Professional Documents
Culture Documents
ON
“PERFORMANCE APPRAISAL”
AT
THOMSON PRESS (INDIA) LTD.
Partial Fulfillment of
1
ACKNOWLEDGEMENT
At the outset would like to thank the management of THOMSON
PRESS (INDIA) LIMITED for the wholehearted cooperation and
guidance extended by them, which made my summer training
project possible.
I am very grateful to my project guide Mr.Mahender choudhary for
his support and suggestions, which led to the completion of this
project.
I would also like to thank Mr. Akhter, Mr. RC Sherma, Mr MD
Shukla and other staff members for their support and cooperation.
Finally a special thanks to Mr. Anil Mehra(Finance Head, TP),
Mr.AKHTER (H.R.Manager) for providing me this opportunity to
carry out the project.
Name: Sudhir Singh
Date:
Place: Faridabad.
2
STUDENT DECLRATION
This is Sudhir Singh student of Master of Business Administration
(IB) hereby declare that the dissertation/thesis entitled “to prepare
the requirement and affects of the Performance Appraisal in the
HR position of the THOMPSAN PRESS (India) Limited (TP).
Submitted in the fulfillment of the project report; is my original
work and is not submitted for the any other degree, fellowship or
similar title or prize.
Place:
Date:
3
INDEX
1. COMPANY PROFILE
2. REVIEW OF LITERATURE
4. EXISTING SYSTEM
INTERPRETATION
6. SUGGESTION, RECOMMENDATION
AND CONCLUSION
7. ANNEXURE
4
5
Founded in 1967 by Lord Thomson of Fleet, Founder of
Thomson Corporation (one of the biggest publishers in the
world), in partnership with current owners who are now the
majority shareholders. It was initially involved in the
distribution of publications of a large number of overseas
publishers, and printing of children's books for export. In 1974 the
focus shifted to printing of the group's prestigious publication India
Today. As of date apart from a number of prestigious magazines
printed for various publishing houses, Thomson Press also prints
high quality commercial POS items and books for the domestic and
export markets.
Each of our five printing units and two Repro units has developed its
own unique strengths and areas of expertise, providing our customers
with a strong support structure across an extensive range of printing
services.
Absolute commitment to quality, meticulous attention to detail and
unparalleled level of service have made Thomson Press a leading
specialist in Design, Prepress, Printing and distribution services. As
a company we are committed to employing dedicated staff, investing
in the very best technology available and maintaining a close
involvement with the industry.
Thomson Press Printing Division comprises of one Prepress and two
Printing units in Delhi, one printing unit in Chennai and one printing
& Book Bindery unit in Delhi exclusively for exports. Recently we
have opened our fourth printing unit in Mumbai, the port city of
India.
Thomson Press has always been a frontrunner in introducing the
latest printing technology in India
6
CTP.
The product range covers virtually all commercial print requirements
on paper and board, from bank instruments, to calendars, diaries,
books, corporate brochures, posters, folders, leaflets, and magazines.
This range of services and products covers designing, copy editing,
typesetting, high quality scanning and image manipulation, sheet fed
offset printing, heatset and coldset web offset printing, automated
binding, finishing, distribution and mailing services.
Customer service is taken care of by our wide network of sales
offices in Delhi, Mumbai, Kolkata, Bangalore and overseas in New
York and London.
7
Thomson press is the largest integrated printing press in India and
includes all services ranging from printing, publishing to digital data
processing. Company was incorporated in 1964 with equity
partnership from Thomson group based Canada. It commenced its
commercial operation in 1967. Dr. Zakir Hussain inaugurated the
parent plant located at Faridabad, in 1967.
8
OVERVIEW OF THE THOMSON PRESS:
9
The company has achieved national and international recognition for
delivery of high quality printed material by Stringent measures of on-
line quality control on purchasing, vendor and process controlled
production facilities with an eye for quality where the service is
customer driven.
The company has job work of printing magazines like India Today,
Business Today, computer Today, Reader’s Digest, First city, Down
to Earth, Travel Trends and many more Periodicals which include
most of the domestic and international Airline in-flight magazines.
It also produces large number of multicolored posters, Brochures,
Leaflets, Press campaigns, Annual Reports, Company Manuals,
Calendars, Diaries, Bibles, Bound Books.
10
• To maintain and be the acknowledged leader in
conscience framework
standards
11
To recognize the customer's right to Quality, Services, Timely Delivery
and Cost
To ensure maximum satisfaction to the clients
To continue to maintain ethical practices, legal, social, personal
conscience framework
To encourage individual growth to fullest potential
To maintain high degree of efficiency and attain international standards
Quality through people and technology
12
OUR TEAM
13
civilian honours from the President of India in 2001.
