Professional Documents
Culture Documents
CHAPTER-1
INTRODUCTION
PART-A
INTRODUCTION
Medopharm is the flagship company was established in 1970 by a well known
philanthropist, educationist & on eminent social worker late Shri.MohanmaljiChordia ,a
recipient of the prestigious Padmashree award from the president of India. The
medopharm is a leading global player exports its products more than 60 countries. Our
exports are to both developed & developing countries. Consistent quality & fair Prices
have enabled more customer from different parts of the globe to use medopharm’s
products. Medopharm,malur has been approved by national or local licensing authorities,
the director of the drug control, Karnataka, for the manufacture oral pharmaceutical
dosage forms in tablets & capsules.
Providing suitable and most and productive employment, which brings them
psychological satisfactions.
Making maximum utilization of the resources in an effective manner and Paying the
employees a reasonable compensation in proportion to the Contribution made by
him.
SCOPE OF HRM:
The scope of HRM is indeed vast. All major activities in the working life of a
worker-from the time of his or her entry into an organization until he or she leaves- come
under the purview of HRM. .specifically, the activities included are- HR planning, job
analysis and design, recruitment and selection, orientation and placement, training and
development, performance appraisal and job evaluation, employee remuneration,
motivation communication, welfare, safety and health, industrial relations and the like.
HISTORY
The German Military first began gathering performance from multiple sources in
order to evaluate performance during World War II (Fleenor & Prince, 1997). Also
PART-B
MEANING OF THE STUDY:
MEANING OF 360 DEGREE PERFORMANCE APPRAISAL
A 360 degree performance appraisal is a full circle system, of obtaining
information about the employee performance from the self, peers, subordinates,
and internal and external customers. In human resources, 360 degree performance
appraisal.
360 Degree performance appraisal is an exercise they typically do once a year to identify
and discuss job-relevant strengths and weaknesses of individuals or work teams. 360
degree performance appraisal is a method of evaluating the behavior of employees in the
work spot, normally including both the quantitative and qualitative aspects of job 360
degree performance. 360 Degree performance here refers to the degree of
accomplishment of the tasks that make upan individual’s job. It indicates how well an
The basic purpose is to find out how well the employee is performing the job and
establish a plan of improvement.
360 Degree performance appraisal is not job evaluation. It refers to how well someone is
doing the assigned job.
th
Robert Owen, a Scottish mill owner in the early 19 century, first evolved the
system of merit rating. Merit rating or 360 degree performance appraisal is concerned
with measuring and evaluating employee 360 degree performance after he is placed on a
job. In those days the task of measuring the employee’s efficiency was left to the
judgment and opinion of the managers.
But in modern times, a scientific approach is needed to find out the qualities and merit of
the 360 degree performance of the individual employee. The merit rating technique
provides for a systematic and scientific assessment of the ability of the employee.
360 Degree performance appraisal is the systematic evaluation of the 360 degree
performance of employees and to understand the abilities of a person for further growth
and development.360 degree Performance appraisal is generally done in systematic ways
which are as follows:
The supervisor measures the pay of employees and compares it with target and plans.
The supervisor analysis the factors behind work 360 degree performance of
360 Degree performance appraisal also means an appraisal of the growth potential
of an employee, with a view to providing information to the organization leading to
positive action and enabling feedback to the individual aimed at his performance
improvement, personal growth and job satisfaction. In short we can say that 360 degree
performance appraisal to result in an assessment of:
360 Degree performance appraisal have always played a very important role in
human resource management. The 360 degree performance appraisal is critical
mechanisms for organizational control, through which the employees can view, see their
past 360 degree performance and take action for improvement.
DEFINITIONS:
360-degree:
Rokendro defines 360-degree as a multiple impact approach to performance
assessment that uses a variety of rating resources, which include superiors, peers on the
same level, subordinates, customers and self. It is an upward, downward and lateral
assessment approach that brings about a full circle view, from there, 360-degree.
Performance appraisal:
According to Meenakshi performance appraisal is a formal management system
that provides for the evaluation of the quality of an individual’s performance in an
organisation. It is a process that creates work standards and then evaluates employees‟
Knowledge of work.
Initiative
Quality of work.
Target attainment.
Aptitude.
Degree of skill.
Discipline
Punctuality
Honesty
Ambition
360 Degree performance appraisal is also a technique of HRD. The 360 degree
performance interview and the process of the 360 degree performance analysis help the
subordinate to interact closely with his superior. The interaction helps particularly
subordinates learn from his superior the job related and behavior related aspects. This
process becomes a training/development /educational process. Thus 360 degree
performance appraisal is closely related to HRD. In fact, 360 degree performance
appraisal helps employee development.
• Identify the importance of the 360 degree performance Appraisal from the
viewpoint of the supervisor and employee.
• Create the appropriate atmosphere for conducting the 360 degree performance review
discussion.
Not only manager should make assessments on its staff performance but other
colleagues should do, too. People who undervalue themselves are often motivated by
feedback from others. If more staff takes part in the process of performance appraisal,
the organizational culture of the company will become more honest.
