Day: June 23, 2020

The importance of peer feedback in the digital workplace

In the first two quarters of 2020, much of the global workforce was suddenly, if reluctantly, thrust into a dependence on virtual work. Employees at all levels learned to hold videoconferences for everything from sales prospecting to exit interviews. For many, the technology was as new as their workspaces: kitchen tables and makeshift desks in bedrooms. Employers are still working out how to monitor and assess how this sudden shift is affecting employee performance and how to evaluate what these workers are doing.

The assessment approach known as 360-degree feedback can help. It’s a peer-review system that includes data on how others think an employee is performing, as well as how that employee views his or her own work. It can be done virtually, but its roots are in face-to-face interaction. Although the term originated in the 1950s, there was a surge in the use of this kind of

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The importance of peer feedback in the digital workplace

In the first two quarters of 2020, much of the global workforce was suddenly, if reluctantly, thrust into a dependence on virtual work. Employees at all levels learned to hold videoconferences for everything from sales prospecting to exit interviews. For many, the technology was as new as their workspaces: kitchen tables and makeshift desks in bedrooms. Employers are still working out how to monitor and assess how this sudden shift is affecting employee performance and how to evaluate what these workers are doing.

The assessment approach known as 360-degree feedback can help. It’s a peer-review system that includes data on how others think an employee is performing, as well as how that employee views his or her own work. It can be done virtually, but its roots are in face-to-face interaction. Although the term originated in the 1950s, there was a surge in the use of this kind of

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How Can I Tell Whether My Business Ideas Are Good or Bad?


7 min read

Opinions expressed by Entrepreneur contributors are their own.


With an estimated 100 million new businesses launched globally each year, the chances of coming up with an entirely unique idea literally become slimmer by the second. However, even if a similar product or service, you can still offer a unique experience that gives you an edge over your competitors. 

Today’s challenges have forced businesses big and small to pivot and appeal to the new needs of their customers. Businesses that fail to clearly demonstrate value to their target consumers are destined to have short shelf lives. And in the economic downturn, reduced spending power means a business idea that might have worked a year ago may be less successful, or vice versa.

Rich Vogel, founding partner and CFO of Loeb.nyc believes aspiring founders need to find a balance between catering to consumers during the

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