The new product launch is designed to make 360 feedback more accessible, scalable, insightful and affordable.
Press release: Kuala Lumpur, Aug 12, 2020: Accendo Technologies, a leading provider of cloud-based strategic talent management solutions, announced the release of a new tool for making 360 feedback more easily available for affordable and accessible for organizations. The new tool will be a part of Accendo’s TalentPulse platform and integrated into all dashboards, reports and other talent assessment and talent management features.
Traditionally, 360 feedback tools have been used more at the senior levels, given the costs generally associated with such tools. While there is broad acceptance of the utility of such tools to generate insightful feedback from managers, peers and reportees, mass utilization has been restricted so far because organizations have limited budgets availability. Accendo’s new tool is designed to fill this market gap and make 360 feedback accessible for employees at all levels.
To democratize the use of feedback and encourage utilization, Accendo will offer a free version of the 360 tool that will include 10 licenses per organization per month. The free version is based off industry best practices workflows, questionnaires and analysis. With the free tool, organizations will be able to obtain valuable feedback on employee performance from people who work closest with them. For organizations seeking a customized version, the 360 tool will also be offered as a paid version, but at a significantly lower cost as compared to traditional tools available in the market.
Speaking about the launch, Sharma Lachu CEO & Founder, Accendo Technologies, said that “We all talk about the value of feedback and its importance in developing an individual, but the process of obtaining this feedback is traditionally too expensive and cumbersome – we are changing that today by offering organizations a better, more scalable, flexible and cost-effective way of doing so. I hope organizations will take advantage of this opportunity to democratize feedback“
Accendo helps organizations revolutionize how to attract, assess, align, develop and retain top talent, both inside and outside the company. The company’s cloud platform enables organizations to run entire talent journeys that includes conducting assessments, obtaining meaningful insights for strategic decision support, and crafting learning journeys and career paths for individual employees. Accendo is reimagining how talent assessments are used through an impactful combination of data science, intelligent analytics, process efficiency and user experience. Headquartered in Kuala Lumpur, Malaysia, the company services leading corporates across a wide cross-section of industries, with needs for succession planning, graduate hiring programs, hipo identification, promotions, recruitment and talent optimization.
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