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Project title
PERFORMANCE APPRAISAL SYSTEM&
ITS EFFECTIVENESS INAYURVEDIC AND HERBAL
INDUSTRY
PROJECT GUIDE:
SUBMITTED BY: MR.RAJESH SIR
ZEBA FATHIMARNO:08C41E0025IIYR (I-sem) MBA(JNTU )
Jayamukhi collegeNARSAMPET
year(2009-2010)
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CERTIFICATE
This is to certify the project work entitledstudy of performance appraisal systemand its effectiveness In an industry has
been carried out by Ms..bearingrollno.. under my supervisionguidance and submitted in partial fulfillmentof requirement for the award of project reporton Ayurvedic & herbal industry. Duringthe period of 02-11-2009 to 02-12-2009.
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CONTENTS
Acknowledgement Preface
Vision statement
Objectives of the industry
Introduction
Industrial profile
Objective and methodology
Performance appraisal-Theoretical review
Performance appraisal in ayurvedic & herbal
industry Analysis and Interpretation
Conclusions &suggestions
Annexure
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ACKNOWLEDGEMENT A work is never a work of an individual. I owe asense of gratitude to the Intelligence and co-
operation of those people who had been so easy tolet me Understand what i needed from time to timefor completion of this exclusive Project .
I want to express my gratitude towards Mr.RAJESH sir, Management Faculty, for giving me anopportunity to do this project.
Last but not the least, i would like toforward my gratitude to my friends & Other facultymembers who always endured me and stood byme and without Whom I could not have envisagedthe completion of my project.
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PREFACE
The performance appraisal outcome has tobe used frequently for the purpose of reward onperforming well together with the feedback on theperformance .Also when performance goes downemployee has to be motivated to do better.
I have tried to put my best effort to complete
this task on the basis of skill that I have achievedduring my studies in the institute.
I have tried to put my maximum effort toget the accurate statistical data .However I wouldappreciate if any mistakes are brought to me bythe reader.
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VISION : To be a part of our customers life by exploring
the remedies to the malfunctions and provide our
customers the purity and freshness of nature for curing
them and there by help them to lead an easy life byproviding cure to your problems in a natural way.
OBJECTIVES OF THE AYURVEDIC &HERBAL INDUSTRY:
1.Explore and provide the best possible natural
remedies to the diseases and the leading and herbal
industry for life style disease
2. Launch new products which help to improve the lifestyle
3.To increase the customer satisfaction through good
service and innovative products.
AYURVEDA- OVERVIEW
Ayurveda meaning 'science of life,' is a traditional branchof medicine belonging to India. The ayurvedic therapiesare so effective that it has become popular all over theworld as alternative medicine. According to Ayurveda, thefive great elements or Panchatatva- earth, water, fire,air and space- compose the Universe, not forgetting thehuman body. It says that human body is made of three
main constituents- Dosha Dhatu Mala. Doshas- vata orwind/spirit/air; pitta or bile; and kapha or phlegm- areprinciples that control all physical activities. Dhatus aremain physical constituents that maintains physicalcondition of human body. Mala, the waste products, areto be excreted out of the body.
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INTRODUCTION OF AYURVEDA
Welcome to the world of Ayurveda. This branch of
medicine has today achieved somewhat the same glory
that it had in ancient India and which defined its identity
as 'Ayurveda India.' This section gives you a glimpse into
the treasured knowledge of this very effective alternative
medicine system. Right from the definition, it contains the
basic concepts of ayurveda as well as the more complex
principles of ayurveda.
AYURVEDA SUMMARY
About Ayurveda : the origin of ayurveda, the wordconjugated by "ayu" meaning life and "Veda" meaning
knowledge can be traced back to the evolution ofcivilization. The Indian sages thousands of years ago
enscripted their knowledge about life and the
fundamentals of ayurveda in the oldest scriptures known
to mankind, namely the Rig Veda, Yajur Veda, Athrva
Veda and Sam Veda.