14
As CEO of Thomson Press including its digital
operations, Vinod Kumar looks after all its
investment centres located in Delhi, Faridabad,
Noida,Chennai,Mumbai and Mauritius. He has
been with the company for the last 21 years and
has been the architect of the various diversification
and expansion plans. Vinod Kumar
Earlier he had a long stint at Metal Box, a premier Executive Director
packaging company in India as Corporate Head of Finance and was
also responsible for Independent Investment Centres including its paper
and plastics division.
His experience of over 40 years in printing and finance offers a wealth
of guidance to all team members. He has been instrumental in the
company achieving a reputation in the market as a quality printing and
high-end typesetting service provider.
A Chartered Accountant by qualification, he is an associated member of
the Institute of Chartered Accountants , India and also holds a masters
degree in Finance Management from Jamnalal Bajaj Institute of
Management, Bombay.
15
of the India Today Group as well as Managing Director of Living
Media India Limited and has been associated with the Group for 35
years.he has considerable expertise in the printing and multimedia
industry.
Anil Mehra
Chief Financial
Officer
16
C J Jassawala
Chief Operating
Officer
C J Jassawala joined Thomson Press, Print Business as Chief
Operating Officer in December 2006.
He did his post graduation in Human Resource Management from
XLRI, Jamshedpur and was selected to join the Tata Administrative
Services. There after, he worked for 23 years with Voltas (A Tata
Group Company) culminating in his last assignment there as Vice
President - Operations and Business Head. He carries a wide experience
in leadership, team building, turnaround management and business
excellence.
As COO, C J Jassawala is responsible for print operations across 5 units
in the country and offices abroad.
17
NATIONAL AWARDS
Award Name :
National Award for Excellence in Printing by all India
Federation of Master Printers
Position : 2nd
Year : 2002
Topic :Group - Offset Category - Book - Technical/ Medical
Award Name :
Special Export Award by CAPEXIL
Year : 2000 - 2001
Topic : Books
Award Name :
Special Export Award by CAPEXIL
Year : 1996-97, 1997-98
Topic : Typesetting
18
Award Sappi Trading Printer of the
Name : years - Gold
Year : 2007
Topic : Printer's own Promotion
19
Award Sappi Trading Printer of the
Name : years - Bronze
Year : 2007
Topic : Catalogues
Award Xerox
Name :
Year : 2007
Topic :
Award Xerox
Name :
Year : 2007
Topic :
20
Manufacturing Locations
Delhi
• Sheetfed and web offset printing Division (North)
Noida
21
Export Data Processing Division
Chennai
22
The product range covers:-
Virtually all commercial print requirements on paper and board
Bank instruments
Calendars
Diaries
Books
Corporate brochures
Posters
Folders
Leaflets
Magazines
23
Editing
Typesetting
High quality scanning and image manipulation
SheetFed Offset Printing
Heatset and Coldset Web Offset Printing
Automated Binding
Finishing
Distribution and Mailing Services
Thomson Press provides a complete service for mailing and
fulfillment, managing every aspect of the delivery service as required
by our customers. A number of options are available from complex
multiple personalised inserts to the largest campaign and launch
mailings.
We aim to offer the most comprehensive print management service
available. And that doesn't just mean we'll take the best possible care
of you.
For us, building close working relationships with customers goes
much further. Whatever the project, listening to our customers'
requirements and coming up with bright ideas and practical
suggestions to achieve a better result more cost-effectively is all part
of the service we provide.
24
SERVICES AT THOMSON PRESS
25
mailings. We aim to offer the most comprehensive print
management service available. And that doesn't just mean
we'll take the best possible care of you. For us, building
close working relationships with customers goes much
further. Whatever the project, listening to our customers'
requirements and coming up with bright ideas and practical
suggestions to achieve a better result more cost-effectively
is all part of the service we provide.
26
Prepress Strength
Scanners
A high-end drum scanner - S3900 Hell from Heidelberg and
Screen SG8060P MarkII from Dai Nippon Printing to obtain
higher degree of colour accuracy and precision.
Front End
27
High end Macs and PCs with original softwares of latest
versions. Most of the Macs are equipped with 1GB RAM and
60GB HDD, where PCs are having 512 MB RAM and 40GB
HDD.
Electronic Imposition
Preps software and Brisque RIP workflow used to impose the
digital files through software as per job planning and producing
single flat as output, resulting in accuracy, swift work and client
satisfaction.
