Ah, we have something like that every year starting about three years ago.
Well, the results from the first years management feedback survey was, frankly terrible: We hated them for imposing half thought out ideas on us and then reacting badly when we pushed back against them. Oh....and we hated them for lying to us, an example being: "No, we aren't downsizing just moving people on to new opportunities outside the business. You don't mind picking up their work do you."
As a reaction to this, the senior management held meeting after meeting and promised to do better/listen more etc etc. The next feedback however, was worse with people saying: "Just go away and let us get on with our jobs. We know what we are doing: that's why you employed us, so bugger off and let us get on with it."
Did they bugger off....did they heck as like! Instead, they introduced "360 views" where a person (mostly a disposable middle management) were examined by people who had links to them. So, their manager would say what they thought of them/their performance as would the middle managers staff....except that no-one from the minor sub decks would play ball and give feedback: we aren't stupid down here, so that idea was quickly scrapped.
Now senior management say they listen.... the results of the most recent survey are out soon. Lets see if us plebs agree.....