Ayurved is regarded as the Upaveda or sub-scripture of
the Yajurveda. This Veda contains abundance of
information on how to keep oneself healthy and to
combat diseases.
Originated as a part of Vedic science, ayurveda is an
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integral spiritual science devised to give a comprehensive
understanding of the entire universe, which it sees as
working according to a single law. Ayurveda is the branch
of Vedic science, which deals with physical body besidesyoga, meditation, astrology, etc. Herbal medicine,
dietetics, physiology, surgery, psychology, spirituality etc.
are included in ayurveda under Ashtanga Ayurveda.
From the ancient enlightened sages and period, Vedic
culture ayurveda is the healing gift to mankind. It is
believed that the astronomical records in ancient Vedic
texts, the Vedic system, including ayurveda, was in
practice even before 4000 BC. Hence it is evident that
ayurveda was very mature and predominant in India
thousands of years ago.
Ayurvedic philosophy says that suffering is disease and
contentment is good health and no human being is
healthy if he does not posses a sound sharira (body), a
sound mana (mind) and a sound atma (soul). Ayurveda
advises for smallest things of personal hygiene and social
conduct and describe the whole way of life, narrates how
one should keep healthy.
The sages of ayurveda emphasized on the importance of
preventive medicine by developing individual's own
immune system to fight against all possible infections.
Ayurvedic healing has two levels:
One for the layman and self-care Second for the healer and his practice.
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The first ones outlines many common and home remedies for
different diseases and gives a general constitutional or life-styletreatment for health enhancement and disease prevention. It is
also believe that it is only when our life- style is out of harmony
that more severe disease arise and more specialized and
complicated health care becomes necessary.
The second level provides some of this specialized ayurvedic
medical knowledge and says that more is utilized by a health care
professional.
Most disease conditions involve physical and spiritual factors and
require treatment on both levels. Ayurveda traditionally involves
a holistic treatment of the entire human being and its full cosmic
nature.According to the Upanishads, the main spiritual teachings
of ancient India, disease is the highest form of asceticism (tapas),
whereby the truth of life and the truth of one's own self can be
revealed.
Disease may be a sign of wrong action in life, but it can also be an
indication that the soul is directing its energy within. Either way it
requires a spiritual re-examination of our lives, particularly if the
disease is severe. Hence, self-examination is the first step and
fundamental basis of understanding and resolving any disease.
Ayurvedic medicines consist of various natural herbs and mineralsand are rapidly gaining acceptance all over the world. Ayurveda
today is part of a new movement towards a globalmedicine that
includes the best developments from all lands.
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HISTORY OF AYURVEDA
Ayurveda in India has been a part of not only bodily
health but also of spiritual well being. The ayurveda
original scriptures that date back to Vedic era, written
about 5000 years ago, contain the treasure of knowledge
that is actually a blessing from ayurveda scholars. From
among the four vedas of ancient India, the Rig Veda talks
extensively about health, disease, pathogenesis and
principles of treatment. Many other original ayurveda
books like those written by Charak and Sushrut are totally
dedicated to dissemination of ayurveda knowledge. In
fact, Ayurveda today, is believed to be the only complete
medical system which still exists where as other forms of
ancient medicine have lost parts of their original
information. The glorified ayurvedic history has proved
that Ayurved is the true science of life, prevention and
longevity.
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HERBS
Herbs are more commonly called plants that have some
value with them. They are used because of their qualities
such as flavours, scent or some other properties. Each
herb is used in different ways. They are mainly used for
cooking and for making herbal products that are used fortreating various diseases. Indian herbs are a significant
part of the history of Ayurveda, the system of traditional
medicine which is now popularly called alternative
medicine. The herbs have been used by the Vaidyas-
the traditional Indian doctors for Ayurvedic treatment-
since ages. Different herbs are obtained from different
parts of a plant. They may come from roots, leaves,barks, seeds or flowers of a plant. However, the herbal
extracts obtained from plants are used in very small
quantities. Large amounts of herbs may result in
poisoning. This is particularly important fact to be
considered by those who use herbs as home remedies.
