People typically provide feedback because they like what you are doing and want you to continue, or they don't like what you are doing and want you to stop.
However, there's more to gain through feedback than that:

* It tells us if we are on the right track and, when we're not, how to get back on track.
* It sustains our motivation. We need to know if our efforts make a difference.
* It lets us see ourselves as others see us. Gaining a more complete picture.
* It is central to your relationship/ partnership with others.

Feedback is a conversation that provides personally relevant information that helps one to make informed choices about what to do.

Feedback is effective when it has the following components:

1. give-and-take dialogue
2. connected to goals and concerns, relevant
3. nonjudgmental and nonevaluative
4. instructive: points to the right direction

So, whether you are giving or receiving feedback, may you be mindful of these points and get the most out of it.