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A REPORT ON

                    Performance appraisal

                             For

                    Comprehensive Project

                         Submitted to

        INDUKAKA IPCOWALA INSTITUTE OF MANAGEMENT (I2IM)

    CHAROTAR UNIVERSITY OF SCIENCE AND TECHNOLOGY (CHARUSAT)

                           CHANGA

                         Prepared by

                       PATEL HARDIK

                      ID No.: 11MBA108

                      M.B.A. Second Year

                    Under the Guidance of

                        Mr. Arpit Patel




    INDUKAKA IPCOWALA INSTITUTE OF MANAGEMENT (I2IM)

CHAROTAR UNIVERSITY OF SCIENCE AND TECHNOLOGY (CHARUSAT)

     AT. & PO. CHANGA – 388 421 TA: PETLAD DIST. ANAND, GUJARAT

                         August 2012
CHAROTAR UNIVERSITY OF SCIENCE AND TECHNOLOGY
                           (CHARUSAT)

   INDUKAKA IPCOWALA INSTITUTE OF MANAGEMENT (I2IM)

                       MBA PROGRAMME

                          BATCH 2011-13

                          CERTIFICATE



This is to certify that this report „Performance Appraisal‟ is the bona fide
work of Hardik Patel student of Second Year of MBA Programme (2011-
2013) at “Pump Industry” submitted to INDUKAKA IPCOWALA
INSTITUTE OF MANAGEMENT, CHANGA in partial fulfillment of their
academic requirement of the MBA PROGRAMME.




(Mr. Arpit Patel)                                       Dr. Govind Dave

Project Guide                                             Principal




Date:

Place: Changa
DECLARATION
        I, Hardik Patel, student of two year MBA programme at Indukaka Ipcowala
Institute of Management hereby declare that the report on comprehensive project and
project work entitled “Performance Appraisal” at Pump Industry is the result of my own
work. I also acknowledge the other work cited in the report.




Place: Changa

Date:                                                    Hardik Patel
Index
Sr. No                          Particular                  Page
                                                            No:
                Certificate (By Organization)
                Certificate (By Faculty)
                Student‟s declaration
                Acknowledgment
                Executive summary
                                  PART: 1
     1.         Organization Profile                        1
          1.1     Introduction of Pump Industry             2
          1.2     Growth of Pump Industry                   3
          1.3      Drivers of pump development              4
          1.4      Applications of pumps                    4
          1.5      SWOT Analysis of Pump Industry           4
          1.6      Introduction of organization
                                                            9
                    1.6.1    History
                    1.6.2    Vision, Mission & Values       9
                                                            9
                    1.6.3    Company Profile
                    1.6.4    Company Pumps Products         12
                                                            13
                    1.6.5    Products’ use
                    1.6.6    Organization Structure         14
     2.          Functional Area
          2.      Markets & Marketing                       15

                     2.1    Market Segmentation             15
                     2.2    Distribution Channel            16
                     2.3    Advertising                     16
                     2.4    Duke Client                     18
                     2.4    Competitors                     18

     3          Production Department
          3.       Function of production department        19
                      A. The Production and planning
                      B. The Purchasing Department.
                      C. The Store Department.
                      D. The Design and technical support
department.
               E. The Works Department
              3.1      Quality Policy
              3.2      Production Process
4           Human Resource Management

               4.1     Introduction                21
               4.2     Organization Chart of HRD   22
               4.3     Recruitment & Selection     23
               4.4     Training & Development      24
               4.5     Wages and Salary            25
5           Finance
                5.1    Current Ratio               26
                                                   27
                5.2    Liquidity Ratio
                                                   28
                5.3    Acid Test Ratio             29
                5.4    Creditors Turnover Ratio
            Part 2
    6.1     PERFORMANCE APPRAISAL                  30
            LEVEL AT DUKE
    6.2     Understanding Performance              32
            Management
    6.3     Appraisal of performance should be     32
            graded to
    6.3     Process of performance appraisal       33
    6.4     Method of performance appraisal        33
    6.4.1   Traditional method                     33
    6.4.2   Modern method                          34
    6.5     Research Methodology                   38
    6.5.1   Literature review                      38
    6.5.2   Data collection                        40
    6.6     Case Study                             41
    6.6.1   ITC Maurya                             41
    6.6.2   Xerox old performance appraisal        42
            system
    6.6.3   Mc Docnal                              43
    6.6.4   KFC performance appraisal system       44
    6.6.5   Poor performance                       46
    6.6.6   Analysis                               47
    6.6.7   Suggestion                             48
    7       Conclusion                             49
    8       References                             50