They should always use herbs with utmost caution.
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Indian Herbs
Aloe Vera
Ashwagandha
AsparagusRacemos
us
AzadirachtaIndica
Bacopa Monniera
Basil Herb
Boswellia Serrata
Calamus
CassiaAngustifolia
Cassia Fistula
Cassia Tora
Centella Asiatica
CinchonaOfficinalis
Datura
Stramonium
Emblica Officinalis
EphedraVulgaris
Guggul
GymnemaSylvestre
Hyocyamus Niger
Hedychium
Henna
Liquorice
Moringa Oleifera
Mucuna Pruriens
PapaverSomniferum
Pudina
Psyllium Husk
PterocarpusMarsupiu
m Punica Granatum
Quince
Rhubarb
Safed Musli
Sarsaparilla
Sida Cordifolia
Syzygium Cumin
Juglans Regia
Terminalia
Arjuna
TerminaliBeleric
TerminaliaChebu
a
TinosporaCordifo
a
TribulusTerrestr
ValerianaWallichii
Vinca Rosea
ZingiberOfficinal
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emedy.com/indian-herbs/guggul.htmlhttp://www.ayurveda-herbal-remedy.com/indian-herbs/gymnema-sylvestre.htmlhttp://www.ayurveda-herbal-remedy.com/indian-herbs/hyocyamus-niger.htmlhttp://www.ayurveda-herbal-remedy.com/indian-herbs/hedychium.htmlhttp://www.ayurveda-herbal-remedy.com/indian-herbs/henna.htmlhttp://www.ayurveda-herbal-remedy.com/indian-herbs/liquorice.htmlhttp://www.ayurveda-herbal-remedy.com/indian-herbs/moringa-oleifera.htmlhttp://www.ayurveda-herbal-remedy.com/indian-herbs/mucuna-pruriens.htmlhttp://www.ayurveda-herbal-remedy.com/indian-herbs/papaver-somniferum.htmlhttp://www.ayurveda-herbal-remedy.com/indian-herbs/podina.htmlhttp://www.ayurveda-herbal-remedy.com/indian-herbs/psyllium-husk.htmlhttp://www.ayurveda-herbal-remedy.com/indian-herbs/pterocarpus-marsupium.htmlhttp://www.ayurveda-herbal-remedy.com/indian-herbs/pterocarpus-marsupium.htmlhttp://www.ayurveda-herbal-remedy.com/indian-herbs/punica-granatum.htmlhttp://www.ayurveda-herbal-remedy.com/indian-herbs/quince.htmlhttp://www.ayurveda-herbal-remedy.com/indian-herbs/rhubarb.htmlhttp://www.ayurveda-herbal-remedy.com/indian-herbs/safed-musli.htmlhttp://www.ayurveda-herbal-remedy.com/indian-herbs/sarsaparilla.htmlhttp://www.ayurveda-herbal-remedy.com/indian-herbs/sida-cordifolia.htmlhttp://www.ayurveda-herbal-remedy.com/indian-herbs/syzygium-cumini.htmlhttp://www.ayurveda-herbal-remedy.com/indian-herbs/juglans-regia.htmlhttp://www.ayurveda-herbal-remedy.com/indian-herbs/terminalia-arjuna.htmlhttp://www.ayurveda-herbal-remedy.com/indian-herbs/terminalia-arjuna.htmlhttp://www.ayurveda-herbal-remedy.com/indian-herbs/terminalia-belerica.htmlhttp://www.ayurveda-herbal-remedy.com/indian-herbs/terminalia-chebula.htmlhttp://www.ayurveda-herbal-remedy.com/indian-herbs/terminalia-chebula.htmlhttp://www.ayurveda-herbal-remedy.com/indian-herbs/tinospora-cordifolia.htmlhttp://www.ayurveda-herbal-remedy.com/indian-herbs/tinospora-cordifolia.htmlhttp://www.ayurveda-herbal-remedy.com/indian-herbs/tribulus-terrestris.htmlhttp://www.ayurveda-herbal-remedy.com/indian-herbs/valeriana-wallichi.htmlhttp://www.ayurveda-herbal-remedy.com/indian-herbs/vinca-rosea.htmlhttp://www.ayurveda-herbal-remedy.com/indian-herbs/zingiber-officinalis.html8/9/2019 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HERBAL PRODUCTS
Ayurveda believes in natural treatment of diseases. As
such, all its medicines are obtained from plants or herbs
and can be designated as herbal products. These
products come in a variety of forms- essential oils, herbal
extracts, flavours, natural fragrance etc. Herbal extract is
