education of perspective employees. This helps them to assess the situation and determine if these changes will have an impact on productivity, the quality of products / services and leadership potential. It is at this point, when executives can make better hiring decisions and reduce employee turnover in the process. ("360 Brand Assessment," 2013)
Another benefit of the 360 assessment tool; is it helps to increase the compensation, pay and fees. This is taking place, with favorable perceptions enhancing the value of employees and independent contractors to an organization. As they will pay them more based upon what they can provide over the long-term. ("360 Brand Assessment," 2013)
In the case of firms and entrepreneurs, this will result in higher fees for their services. This is from the tool helping to improve the favorability of the organization and it is objectively analyzing the quality of products / services they are providing. Over the long-term,…
References
360 Brand Assessment. (2013). Reach CC. Retrieved from: http://www.reachcc.com/360reach
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