How can companies measure the impact of implementing a centralized feedback system on employee performance and overall customer satisfaction, and what strategies can be used to continuously improve this system over time?

Companies can measure the impact of implementing a centralized feedback system on employee performance and customer satisfaction by analyzing key performance indicators such as employee engagement levels, customer retention rates, and feedback response times. To continuously improve the system over time, companies can gather feedback from employees and customers on the effectiveness of the system, regularly review and update feedback processes and tools, and provide training and support to employees on how to effectively use the system. Additionally, companies can use data analytics to track trends and patterns in feedback data to identify areas for improvement and make data-driven decisions to enhance the system.