a liquid solution prepared from herbs and alcohol. They
are alternative medicine popularly called tinctures by the
ayurveda professionals. The aromatic oils are used in
perfumery, cosmetics, flavoring of food, and in
aromatherapy to look beautiful, the natural way. They are
also used for massage, which is considered to be of
therapeutic effect by Ayurveda. Essential oils are the oils
extracted from the plants, used in perfumes, cosmetics
and bath products, for flavoring food and drink, and for
scenting incense and household cleaning products. Many
of the herbal products are obtained from commonly found
herbs like pudina and basil herb (tulsi) and are used as
home remedies for minor diseases.
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AYURVEDIC HOME REMEDIES:-Ayurvedic home remedies are a blend of commonly usedherbs and spices to cure common symptomsand diseases. To cure or prevent any ailment naturalherbs are taken in ayurveda as juices, paste, powder,infusion and decoctions etc. ayurveda also prescribessome exercises, massaging techniques, colors, aromas,gems and cleansing therapies as home remedies.
According to Ayurveda all the home remedies comprise of
mostly the things that have their usage in homes and
have multifarious medicinal usage also. Few such
substances are clove, cinnamon, black pepper, cumin,
fennel, rock salt, turmeric, coriander, ginger, honey,
licorice, garlic, onion, basil and mint.
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SWOT ANALYSIS OF AYURVEDIC AND HERBAL INDUSTRY.
STRENGTHS
1.Low cost of production
2. Large pool of installed capacities.
3. Efficient technologies for large no. of generics.
4. Large pool of skilled technical man power.
5. Increasing liberalization of government policies.
WEAKNESS
1. Fragmentation of installed capacities.
2. Low technology level of capital goods of this section.
3. Non -availability of major intermediaries for bulk
drugs.
4. Lack of experience to exploit efficiently the new
patent regime.
5.Very low key of R&D.
6. Low share of Indian in world pharmaceuticals
Production[1.2% of world production but having 16.1%
of worlds population.
7. Very low level of biotechnology in India and also for
new drug discovery system.
8. Lack of experience in international trade.
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OPPURTINITIES
1. Aging of the world population.2.Growing incomes.
3. Growing attention for health.
4. New diagnoses and new social diseases.
5. Spreading prophylactic approaches.
6. Saturation point of market is fat away.
7. New therapy approaches.
8. New delivery systems.
9. Spreading attitude for soft medication.
10. Globalization.
11. Easier international trading.
12. New markets are opening.
THREATS
1. Containment of using health care cost.
2. High cost of discovering new products and fewer
discoveries.3. Stricter registration procedure.
4. High entry cost in newer markets.
5. High cost of sales and marketing.
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6. Competition, particularly from generic products.
7. More potential new drugs and more efficient
therapies.
8. Switching over form process patent to product
patent.
GROWTH DRIVERS
1. Around 67 million Indians are expected to be above67 years of age by 2011.This age group spend
around 3 to 4 times more on days than those in
younger age groups
2. The changing lifestyles of the people will fuel the
growth of life style related diseases.