CTP
From Dainippon Screen (Model No. PTR 8600). Capacity: 20
Thermal Plates per hour
Digital Proofing
We are equipped with EPSON 5000, 7000 & 9000 Digital
Proofers. All proofers are capable to print with resolution of
1440 dpi. These machines are calibrated with our printing
standard.
28
Renderview Remote Proofing
A time-saving, interactive service for clients to amend or
approve proofs even from their own locations, through the
internet. This unique feature is backed by high-resolution
viewing, proofing, high speed and anytime access.
Cip 3
A digital ink management software, supplying digital ink
profiles to the printing press, cutting down make-ready time.
Proofing
Battery of flatbed machines for wet proofing.
29
flexibility to offer the most cost effective and efficient printing
solutions to meet all your needs.
Press Strength
Press Facilities
Sheetfed Presses
The sheet-fed press prints on individual sheets of paper, as opposed
to continuous rolls of paper used on web presses. A sheet-fed press
may consist of multiple print units that each print a different color of
ink. Sheet-fed presses come in different sizes.
Web Presses
Web printing doesn't use sheets of paper. Instead, large rolls of paper
are fed through a printing press. Generally only economic for large
30
print runs.
31
• Committing Suppliers to continually work on
Defect Prevention
By Setting Standard:
Standard has been set as per the ISO 9001-2000 international Quality
System and has been certified from BSI India Pvt. Ltd. The standard
is being revised from time to time whenever there is some
improvement or modification in the system.
32
the compliance of the standard.
Defect Detection
By gathering data constantly on occurrence of defect:
Every job undergoes thorough inspection by QA before dispatch as
per the inspection plan & defect checklist.
PRODUCTS
Trade & Reference Books
- Monochrome and multicolor
- Coffee Table and Art Books
- Children Books
33
Dated Products
- Diaries / Journals / Agenda
- Calendars
Annual Reports
34
Trade & Reference
Books
T
op
35
-
M- Coffee Table and
o Art Books
n
o
c
h
r
o
m
e
T
a op
n
d - Children Books
m
u
l
t
i
c
o
l
o
r
Thin Paper
Products
» Religious
Literature
36
» Dictionaries
» Directories
Dated Products
- Diaries /
Journals / Agenda
- Calendars
Magazines And
Periodicals
Annual Reports
Commercial &
Publicity
Materials
- Brochures and
Catalogs
- Pamphlets and
Posters
- Advertisements
37
38
39
40
INTERNATIONAL BUSINESS
41
TRANSIT TIME from Mumbai port to various international
ports
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25 days 14 days
days days days days days days
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18-23 21 days 30-35 28- 20-23 30-35 24 days 11-13
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days days days days days
days
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Sydney UK
Casabla A
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24-28 17-19
23 days 28
days days
days
43
44
INTRODUCTION:
45
DEFINATIONS:
46
PERFORMANCE APPRAISAL PROCESS
Establishing Standards
47
3. Measuring Actual Performance: The next step in the evaluation
process is to measure actual performance of employees. The
performance may be measured through personal observation,
statistical reports, oral reports, written reports etc.
METHODS OF
PERFORMANCE
APPRAISAL
48
TRADITONAL METHODS MODERN METHODS
PAIRED B.A.R.S
COMPARISOJN
METHOD
FREE ESSAY
METHOD
DDAPPRISAL
GROUP APPRAISAL
METHOD
WORK SAMPLE
TEST
49
1. Straight Ranking Method: It is the simplest and old method of
merit rating. Every employee is judged as a whole without
distinguishing the rates from his performance. A list is then
prepared for ranking the workers in order of their performance on
the job so that an excellent employee is at the top and the poor
employee at the bottom. It permits comparison of all employees in
any single rating group regardless of the types of work.
The difficulty of this method is that it is very difficult to
compare persons on the whole when they differ in qualities ,
attitudes etc .This method only tells us about the standing of
various persons and not the actual difference among them .
50
according to the judgement of the rater. The grades may be such
as :
The essay method may suffer from personal and human bias
because of liking and disliking of the supervisor. a supervisor may
not be able to express his judgement in appropriate words and it will
limit the utility of appraisal reports . Moreover a busy appraiser may
write an essay hurriedly without properly assessing the actual
performance of the employee. On the other hand, if the appraiser
takes a lot of time in preparing the essay it becomes uneconomical
from the point of view of the firm, because time is a very costly
factor.
51
5. Group Appraisal: Under the group appraisal method, an appraisal
groups, and three or four other persons who have some knowledge of
their performance rate employees consisting of their supervisor. The
supervisor explains to the nature of his subordinates’ duties. The
group then discusses the standards of performance for that job , the
actual performance of the employee and the causes of their particular
level of performance and offers suggestions for future
improvements , if any .
