The 360-Degree Feedback exercise is a feedback process where feedback regarding your behaviors, performance, and attitudes comes from all around you. This means getting input from individuals who sit above, below, and on the level with you, in addition to self-assessment. In a personal context, it might also include family and friends. Here's a detailed breakdown of the process:

1. Identify Feedback Providers: The first step is to identify who will provide you with feedback. In a work context, this could include your manager, peers, and direct reports. For a more comprehensive view, consider including people from your personal life as well, such as friends and family members.

2. Set Clear Expectations: Before you begin the process, ensure that your feedback providers understand what you're asking of them. You're seeking honest, constructive feedback on how you react in different situations, particularly regarding your emotional responses. Let them know that their feedback will be anonymous and that you're committed to using it for personal growth.

3. Construct Feedback Mechanisms: Depending on the situation, this could be as simple as an open-ended question ("Can you provide some examples of situations where you observed me reacting emotionally, and how I handled it?") or it might be more structured, using rating scales or specific behavioral indicators.

4. Gather and Analyze the Feedback: Once the feedback comes in, take some time to go through it carefully. Look for patterns and common themes – these are likely areas that need attention. Also, pay attention to discrepancies between how you perceive yourself and how others perceive you.

5. Reflect and Make an Action Plan: After analyzing the feedback, reflect on the insights you have gained. Recognize your strengths and also acknowledge the areas where improvement is needed. Based on this, create an action plan to address the areas you'd like to work on. This might involve setting specific goals, seeking further training or coaching, or implementing new strategies for managing your emotional responses.

6. Follow-up: After a few months, consider doing a follow-up round of feedback to see if the changes you've implemented are noticeable to others. This not only shows your commitment to personal growth but can also provide motivation to continue your development efforts.

Remember, getting feedback can be a humbling process, but it's invaluable for personal growth. Ensure you approach it with an open mind and a readiness to learn and grow.