Professional Documents
Culture Documents
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COMPANY PROFILE
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NTPC’s share on 31st March in 2004 in the total installed
capacity of the country was 19.4% and it contributed
27.1% of the total power generation of the country
during 2003-04.
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produced is ideal for use in cement concrete, cellular
concrete and building material.
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potential global giants inspired by its glorious past and
vibrant present, NTPC is well on its way to realize its
vision of being “One of the World’s largest and best
power utilities, powering India’s growth”.
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THE TOTAL POWER COMPANY
Important Highlights
NTPC
Installed Capacity
(AS ON 10.11.2008)
STATION PLANT MW
Coal Based 13 17,480
Gas/ Liquid Fuel 7 3,955
JV Coal 3 314
TOTAL 23 21749
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Excellence in Power Generation With the commendable
performance in the areas of operation and
maintenance, NTPC once surpassed all MOU targets
for the year 2002-2003 in the excellent category,
NTPC station recorded the highest ever PLF of
83.6% since inception of the corporation. Some
highlights of excellence are:-
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Total Dividend paid for 2002-2003 is Rs 708
crore.
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companies with SAIL are operating and maintaining
captive power plants at Durgapur, Rourkela and Bhilai. A
subsidiary company, NTPC Hydro Ltd. A JV company with
49% equity participation by NTPC and 51% by Railways
will be incorporated to set up a 1000 MW power plant at
Nabinagar in Bihar.
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NTPC Tamil Nadu Energy Company Ltd. has been
incorporated to set up a coal-based power station of
1000 MW at Ennore with Tamil Nadu Electricity Board
Utility Power Technique. A NTPC JV with BSES, is
constructing, erecting and super using assignments in
power and other sectors both locally and globally. MoU
with BHEL to take up EPC jobs, NTPC is pursuing
business opportunities in Oman, Saudi Arabia, Iran and
UK. It has been imputed by prospective investor in UK to
do due diligence of two coal-based power stations by
undertaking O&M activities.
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NTPC OBJECTIVES
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NTPC CORE VALUES
BUSINESS ETHICS
CUSTOMER FOCUS
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NTPC VISION
NTPC MISSION
Competitive prices,
And eco-friendly
Technologies and
Contribute to society”
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NEED AND SIGNIFICANCE OF STUDY
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the employees possess value because of providing future
services.
National Thermal Power Corporation considers
human dimensions as the key to organization’s
success. The quality of employees and their development
through training and education are major factors in
determining long-term profitability of a small business.
Hiring and keeping good employees is the key to the first
factor. If you hire and keep , it is good policy to invest
in the development oftheir skills, so they can increase
their productivity.
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OBJECTIVES OF THE STUDY
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EFFECTIVENESS
OF
PERFORMANCE
MANAGEMENT
SYSTEM
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PERFORMANCE MANAGEMENT
SYSTEM
OBJECTIVES
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about transparency in the performance assessment
process.
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PMS CYCLE
For E1 – E5:
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PMS PROCESS
1 Performance Planning
3 Annual Assessment
4 Normalization
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Performance Planning
Performance Planning is the process of:
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Mid Year Review
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Annual Assessment
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Normalization
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Feedback, Coaching, and
Counseling
Feedback :
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Coaching and counseling
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1. Recognition and understanding of existing strengths
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FINDINGS
AND
ANALYSIS
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Question vise Analysis:
STRONGLY
AGREE
12% 6% 3%
AGREE
15%
NEITHER
AGREE NOR
DISAGREE
DISAGREE
64%
STRONGLY
DISAGREE
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Q2). I look forward to the PACE process each year.
STRONGLY AGREE
12% 0%
21%
AGREE
NEITHER AGREE
NOR DISAGREE
38% DISAGREE
29%
STRONGLY
DISAGREE
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Q3) The PACE process directly contributes to effective
Achievement of goals.
STRONGLY AGREE
0% 15%
29% AGREE
NEITHER AGREE
24% NOR DISAGREE
DISAGREE
32% STRONGLY
DISAGREE
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Q4) The KPAs (Key Performance Area) reflect my actual
work responsibility.
STRONGLY AGREE
0% 12%
26%
AGREE
STRONGLY
41%
DISAGREE
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Q5) I do not have any problem in quantifying my
targets.