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MAJOR PLAYERS IN THE INDUSTRY
The big names in the ayurvedic drug industry are as follows
1. Himalaya and drug company
2. Dabur pharmaceuticals
3. Emami drug
4. Baidyanath Herbal
5. Pankajkasturi pharmaceuticals
6. Zandu pharmaceuticals
7. Amrutanjan chemicals
8. Bajaj consumer care etc
Some of the most commonly known Indian herbal brands are as
follows
1. Himalay
2. Dabur
3. Baijanaths
4. Zandu
5. Vicco
6. Colgate
7. Medimix
8. Bajaj
9. Emami
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OBJECTIVE AND METHODOLOGY
1. Objective of the study
This project aims at studying the system of performance appraisal
and its effectiveness in an organization. Performance appraisal is
the most significant and indispensable tool for the management
as it provide useful information for decision making in area of
promotion and compensation reviews.
Thus broad objectives of the study includes :
To know the present system of performance appraisal.
To know the extent of effectiveness of the appraisal system.
To identify and know the area for improvement system.
2. Methodology of the project
The project work has been carried out in three stages a structured
questionnaire with objective and question was communicated
tested and finalize. During the second stage, the questionnaire
was administered to the employees by contacting them. The work
related to data entry compilation, data analysis and report writing
constituted at the third stage. Interview index was also used at
some places to get the information on the project subject.
The details of the methodology adopted are presented below:
The Questionnaire
Keeping in view the objective of the study questionnaire was
designed and tested on few employees. After getting the proper
response and sanction from the concerned department the
questionnaire was finalized.
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Response to Questionnaire
In all 96 questionnaires were given to employees falling in the
category of supervisors and above. Out of which 48 could becollected back duly completed. The researcher individually
contacted the employees to get response on the questionnaire.
Data entry and analysis
It has been an uphill task to enter the enormous data received
through the questionnaire which consisted nearly 20 questions.
Response to the descriptive questions though which few but was
valuable for the purpose of study. Hence these were furtherstructured in time with system adopted for compilation and data
analysis.
Limitations
Many employees gave guarded answers to some crucial
questions.
Some of them did not fill the questionnaire due to lack of time.
Response could not be collected from the total sample selected.
Some of the questionnaire could not be completed due to reasons
other than time factor.
The confidentiality of the system created some problems in
getting information.
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PERFORMANCE APPRAISAL
Since organization exists to achieve goals, the degree of success
that individual employees have in reaching their individual goals
is important in determining industrial effectiveness. The
assessment of how success employees have been at meeting
their individual goals, therefore, becomes a critical path of HRM.
This leads as the topic of performance appraisal.
PURPOSE
There are basically three purposes to which performance
appraisal can be put.
First, it can be used as a basis for reward allocations.
Decisions as to who get salary increases, promotions, and
the other rewards are determine by their performanceevaluations.
Second, this appraisal can be used for identifying areas
where developments are needed. Management needed to
spot those individuals who have specific skill or knowledge
deficiencies. The performance appraisals is a major tool for
identifying these deficiencies.
Finally performance appraisal can be used as a criterionagainst which selection devices and development programs
are validated. It is one thing to say, for example, that our
selection process is successful in differentiating satisfactory
performers from unsatisfactory performers.
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THE APPRAISAL PROCESS
Established performance standard
Communicate performance expectations to employees
Measures actual performance
Compare actual performance with standards
Discuss the appraisals with the employees
If necessary, initiate the corrective action.
The appraisal process begins with the establishment of
performance standards. These should have evolved out of job
analysis and job descriptions discussed under the human resource
planning. These performance standards should also be clear and
objective enough to understood and measured. Too often, thesestandards are articulated in some such phrases as a full days
work or a good job. communication only takes place when the
transference has taken place and has been received and
understood by the subordinate.
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Therefore feedback is necessary from subordinate to the
manager. Satisfactory feedback censures that the information
communicated by the manager has been received and
understood in the way it was intended.
The third step in the appraisal in the measurement of
performance. To determine What actual performance is, it is
necessary to acquire information about it. We should be concern
with how we measure and what we measure.