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11 mba108

  • 1. A REPORT ON Performance appraisal For Comprehensive Project Submitted to INDUKAKA IPCOWALA INSTITUTE OF MANAGEMENT (I2IM) CHAROTAR UNIVERSITY OF SCIENCE AND TECHNOLOGY (CHARUSAT) CHANGA Prepared by PATEL HARDIK ID No.: 11MBA108 M.B.A. Second Year Under the Guidance of Mr. Arpit Patel INDUKAKA IPCOWALA INSTITUTE OF MANAGEMENT (I2IM) CHAROTAR UNIVERSITY OF SCIENCE AND TECHNOLOGY (CHARUSAT) AT. & PO. CHANGA – 388 421 TA: PETLAD DIST. ANAND, GUJARAT August 2012
  • 2. CHAROTAR UNIVERSITY OF SCIENCE AND TECHNOLOGY (CHARUSAT) INDUKAKA IPCOWALA INSTITUTE OF MANAGEMENT (I2IM) MBA PROGRAMME BATCH 2011-13 CERTIFICATE This is to certify that this report „Performance Appraisal‟ is the bona fide work of Hardik Patel student of Second Year of MBA Programme (2011- 2013) at “Pump Industry” submitted to INDUKAKA IPCOWALA INSTITUTE OF MANAGEMENT, CHANGA in partial fulfillment of their academic requirement of the MBA PROGRAMME. (Mr. Arpit Patel) Dr. Govind Dave Project Guide Principal Date: Place: Changa
  • 3. DECLARATION I, Hardik Patel, student of two year MBA programme at Indukaka Ipcowala Institute of Management hereby declare that the report on comprehensive project and project work entitled “Performance Appraisal” at Pump Industry is the result of my own work. I also acknowledge the other work cited in the report. Place: Changa Date: Hardik Patel
  • 4. Index Sr. No Particular Page No: Certificate (By Organization) Certificate (By Faculty) Student‟s declaration Acknowledgment Executive summary PART: 1 1. Organization Profile 1 1.1 Introduction of Pump Industry 2 1.2 Growth of Pump Industry 3 1.3 Drivers of pump development 4 1.4 Applications of pumps 4 1.5 SWOT Analysis of Pump Industry 4 1.6 Introduction of organization 9 1.6.1 History 1.6.2 Vision, Mission & Values 9 9 1.6.3 Company Profile 1.6.4 Company Pumps Products 12 13 1.6.5 Products’ use 1.6.6 Organization Structure 14 2. Functional Area 2. Markets & Marketing 15 2.1 Market Segmentation 15 2.2 Distribution Channel 16 2.3 Advertising 16 2.4 Duke Client 18 2.4 Competitors 18 3 Production Department 3. Function of production department 19 A. The Production and planning B. The Purchasing Department. C. The Store Department. D. The Design and technical support
  • 5. department. E. The Works Department 3.1 Quality Policy 3.2 Production Process 4 Human Resource Management 4.1 Introduction 21 4.2 Organization Chart of HRD 22 4.3 Recruitment & Selection 23 4.4 Training & Development 24 4.5 Wages and Salary 25 5 Finance 5.1 Current Ratio 26 27 5.2 Liquidity Ratio 28 5.3 Acid Test Ratio 29 5.4 Creditors Turnover Ratio Part 2 6.1 PERFORMANCE APPRAISAL 30 LEVEL AT DUKE 6.2 Understanding Performance 32 Management 6.3 Appraisal of performance should be 32 graded to 6.3 Process of performance appraisal 33 6.4 Method of performance appraisal 33 6.4.1 Traditional method 33 6.4.2 Modern method 34 6.5 Research Methodology 38 6.5.1 Literature review 38 6.5.2 Data collection 40 6.6 Case Study 41 6.6.1 ITC Maurya 41 6.6.2 Xerox old performance appraisal 42 system 6.6.3 Mc Docnal 43 6.6.4 KFC performance appraisal system 44 6.6.5 Poor performance 46 6.6.6 Analysis 47 6.6.7 Suggestion 48 7 Conclusion 49 8 References 50