52
This method is still in the infancy stage and is, therefore, not
very popular at present.
(i) Generate Critical Incidents: Persons who know the job being
appraised (Jobholders and /or Supervisors) are asked to describe
specific illustrations (critical incidents) of effective and ineffective
performance.
(iv) Scale the Incidents: The second group is generally asked to rate
the behaviour described in the incident as to how effectively or
ineffectively it represents performance on the appropriate dimension
(seven or nine point scales are typical).
53
(v) Develop Final Instrument : A subset of the incidents (usually
six or seven per cluster ) is used as behavioural anchors for each
dimension .
54
analyzing the data . Raters can have several problems in separating
honest observations from personal differences and biases.
ESSENTIALS OF AN EFFECTIVE
APPRAISAL SYSTEM
55
(i) Mutual Trust and Confidence: An atmosphere of mutual trust
and confidence in the organization is a must for an effective system
of performance appraisal. Both the superior and the subordinate
should be able to discuss matters frankly and offer suggestions,
which may be beneficial for the organization and lead to the
improvement of the employees.
(vi) Feed Back: The result of the appraisal, particularly when they
are negative should be immediately communicated to the employees
so that they may try to improve their performance.
56
(viii) Post Appraisal Interview: After appraisal, an interview with
the employee should be arranged. It is necessary to supply feed back,
to know the difficulties under which the employees work and to
identify their training needs.
Technical
Behavioral
Conceptual
Economic-Business
Managerial
Objective Setting
Probing/Questioning
Listening
Praising and Criticizing
Counseling
57
58
TITLE OF THE PROJECT
(iii) To assess the strong and weak points in the working of the
Employees and findings remedy for weak points through training.
59
(vi) To serve as a basis for wage and salary administration and
considering pay increases and increments .
60
RELEVANCE OF THE STUDY TO THE
ORGANISATION
61
Performance Appraisal facilitates human resource planning,
career planning and succession planning.
62
RESEARCH METHODOLOGY
The objective is also to find out the reactions of both the assessors
and assesses of PERFORMANCE APPRAISAL as to their
satisfaction or otherwise of the existing system and their reaction to
any changes in their performance appraisal system, especially about
the latest method i.e. 360˚ Appraisal method. Moreover, instead of
yearly appraisal they would like their Appraisal to be done more
frequently as to twice in a year.
PRIMARY SOURCES:
Primary data is the data, which is collected for the first time. It is
collected from the source of origin. For Primary data collection
questionnaire was framed considering certain factors like manpower
planning, recruitment sources, selection methods etc.. The objectives
63
of the study were also kept in mind. A copy of the questionnaire is
also attached in the Annexure.
It is more economical.
This method can cover wider areas
This method is original and therefore very reliable.
Respondents feel more comfortable while answering the questions
asked.
SECONDARY SOURCES:
The secondary data are those high are already in existence and which
have been collected, for some other purpose than the answering of
the questions in hand. The secondary data collection involved desk
study, which was carried out to obtain background information about
the sample companies, the main sources of information were
company reports, pamphlets, and magazine and personnel
department.
64
HYPOTHESIS
With the help of this system, the strengths, weakness and the
developmental needs of the employees can be identified and made
more effective.
65
The modification required
Methods Adopted for performance appraisal
LIMITATIONS OF PERFORMANCE
APPRAISAL
66
conflicts. Bias may also be the result of time. Recent experience
or first impression of myth rater may effect the evaluation.
67
68
The Performance Appraisal System of
Thomson Press
Procedure
At the beginning of the year (15 T H – 31 S T March). In
discussion with the appraise, the appraiser defines the 5-6
key result areas of his/ her work in the coming year. Each
of the Key Result Area(KRA) finalized has weight ages
assigned to them depending upon the degree of importance
of a KRA in Departmental/ Functional/ organizational
context.
During this there is a joint review by the appraise and the appraiser to review
the KRAs / goals due to change in business plan, identification of training needs
and resources required to achieve the KRAs. In the new performance appraisal
system there are different sections; if any changes happen in the KRAs then
these are recorded in these sections. But no ratings are given during these
reviews.
69
At The End Of The Year
70
plan is to bring the poor performer to good or average
performer.
71
1. GENERAL
72
70 % of the managers are aware of the Performance Appraisal
System
10%
YES
NO
30%
60% DON’T KNOW
73
60% of the respondents say that there is separate Appraisal Form
for different levels.