What we measure is more critical to the evaluation process
than how we measure, since the selection of wrong criteria can
result in serious dysfunctional consequences. And what we
measures determines, to a great extent, what people in theorganization will attempt to excel at.
One of the most challenging facing manager is to present an
accurate appraisal to the subordinate and then have the
subordinate accept the appraisal in the constructive manner.
Appraising performance touches one of the most emotionally
charged activities the assessment of the other individuals
contribution and ability. The impression that sub coordinates
receive about there assessment has a strong impact on there self
esteem and, very important, on there subsequent performance.
The final step in the appraisal in the initiation of corrective action
when necessary . Corrective action can, be of two types. One is
immediate and deals predominantly with symptoms. The other is
basic and delves into causes. Immediate corrective action often
described as putting out fires where as basic corrective action
gets to the source of deviation and seeks to adjust the differencepermanently.
Immediate action corrects something right now and gets things
back on track.
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PERFORMANCE APPRAISAL IN AYURVEDIC AND HERBAL
INDUSTRY
Outcome of performance appraisal
a)Outstanding :- If the performance evaluated by the management turns
out to be outstanding. If the employee performs in such away as to
collect 3 consecutives outstanding performance in to his/her credit)
he/she gets promoted.
b) Excellent :- If the performance evaluated by the management
turns out to be excellent. If the employee performs in such away as to
collect 3 consecutives excellent performance in to his/her credit,
he/she gets promoted.
c) Good :- If the performance evaluated by the management turns out to
be good. The management sends the employee to the training
program to improve his/her skill to perform form.
d)Below average:- If the performance evaluated by the management
turns out to be below average. And, if the employee collect 3 below
average to his/her credit, he/she gets dismissed.
Duration Of Appraisal System
The time constraints enables the employee to show or project his/her
capabilities in turn of performance as per the duration allowed. In
ayurvedic and herbal industry performance appraisal system is carried
out annually.
Feedback
The industries provides the annual feedback to its employees and
thus, in term bring out the highlight of the self assessment program.
This enables the better communication between the management and
employees and thus helps in promoting the business future.
Response
There are mixed responses from the feedback by the employees. It
has helped some of the employees in motivating themselves while
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those who felt bad were thoroughly communicated and all the
confusion and failure part were discussed with employees.
ANALYSIS AND INTERPRETATION OF DATA
After collecting the data on performance appraisal system
data was analyzed and interpreted. The various topics
covered for analysis and interpretation of data are:-
1. promotions
A promotion may be defined as an upward advancement of
an employee in an organization to another job, whichcommands better pay/wages, better status/prestige and
higher opportunities and challenges and responsibility, and
better working environment, hours of work and facilities etc.
Promoters have a salutary effect on the satisfaction of the
promoted persons need for esteem, belonging and security.
They also afford an opportunity for greater self actualizing
action through more varied and challenging assignments.
The promotion policies differ from an organization to
another.
The guidelines for departmental promotion in are same for
male and female employees. The period of experience
required for filling a higher post departmentally varies from
3-5 years. 5 years experience from promotion to managerial
staff and 3 years experience for promotion to junior
management is needed.Respondents were asked whether the promotion is well
defined in the organizations. The responses are given
below:
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From the table it can
be see that 30% agree that promotion are well defined in the
organization. However 54% were not able to say it as there is lack of
information about the performance policy. Every employee need to be
communicated about the existing promotion policy.
Respondent were also asked to suggest any change in the policy. The
responses were as given below:
ResponseNumber
Percentage
Merit not recognized 20 20.83
Does not define career plan 26 16.66
not integrated with business 0 0heterogeneity within policy fordifferentposition 56 58.83
26
respons
e number
percentag
eyes 16 16.66
no 52 54.16cant'say 28 29.16
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Majority suggested for no change in the policy. It seems they are
satisfied with the current policy.