Determine if performance expectations/requirements are being met and how well they
are being met.
Shift 360 degree performance emphasis from short-term, component specific individual
goals to include long-term, team-oriented goals that are consistent with continuous
improvement of the Industry as a whole.
Communicate with each employee in honest, timely dialogue aimed at 360 degree
performance improvement.
Making and validating administrative decisions (e.g., pay, promotion, placement, and
termination)
Identifying systemic factors that are barriers to, or facilitators of, effective 360 degree
performance.
Rewards, there are also likely to be benefits for workers‟ motivation, productivity and
retention.
System factors: the system of work and facilities (instruments of labour) provided by
the organization.
Subordinates.
Peers.
Managers (i.e. superior).
Team members.
Customers.
Suppliers/ vendors.
(Anyone who comes into contact with the employee and can provide valuable insights
and information).
1. Self appraisal
2. Superior’s appraisal
Superior’s appraisal forms the traditional part of the 360 degree performance
appraisal where the employees’ responsibilities and actual performance is rated by the
immediate superior.
3. Subordinate appraisal
Subordinates appraisal gives a chance to judge the employee on the parameters
like communication and motivating abilities, superior’s ability to delegate the work,
leadership qualities etc.
4. Peers / Co-workers
Peer or colleagues co-workers also evaluate each other’s performance. They
work continuously with each other, and they know each other’s performance. Peer
evaluation is used mostly in cases where team work is important. Peers can help to find
employees’ abilities to work in a team, co-operation and sensitivity towards others.
1. Top Management:
The top management normally evaluates the middle level managers. However, in
a small organization, they also evaluate the performance of the lower level managers and
senior employees.
2. Immediate Superior:
The immediate superior is in a very good position to evaluate the performance of
his subordinates. This is because they have direct and accurate information about the
work performance of their subordinates.
3. Peers / Co-workers:
Peer or colleagues also evaluate each other's performance. They work
continuously with each other, and they know each other's performance. Peer evaluation
is used mostly in cases where team work is important.
4. Subordinates:
The Subordinates can also evaluate the performance of his superior. Now-a-days
students are asked to evaluate the performance of their teachers.
1
.
CHAPTER –2
RESEARCH DESIGN
INTRODUCTION:
Research design is a purposeful scheme of action proposed to be carried out in a
sequence during the process of research.it defines the task of researchers from
identifying managerial problem and areas related. and presented in the form of report
writing with the help of collection, tabulation, and interpretation of data. the analysis of
design may be a logical presentation of the various steps in the process of research . the
following steps to be included.
• Title of the project.
• Plan of analysis.
All the above points have been discussed in this study and this study gives details about
the topic "A STUDY ON 360 DEGREE PERFORMANCE APPRAISAL ON
HUMAN RESOURCE AT MEDOPHARM,MALUR”.
LITERATURE REVIEW:
Manuel London, Edward M. Mone, John C. Scott (2004)
This paper deals with 360 degree performance appraisal in organizations and
evaluate how it follows the principles of good management supported by extensive
research in organizational psychology and human resource management. This paper
mainly focuses on two key elements of performance management systems such as rate
accuracy and goal setting.
Michael E. Gordon, Lea P. Stewart (2009)
In this paper author describes clearly about dissatisfaction level with 360 degree
performance appraisal methods and it is widespread with no consensus about an outcome
of the problem. The AI is a communicative act with situated outcomes, this
communication theory will offer to a reassessment of the AI process.
G Meenakshi (2012)
This paper focus on internal and external customers which emphasis on different
dimensions of performance (leadership, innovation, teamwork, initiative, emotional
intelligence, entrepreneurship, etc). This paper will evaluate the performance of any
individual based on their skills and often they include examples and evidence to support
this information system.
Powell T.C, Lovallo and Caringal C (2006)
This study deals with “causal ambiguity” it was first used in Lippmann and
Rumelts analysis to know uncertain immutability and interfirm profitability
differentiation. Lippman and Roomettes mathematical model deals with uncertainty in
self-assessed capacity to imitate the cost functions of incumbents.
Silva Karkoulian (2010)
This paper discuss deploying effective strategies and analyze how it support
knowledge sharing activities. This effective appraisal system acts as the primary concept
for the measurement of management change. Appraisal system occupies a major role in
human resource management in the organization.
Sara Rynes, Arthur Brief, and James Walsh (2008)
In this project, Friedman describes how American companies are hiring Indian to
various job sectors like x-rays, in a financial company, a computer experts in many other
sectors of their domestic services into international services.
Mostafa Jafari, AtiehBourouni, RoozbehHesam Amiri (2009)
To identify the strength and weakness of employee to place right men on right
job.
To improve employee work performance by helping them realize and use their
full potential in carrying out their firms mission.
The main aim of the study is to find out the effectiveness of 360 degree
performance appraisal & development Programs conducted at “Medopharm private
limited”.
Some of the respondents were afraid to give true information in some cases.
