What Are the Challenges of 360 Degree Feedback in Entrepreneurship?
While beneficial, 360 Degree Feedback is not without its challenges. For one, it can be time-consuming to gather and analyze the feedback. There's also the risk of receiving biased or inaccurate feedback. Additionally, implementing changes based on feedback can be difficult, especially in a rapidly changing business environment. Entrepreneurs must be prepared to address these challenges to make the most of the feedback process.