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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.html
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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/