CAREER PROGRESS
Career progress is something which is continuous, with the input from
organization in terms of training, feedback and counseling. In todays
changing scenario this has to be followed in every organization so that
an individual make progress in the career adding value to himself andorganization. Respondent were asked about the current system
helping in there career progress.
Career advancement is the most motivating factor when employee
aspires for the advancement for his career for better opportunities to
use his/ her talents. From the organizations point of view, it is
necessary to develop in manager. Some expectations of opportunities
for the future in order to keep there motivation high. Career planning
means helping the employee plans his career in terms of his
capabilities with the context or organizational needs. Individual, afterbecoming aware of his/her capabilities and career development
opportunities choose to develop himself / herself in a direction that
improves his/her chances of being able to handle new responsibilities.
It is also the responsibility of the employer to help him/her to identify
the career opportunity, make choices and develop his/her career and
provide opportunities for career planning and succession planning.
Questions asked were as follows:
Are the issues like career planning and succession planning a part of
industrys policy?
The responses to the above are as given below:
Response
number
percentage
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yes 16 16.66
no 44 45.83can'tsay 36 37.5
Here only 46% of the respondent gave response that it does not while
38% gave response that there is no career development plan at all.
Feedback
Providing feedback plays a constructive role. It helps the employee to
know his/her weakness and strengths. Feedback provides for the area
of improvement.
Respondent were asked about the frequency of feedback based on
there performance. The responses were given as below:
Response NumberPercentage
Rarely 24 25On a fewoccasion 40 41.66
Sometimes 24 25
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Often 8 8.34
Almost always 0 0
41% responded that feedback is provided through on a few occasion.
The frequency has to increase both from the individual andorganization point of view to keep the individual motivated for work in
line with the organizational expectation.
Remedial measure
Based on the performance the remedial measures are taken to do away withweakness if any and build on the strength and add to the existing capability
Response on the remedial measure was as given below:
ResponseNumber
Percentage
Job rotation 44 45.83sending totraining program 40 41.66
Counseled 12 12.5
Any other 0 0None 0 0
Here the responses were both for job rotation and training program. During
the course it was felt that more training input is provided to the employee to
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overcome the weakness and improve upon the existing capability of the
employee.
PROMOTIONAL POLICY AND PERFORMANCE APRAISAL
APPRAISAL SYSTEM
Respondent were asked whether the promotional policy is linked with the
performance appraisal system.
The responses were as given below:
Respo
nse
Numb
er
Percent
age Yes 54 56.25
No 28 29.15Can'tsay 14 14.58
Majority response were that promotional policy is linked with the
performance appraisal system.
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CONCLUSIONS AND SUGESSIONS
Conclusions
The analysis and interpretations on data of study and performance
appraisal and its effectiveness in an industry led to the followingconclusions:
The promotion rule through defined need to be communicated to
every employee before appraisal process is done and also
justifies the promotion as a result of the appraisal. That the
promotion policy followed differs at different position and
category. Uniformity has to be there in the implementation of the
promotion policy at all levels.
The appraisal outcome has to be used frequently for the purpose
of reward on performing well together with the feedback on the
performance. Also when performance goes down the employee
has to be given feedback and motivated to do better.
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The industry at present doesnt lie career planning and career
suggestion plans.
Performance appraisal in ayurvedic & herbal industry is done on
an annual basis.
More emphasis on training and job rotation as remedial
measures.
The mechanism of counseling pre performance and post
performance is not at practice at the industry in strict term.
During the course of study suggestion came from the employee
side for the need of counseling.
Suggestions
The study under taken brings some interesting result.
Training the appraiser: It is proposed the appraiser be trained for clear
understanding of the system and its objective and also counseled to be
honest, fair, just, unbiased in appraising the appraisal.
Factors/traits of evaluation: It is proposed that appraisal evaluated on
above factors/traits be given suitable remark or justification for being
given different quantitative grade.
Greater clarity has to be has to there in terms of job responsibility. This
is possible when the appraisal is done on the basis of description.
