In 1921, Charles Ponzi took the American people on a fraudulent wild ride of scheming and dealing. He made polluted money in a frenzy of illegal shenanigans. Who held Charles Ponzi accountable? Until the U.S. court system stepped in, no one did.
While most cases of deficient accountability aren't nearly as severe as the case of Charles Ponzi, there are potential Charles Ponzi's in every industry and in any-sized organization. Consider the latest round of Ponzi schemes. Action accountability for everyone is a priority. Is accountability built into your boss' job? Is it built into your job?
One of the main purposes of a 360 feedback process is to create accountability for the way leaders lead. The feedback received from a 360 assessment should act as a catalyst for a leader's personal improvement. Without accountability, a 360 survey is not a catalyst, it is simply ineffective.
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