When you decide to collect company-wide feedback, there’s an important thing to remember: You could fail. And that’s not a problem. After all, it’s just another experiment you can learn from. In this case: You either receive good feedback, or you’ll find out what doesn’t work.
What is success?
Of course, in order to know if what you do works, you need to define what failure or success means. So make sure you define your goals and add a clear timetable. When do you need to see results? When is it time to adjust what you do? Don’t act too quickly, but we’ll talk about that later. The other thing you need to think about is the most important metric in collecting feedback, the participation ratio. That’s the amount of employees that provide you with feedback compared to all the employees. You’ll want to hear as many people as possible, not just a small group. And your employees will only dedicate their time if they believe that it’s not only empty words. So getting back on feedback is a must. Read more about that right here.