9%
STRONGLY AGREE
18% 3%
3% AGREE
NEITHER AGREE
NOR DISAGREE
DISAGREE
STRONGLY
67%
DISAGREE
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Q6) The stretch targets set in KPA are often out of reach
practically.
STRONGLY AGREE
6% 3%
21% AGREE
32% STRONGLY
DISAGREE
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Q7) I have access to MOU, Business Plan, Departmental
Plans and other documents for facilitating my target
setting.
STRONGLY AGREE
9% 0%
21%
AGREE
NEITHER AGREE
12% NOR DISAGREE
DISAGREE
58%
STRONGLY
DISAGREE
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Q8) My boss gives enough time and support and we
discuss on targets & Performance with him in detail.
STRONGLY AGREE
9%
21%
AGREE
21%
NEITHER AGREE
NOR DISAGREE
DISAGREE
25%
24% STRONGLY
DISAGREE
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Q9) People in my department are given marks purely on
their merit and not based on some other
considerations.
STRONGLY AGREE
3%
AGREE
35%
35%
NEITHER AGREE
NOR DISAGREE
DISAGREE
6%
STRONGLY
21%
DISAGREE
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Q10) I have the resources available at my disposal for
achieving my targets.
STRONGLY A GREE
12% 6% 3%
A GREE
NEITHER A GREE
32%
NOR DISA GREE
DISA GREE
47%
STRONGLY
DISA GREE
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Q11) PMS system is implemented in a fair & impartial
manner.
0%
3% STRONGLY AGREE
18%
AGREE
43%
NEITHER AGREE
NOR DISAGREE
DISAGREE
36% STRONGLY
DISAGREE
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Q12) The actual change necessary for the successful
implementation Of PACE are at available in NTPC.
STRONGLY AGREE
0% 15%
21%
AGREE
NEITHER AGREE
26% NOR DISAGREE
DISAGREE
38% STRONGLY
DISAGREE
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Q13) I m given feedback regarding my performance by
my boss at the end of the performance cycle.
3%
STRONGLY AGREE
6%
3%
AGREE
NEITHER AGREE
42% NOR DISAGREE
46%
DISAGREE
STRONGLY
DISAGREE
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Q14) The actual change necessary for the successful
implementation of PACE are at available in NTPC.
STRONGLY AGREE
9% 0%
18%
AGREE
44% STRONGLY
DISAGREE
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Q15) I think that the preview Confidential Rating (CR)
system was superior to PACE. If Yes or No.
DIAGRAMATICAL GRAPHICAL
REPRESENTATION
18%
YES
NO
82%
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RESEARCH
METHODOLOGY
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Data collection methods
SOURCES OF DATA:
• Primary data;
• Secondary data;
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COLLECTION OF DATA:
Primary Data:
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o The total sample of the employees survey was
25 respondents
Secondary Data:
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DATA ANALYSIS:
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PRESENTATION OF DATA:
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QUESTIONNAIRE
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QUESTIONNAIRE
Age- Dept-
Qualification-
Experience-
Grade/Level-
PMS Questionnaire
5 4 3 2 1
Strongly Agree Neither Disagree Strongly
Agree Agree Disagree
Nor
Disagree
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1. I am aware of all the rules & guidelines
regarding filling up of the PACE forms and their
assessment.
( )
2. I look forward to the PACE process each year.
( ).
3. The PACE process directly contributes to effective
achievement of goals. ( ).
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10. I have the resources available at my disposal for
achieving my targets. ( )
………………………………………………………………………………
17. Give any three drawbacks of PACE with supportive
modifications.
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SUGGESTION
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suitable training to act as Performance Coaches.
LIMITATIONS
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CONCLUSION
The main reason behind selecting this topic was to get
acquainted with the practice aspect of performance
management system that is followed in NTPC. After
analyzing the questionnaire, personal interview and
telephonic interview, I came out with the conclusion that
there are no frequencies in the system.
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BIBLIOGRAPHY
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REFERENCE
Magazines:-
Human Resource Management (C.R. Kothari).
NTPC Journal
Business Today
Web Sites:
Google.com
ntpc.in
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THANKS
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