Why Do You Need Feedback? 10 Reasons

Aligning performance with expectation is the goal of feedback. Whether it is user feedback or employee feedback, it is the index of the operational health of any organization. It creates a less hierarchical and more equal structure that encourages the workforce to put in their best ensuring a mutual satisfaction and improvement. While this is the decisive factor for the inside health of an organization, customer feedback projects its outside picture. Industries that really look forward to advance seek customer satisfaction at prime.

1. Ruling the market: If you want to grab the market, you must know what rules it. Many companies struggle to identify their customer base, given their variable bend on product choices. Same goes for theperformance of the company's workforce. More than detrimental, unrealistic goal can be suicidal to subsist in the competitive age. User feedback oremployee feedback saves the company from this fate.

2. Establishing ownness: Both internal and external satisfaction join hands to run a company smoothly for long. It is extremely important to inculcate a sense of "ownness" in the employees' mind to optimize the gain. This helps them to contribute voluntarily without the push for meeting targets and deadlines.

3. Sharpening competitive edge: The present focus on team-based performance rather than individual expertise has helped add to the companies' profit chart. An individual becomes zealous to perform much better than while working solo. It kindles the competitive flare to make one give one's best to make one's team a winning team.

4. Adding value: Discussions to evaluate and chalking out plans with the employees works effectively to help a company grow. Replacing a hierarchical infrastructure with increased involvementof the employees and also the customers often make easier and quicker solutions to tricky issues.
5. Faster solution: In a flatter work environment, a superior comes down at a directly-reportable distance to more subordinates. This leads to multiple feedback on a given issue ensuring a closer look at it and gets it fixed more quickly.

6. Improved communication: In a flatter structure, employees' feedback directly reflects their grievances that can be easily addressed to make things more airy.

7. Identifying strong points: feedback often assesses the strong and weak points of employees. This saves the company of the mistakes to appoint employees for jobs unsuitable for them.

8. Ensuring evenness: Employee feedback does away with bias and favoritism. Regular appraisal encourages workers to show their skills without undermining them of any unfair treatment.

9. Scanning commitment: Individual employee feedback helps the company scan the minds of their workers to assess their commitment. Individual expertise and likings are also evaluated that can be utilized to channel their potentials in the right way.

10. Building goodwill: Employees and customers are the index of a company's health. A business cannot aim for too high depriving the benefits of its employees and customers. A business has more responsibilities than only making money. Only positive feedback of the employees and the customers translates into a company's goodwill.