Performance Appraisal Essays

Performance Appraisal Essays Performance Appraisal Essay Performance Appraisal Essay TRAINING PROJECT REPORT ON â€Å"To Analyze the Present PERFORMANCE APPRAISAL AT NTPC, ANTA† A Training Project Report Submitted in partial fulfillment of the requirements for the Award of the PGDM Academic Session 2010-2011 SUMITTED BY- SUMITTED TO- NEHA GUPTA CHETNA MAM PGDM [HR] MAHARISHI ARVIND INTERNATIONAL INSTITUTE OF MANAGEMENT, KOTA. Approved by AICTE, Ministry of HRD, Govt. of India) CERTIFICATE This is to certify that Ms Neha Gupta a student of PGDM III semester at Maharishi Arvind International Institute of Management has completed Training Project entitled â€Å"To analyze the present performance appraisal at NTPC†. This project has been completed after studying for one year in PGDM course and for partially fulfilling the requirements for award of PGDM. The Major Research Project has been conducted under the guidance of â€Å"Mrs. Chetna Mangal† of MAIIM and is as per norms. Director: Academic Guide: Dr. Payal Uppadhay Mrs. Chetna Mangal CERTIFICATE This is to certify that Ms. Neha Gupta student of PGDM III semester at Maharishi Arvind International Institute of Management has submitted Training Project Report entitled â€Å"To analyze the present performance appraisal at NTPC†. This project has been completed after studying for one year in PGDM course and for partially fulfilling the requirements for award of PGDM. The Training Project Report has been evaluated and viva-voce conducted by the undersigned panel of examiners. The project has been found satisfactory/unsatisfactory and is recommended/not recommended for acceptance. Prof. Prof. Internal Examiner External Examiner DECLARATION I hereby declared that the Research Project titled â€Å"PERFORMANCE APPRAISAL SYSTEM IN NATIONAL THERMAL POWER COOPERATION LMTD ANTA [KOTA] an original work of mine carried out under the guidance of Mr. Ananth Jaganaath (Senior HR Officer) during my survey period. The project was spread over a period of 6 weeks i. e. 26-05-2011 to 07-07-2011 and was carried out for the same period. NEHA GUPTA MAIIM Kota (raj. ) ACKNOWLEDGEMENT The Summer Internship at â€Å"NTPC, Anta† has been a Quantum leap in terms of practical apprehension understanding of management concepts, sincerity, diligence, and responsibility and above all self-confidence. In particular, I would like to extend my heartfelt gratitude to â€Å"Ms. Ananth jagannath (Sn. HR officer) NTPC,Anta† who gave me the opportunity to do my summer training in NTPC,Anta without his facilitation and cooperation, this project would not be so fulfilling. I would like to take this opportunity to thank my project guide Mr. Ananth jagannath (senior hr officer) for his guidance and for keeping me on track through his expertise in the field of Human Resource. I am also grateful to respected Mr. Anil Gupta (Hr Officer) for their valuable guidance to me regarding my training. I am also very grateful to all of the employees of NTPC, Anta without their cooperation I think I would not be able to learn. At the onset, I would like to thank Mr. Payal Upadhay (Deputy Director, Maharishi Arvind International Institute of Management, Kota, and Rajasthan) for giving me the opportunity to gain vital insights into the corporate world. I would like to acknowledge Mrs. Chetna Mangal (project guide) the entire esteemed faculty at MAIIM (Mrs. Shilpa Sharma, Miss Gazal Yadav, Mrs. Anju Ghosh Mr. Rupesh Garg) Kota for providing me with the required theoretical background to approach the project. However, I accept the sole responsibility for any possible error of omission and would be extremely grateful to the readers of this project report if they bring such mistakes to my notice Neha Gupta Maharishi Arvind International Institute of Management Kota, Rajasthan PREFACE To survive, thrive beat the competition in today’s brutally competitive world one has to manage the future. Managing the future means managing information. What we learned in post graduate in business management classroom study is no doubt quite important for gaining theoretical knowledge, but practical training is equally important for student, who wants to provide himself with the real working environment in any field of study. Practical training provides an opportunity to the theoretical knowledge being applied in practice. Hence it acts as a bridge between the education and practical environment. This report is prepared to study the â€Å"Performance appraisal at NTPC, Anta, kota. In the present era it is becoming the backbone of every concern. Neha Gupta MAIIM Kota (raj. ) EXECUTIVE SUMMARY In my project, entitled-â€Å"To analyze the present performance appraisal system of National Thermal Power Corporation Ltd. , I have studied the present appraisal system of NTPC by analyzing the details of the appraisal system, articulate the organizational, functional, departmental individual objectives , factors in business dynamics to grade employees on objectives transparent productivity parameters, self appraisal followed by reporting officer higher authority’s assessment , link between rewards and performance to increase motivation level of employees , assessment of training developmental needs of the individuals and make them aware about the parameters used to evaluate their performance. In my own style, I have tried to find out whether the present appraisal system is effective enough to serve the purpose of performance appraisal i. e. to understand the needs of employees and provide them formal regular feedback related to their performance. For this purpose, I used questionnaires to get the opinions of employees at different levels. I also went through different books, websites and magazines to gather material related to the topic. After collecting the information, I analyzed the data and provide the necessary suggestions to improve the system. CONTENTS Title Page No. 1. Certificateii-iii 2. Decelerationiv 3. Acknowledgementv-vi 4. Preface vii 5. Executive Summary viii 6. Contents ix CHAPTER-I -COMPANY PROFILE * History 2 * About NTPC3 * Vision and Mission Statement 3 * About the company 4-8 * Organization structure of NTPC 9 CHAPTER-II-PROJECT PROFILE 10 * Conceptual framework 11-22 * Objectives of PA 23-24 * Procedure of PA 25-29 CHAPTER III RESEARCH METHODOLOGY 30 * Research objective 31 * Research Methodology 32-33 * Data Collection Method 34 * SWOT Analysis 35-36 CHAPTERIV-DATA AND INTERPRETATION 37 Result and Discussion 38 * Interpretation –I 39 * Interpretation –II 40 * Interpretation –III 41 * Interpretation –IV 42 * Interpretation –V 43 * Interpretation –VI 44 * Interpretation –VII 45 * Interpretation –VIII 46 CHAPTERV-FINDINGS AND CONCLUSION 47 * Findings 48 * Limitations 49 CHAPTERVI-RECOMMENDATIONS 50 * Bibliography 51