TIME INTERVAL
60
50
40
PERCENTA
30
GE Z
20 Series1
10
0
ONCE IN TWICE IN DON’T
YEAR 74 YEAR KNOW
RESPONSE
60% of the respondents say that the appraisal is done once in a year
10% of the respondents say that the appraisal is done twice in a year
30% of the respondents say that they don’t know about the time gaps
METHODS ADOPTED
PPOPER FORMAT
10%
20% APPRAISAL
METHOD
50% SELF APPRISAL
20%
DON’T KNOW
75
50% of the respondents say that proper format is used for appraisal
10% of the respondents say that they don’t know about the tools and
techniques
70
60
50
PERCENTA 40
GE 30
20 Series1
10
0
YES NO DON’T
76 KNOW
RESPONSE
0% of the respondents say that the new method is included.
70% of the respondents say no the new method of appraisal is not included.
30% of the respondents say that they don’t know about the new method.
YES
30%
NO
60% TO SOME
10% 77
EXTENT
60% of the respondents say that they are satisfied with the appraisal
method.
10% of the respondents say that they are not satisfied with the appraisal
method.
30% of the respondents say that they are satisfied with the appraisal method
to some extent.
40
30
PERCENTA
20
GE
Series1
10
0
1 2 3
78
RESPONSE
20% of the respondents say that they face the problem of resistance from
Employees while appraising.
50% say that they face the problem of difference of opinion between
superior and subordinate.
MODIFICATIONS REQUIRED
79
20%
40% of the respondents say that they want modifications in the present system
of appraisal.
20% of the respondents do not want any modifications in the present system.
40% of the respondents say that they can’t say if modifications are required or
not.
50
PERCENTAGE
40
30
Series1
20
10
0
1 2 3
80 4 5
RESPONSE
10% of the respondents say that appraisal helps to assess the strength
,weakness & development needs of each individual.
20% of the respondents say that appraisal helps to provide a basis for
review of salary.
20% of the respondents say that appraisal helps to assess the potential
growth of the individual in the organization.
40% of the respondents say that appraisal helps to develop positive
superior-subordinate relationship
10% of the respondents say that appraisal helps the employees in career
planning .
8. SYSTEM OF SELF-APPRAISAL
8.a).
Sr.No. Opinions Response Percentage
1. Yes 6 60
2. No 4 40
40%
YES
NO
60%
81
60% of the respondents say that there is self-appraisal before the appraiser
does the appraisal.
40% says that there is no system of self-appraisal before the appraiser does
the appraisal.
9. THE APPRAISAER
The Appraiser
Immediate
10% Supervisor
40% 20% Specialized
Committee
Personnel
Department
30% Department Head
82
10 % of the respondents say that the appraisal is done by the immediate
supervisor.
20% of the respondents say that the appraisal is done by the specialized
committee.
30% of the respondents say that the appraisal is done by the personnel
department.
40%of the respondents say that the appraisal is done by the departmental head.
20%
ALWAYS
SOMETIMES
50%
DON’T KNOW
30%
83
20% of the respondents say that always the appraisal is followed by employee
feedback, counseling and training for enhancing the effectiveness.
30% of the respondents say that never the appraisal is followed by employee
feedback, counseling and training for enhancing the effectiveness.
50% of the respondents say that they don’t know if the appraisal is followed by
employee feedback, counseling and training for enhancing the effectiveness
84
85
SUGGESTIONS AND RECOMMENDATIONS
86
CONCLUSION
3. They will appreciate any change done that would be for their
betterment.
87
88
QUESTIONER
DEAR Respondent,
1.GENERAL
89
i). What are the methods used for the appraisal ?
ii). The latest method i.e. 360 degree performance appraisal is being
followed or not ?
6..MODIFICATIONS REQUIRED:
i). Do you think that some modifications can be done to improve the
performance appraisal system?
90
a). Yes b). No c). Can’t say
7. MAIN OBJECTIVES:
i). What are the main objectives behind the performance appraisal:
8. SYSTEM OF SELF-APPRAISAL:
9. The appraiser:
91
i). Is the appraisal followed by the employees feedback, counseling
and training for enhancing the effect9iveness of the total exercise?
BIBLIOGRAPHY
92
GUPTA C.B., Principles of Management, National, New Delhi, 1996
WEBSITES
1. www.hrworld.com
2. www.hr.com
3. www.google.com
4. www.thomsonpress.com
LIST OF GRAPHS
93
7. Modifications Required
8. System of Self Appraising
9. The Appraiser
10. The Feedback Process
LIST OF TABLES
94