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Business Acumen Competency
360 Degree Feedback Survey Sample #2

Business Acumen Competency Definition
The Business Acumen competency are the set of behaviors that help you to understand the business enterprise including: gathering business information, thinking strategically, working efficiently, forward thinking, leadership and influence, understanding the mission and vision, sharing information, being impactful, working toward and supporting the customer, having financial literacy, managing risk, analytical thinking, managing change, being aware of the market, and having regulatory knowledge.
How do you measure the Business Acumen Competency?
The questionnaire below measures important aspects of the Business Acumen Competency using a set of behavioral statements as part of a 360-Degree Feedback survey process.




Surveys Measuring :
Survey 1 (4-point scale; Competency Comments)
Survey 2 (4-point scale; Competency Comments)
Survey 3 (5-point scale; Competency Comments)
Survey 4 (5-point scale; radio buttons)
Survey 5 (4-point scale; words)
Survey 6 (4-point scale; words)
Survey 7 (5-point scale; competency comments; N/A)
Survey 8 (3-point scale; Agree/Disagree words; N/A)
Survey 9 (3-point scale; Strength/Development; N/A)
Survey 10 (Comment boxes only)
Survey 11 (Single rating per competency)
Survey 12 (Slide-bar scale)
Survey 13 (4-point scale; numbers; floating anchors)
Survey 14 (4-point scale; N/A)
Instructions

You have been selected to provide feedback on the employee listed above. Your feedback is an important part of our company's leadership development process and this survey is intended to gather broad feedback in the core competencies and role responsibilities that are important for the on-going success of our organization.

In responding to the questions below, think about your experiences working with this employee over the last twelve months and the goals they were asked to achieve. The effectiveness of this development tool is dependent on your honest, forthright and constructive responses so please bear this in mind as you answer each question. Your responses will be discussed with the employee to foster growth and on-going development.

Competencies Included:
Business Acumen, Flexibility, Professional Development, Problem Solving, Technology Use/Management, Objectives, Trustworthy, Customer Focus, Company
Sample Result Document:
Sample Results
Partially completed forms can be saved by using the Save/Still Working button at the bottom of the page. You may return at a later time to complete/edit the form. Your saved responses will be shown each time you re-visit the feedback form. When you are certain that you have completed your responses and will be not making any changes, click the Complete button.

Please ensure that your submission is made between . The survey will only be available during these dates.
Edit this Survey
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Business Acumen

Clear
Strength
Capable
and
Effective
Could
Benefit from
Development
Needs
Significant
Improvement
  1. Facilitates creativity and innovation in individuals by helping them understand different aspects of the business.
  1. Facilitates business changes with minimal resistance.
  1. Understands the critical business needs of the customer.
  1. Aware of regulations that impact our business.
  1. Effectively develops and uses resources (people, time, money, supplies, equipment, and space) to improve organizational performance
  1. Has an understanding of various asset classes and how to interpret balance sheets.
What are your suggestions for how [Participant Name] can make improvements
in Business Acumen?

Flexibility

Clear
Strength
Capable
and
Effective
Could
Benefit from
Development
Needs
Significant
Improvement
  1. Performs more and varried processes on the production line.
  1. Agile and versatile when responding to critical issues.
  1. Solves problems using innovative solutions by keeping an open mind and considering the input from others.
  1. Allows for flexibility in setting realistic performance goals.
  1. Able to produce goods and services across a wide spectrum of business needs.
  1. Responds to changing governmental regulations.
What are your suggestions for how [Participant Name] can make improvements
in Flexibility?

Professional Development

Clear
Strength
Capable
and
Effective
Could
Benefit from
Development
Needs
Significant
Improvement
  1. Quickly acquire and apply new knowledge and skills when needed
  1. Demonstrate enthusiasm and a willingness to learn new skills and knowledge
  1. Encourages employees to take courses relevant to their job.
  1. Seeks opportunities for professional development.
  1. Allows employees to fully participate in employee training and professional development.
  1. Contributing fully to the extent of their skills
What are your suggestions for how [Participant Name] can make improvements
in Professional Development?

Problem Solving

Clear
Strength
Capable
and
Effective
Could
Benefit from
Development
Needs
Significant
Improvement
  1. Strategically distributes resources (people/time/money) to maximize chances of solving the problem efficiently and effectively.
  1. Quickly adapts and changes course as new information emerges or the situation evolves.
  1. Engages employees in the decision-making process to ensure their support before introducing a solution to a major problem.
  1. Solicits information about the problem from team members.
  1. Selects the solution best aligned with the department's goals.
  1. Makes judgments based upon relevant information.
What are your suggestions for how [Participant Name] can make improvements
in Problem Solving?

Technology Use/Management

Clear
Strength
Capable
and
Effective
Could
Benefit from
Development
Needs
Significant
Improvement
  1. Supports technical training and development of employees.
  1. Understands and is committed to implementing new technologies.
  1. Proficient in the use of technical systems and processes.
  1. Maximizes the use of new technology to deliver products and services.
  1. Supports employee training and development initiatives regarding implementation of technology.
  1. Adopts the implementation of new technology into the workplace.
What are your suggestions for how [Participant Name] can make improvements
in Technology Use/Management?

Objectives

Clear
Strength
Capable
and
Effective
Could
Benefit from
Development
Needs
Significant
Improvement
  1. Effectively organizes resources and plans
  1. Ability to establish realistic goals.
  1. Sets long-term and short-term goals.
  1. Assures [Company] principles are understood, employed & pursued.
  1. Works toward achieving established goals and objectives.
  1. Encourages me to take on greater responsibility.
What are your suggestions for how [Participant Name] can make improvements
in Objectives?

Trustworthy

Clear
Strength
Capable
and
Effective
Could
Benefit from
Development
Needs
Significant
Improvement
  1. Builds and maintains the trust of others.
  1. Is trustworthy; is someone I can trust.
  1. Delivers on promises made.
  1. Is a person you can trust.
  1. Communicates an understanding of the other person's interests, needs and concerns.
  1. Demonstrates congruence between statements and actions.
What are your suggestions for how [Participant Name] can make improvements
in Trustworthy?

Customer Focus

Clear
Strength
Capable
and
Effective
Could
Benefit from
Development
Needs
Significant
Improvement
  1. Makes customer's needs a top priority.
  1. Tailors solutions to meet the specific needs of each customer.
  1. Uses product expertise to guide customers toward a satisfying choice.
  1. Ensures communication with customers is honest and transparent.
  1. Looks for opportunities that have a positive impact on customers.
  1. Builds trust with the customer.
What are your suggestions for how [Participant Name] can make improvements
in Customer Focus?

Company

Clear
Strength
Capable
and
Effective
Could
Benefit from
Development
Needs
Significant
Improvement
  1. Creates reasonable and timely policies regarding social media.
  1. Connects individual roles to the broader mission of the organization, reinforcing a sense of impact.
  1. Provides access to training, documentation, and expert support to help employees use resources effectively
  1. Defines clear roles and responsibilities to reduce friction and enhance coordination
  1. Encourages employees to be proud to be part of the company.
  1. Establishes a Leave and Time Off policy to help improve work/life balance.
What are your suggestions for how [Participant Name] can make improvements
in Company?


  1. Strengths


  2. Areas for Development


  3. Please give any final comments or suggestions for [Participant Name Here]'s assessment.