In the industry performance appraisal is done on an annual basis which
should be done quarterly to make it more effective.
Consistency is demanded in the promotional policy. It should not
change every year.
Monetary deference between two grades should not be large it should
be motivating in nature.
Performance appraisal system should be made more transparent and
rationale.
Performance feedback: The performance feedback sessions should be
improved which would result in increasing employee motivation to
improve performance. The following could be incorporated.
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Pin point the problem behaviors and make sure the employee is
aware of it.
Make sure the employee understands the consequences of the
problem behaviors. Get employee commitment to change and
make sure he cares about the change.
Assistance should be provided to improve poor performance.
Make a realistic plan appropriate to the behavior and set a time
frame for improvement.
To make sure to review performance time to time.
The other change which has to be incorporated at the supervisor
and the level above are:
These should be listing down of task undertaken during the last one
year and the result achieved.
In some areas of performance there should be self appraisal and more
and more counseling so that employee improves upon weak area and
understands what is expected of him/her at the industrial level.
Based on the above an open appraisal system is suggested.
In an open appraisal the employee would come together to set the targets,
to understand the mutual expectations and support to be provided by theappraiser to the employee for achieving mutual accepted goals/targets.
Through this process of setting targets the interpersonal relationship
between the appraiser and employee would improve.
The open appraisal system reduces the whims and fancies of the appraiser.
It promotes result orientation as it is based on performance rather than on
personality based appraisal.
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An nexure
a)Questionnaire
b)Bibliography
QUESTIONNAIRE
TO STUDY PERFORMANCE APPRAISAL SYSTEM
Q1. Is the promotional policy well defined in your industry?
a. Yes b. No c. Cant say
Q2. Do you know the objectives of the performance appraisal system .if
yes kindly specify?
Q3. How often the performance appraisal form is filled or performance
appraisal is done
a. Fortnightly b. monthly c. six-monthly d. annually e. not
fixed
Q4. On what basis is the performance appraisal done.
a. merit cum seniority b. seniority cum merit c. merit only
d. seniority only
Q5. Who appraises you ?
a. appraisal committee b. Your immediate supervisor c. self
appraisal d.360 degree appraisal e. any other please
specify
Q6. What methods or used for performance appraisal
a. forced choice distribution method b. essay method c.
ranking method
d. critical incident method e. any other please specify
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Q7. In your opinion does it identify the training needs
a. to a large extent b. to some extent c. cant say d.
not at all
Q8. If the promotional policy linked with the performance appraisal
system
a. yes b. no c. cant say
Q9. Are the issues the carrier planning and succession planning a part of
industrys policy?
a. yes b. no c. cant say
Q10. Does the system help you in aligning your goals with that of the
industry?
a. yes b. no c. cant say
Q11. Are you a part of the appraisal committee
a. yes b. no c. cant say
Q12. Do the employees get the feed back of the performance appraisal
a. yes, every time b. often but not always c. only when
required d. rarely e. never
Q13. Does the industry provide counseling after the appraisal.
a. always b. often c. rarely d. never e.
cant say
Q14. Who does the counseling
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a. trained professionals b. un trained counselors c. cant
say
Q15. What kind of remedial measure are taken
a. job rotation b. sent to trained programs c.
counseled
d. any other please specify
Q16. How do you date overall assessment of performance appraisal.
a. Outstanding b. Very good c. Good d. Satisfactory e.
Poor
Q17. What do you feel are the positives in the performance appraisal
system in your industry, kindly mention?
Q18. What do you feel are the short comings of the performance appraisal
system being follow in your industry, kindly mention
Q19. For how long have you been working in the industry?
Q20. Suggestions towards improving the performance appraisal in your
industry
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BIBLIOGRAPHY
WEBSITES- SURFED
www.google.com
www.indiatimes.com
www.msn.com
http://www.google.com/http://www.indiatimes.com/http://www.msn.com/http://www.google.com/http://www.indiatimes.com/http://www.msn.com/