There may be bias on the part of employees while answering to the questions.
The sample size of the study is limited to 150 not the entire employees of the
organization.
RESEARCH METHODOLOGY:
It is a way to systematically solve the research problem.
Visiting official website of the industry, institutions & other related websites.
SAMPLING SIZE:
The questionnaire will be distributed in the sample of size of 50 employees(respondents).
SAMPLING TECHNIQUEES:
1. RANDOM SAMPLING:-
It is way of selecting a sample of observations from a population in order to make
inferences about the population.
2. DESCRIPTIVE SAMPLING:-
Descriptive sampling aims to summarise a sample rather than use the data to learn about
the population that the sample of data is through to represent.
PLAN OF ANALYSIS:
The data has been analyzed by using tables, charts, graphs, and other statistical
methods in the study. The methods in particularly used to arrive at proper and an
accurate results which in turn helps in making decisions and in giving suggestion’s.
USED FOR DATA COLLECTIONS SOURCES:
The study is divided into two different parts. The various data is collected by adopting
two methods.
They are:-
Primary data
Secondary data
1. PRIMARY DATA:-
It is the original data which is collected directly from the original sources by
adopting different methods. The methods of collecting primary data are:
Questionnaire
Interviews
Observation
2. SECOUNDARY DATA:
It is the reviewing of relevant information which is already collected and making
references based on the information collected. This includes information published in
manuals, newspaper, textbooks, and company websites.
CHAPTER SCHEME:
CHAPTER:-1 INTRODUCTION:-
It deals with theoretical background of the study.
BIBLIOGRAPHY
ANNEXURE
CHAPTER-3
COMPANY PROFILE
Medopharm was born in 1970 with its sights set on becoming a global leader in
the pharmaceutical industry. Today with operations spanning over 60 countries
worldwide, this forward looking company, one of the top contenders on the Indian
pharmaceutical scene, is on the right path to turning its vision into areality.
Medopharm’s values, management principles & business practices act as a
company to guide the company to success. Having won recognition for trustworthiness,
reliability & world class recognition for trustworthiness, reliability & world class
standards the company is poised for a major breakthrough in cross boundary sales.
To meet global standards, medopharm’s procurement, production, planning,
manufacturing, testing, dispatch, finance & human resource system are ERP focused.
HISTORY
MEDOPHARM COMPITETORS
VISION:
1 To maintain company as a global player in the pharmaceutical industry & supply value-
added products at reasonable price.
2 Company will ensure that the organizations is states-of-art technology to satisfy market
needs & evolve with the times to stay competitive, adaptable &prompt.
3 Create a sound base for the manufacture of bulk drugs at international standards.
MISSION:
Innovative, automatic & R&D will be the nucleus of the company future business
endeavors. They will ensure the presences in regulated markets & strive to be amongst
the top five companies in the Co Amoxyclav segment.
1 Create a strong research in the field of bulkdrugs.
2 Earn a reasonable return on investment.
3 Provide prompt service and quality products at reasonable price to customer.
PRODUCTS:
Company has an extensive rangeofproducts to suit needs:
Division: RADIANT
Sl BrandName Composition
Division: CARDIAC
Sl BrandName Composition
1 COMBET Amoxicillin+Potassium Clavulanate 375mg/625mg6's Tropack
Tablet
2 EMVOSE-M Voglibose 0.2mg+Metformin SR 500mg Tablet 10's Alu
3 EMVOSE-TRIOGlimepiride 2mg+Voglibose 0.2mg+Metformin SR10's Alu
500mg
Tablet
4 GLUREG-SR Metformin SR 500mg Tablet 10's Alu
5 GLYLIM Glimepiride 2mg+Metformin SR 500mg Tablet 10's Alu
FORTE
6 PEDWIN Pregabalin 75mg+Methylcobalamin10's Alu
750mcg+Benfotiamine
7.5mg+Folic Acid 1mg+Vitamin B6 1.5mg Tablet
7 SULTATIN Rosuvastatin 5mg/10mg/20mg Tablet 10's Alu
8 TELMIPHARM Telmisartan 20mg/40mg 10's Alu
9 TELMIPHARM Telmisartan 40mg+Hydrochlorothiazide 12.5mg Tablet 10's Alu
-
H
10 TELMIPHARM Telmisartan 40mg+Amlodipine (AM) 5mg Tablet 10's Alu
AM
11 TELMIPHARM Telmisartan 40mg+Amlodipine (AM)10's Alu
AMH 5mg+Hydrochlorothiazide
(H) 12.5mg Tablet
12 ZOROTAB Rabeprazole Tablet 20mg Tablet 10's Alu
Division: CNS
PRODUCTSPROFILE
RECENT PRODUCTS
ESOPEL 20 mg ESOPEL 40 mg
ORAGANISATION STRUCTURE
MANAGING
DIRECTOR
ADMINISTRATION ACCOUNTANT
MANAGER QUALITY MARKETING EXECUTIVES
QA CONTROL
ASSISTANT OPERATORS
WORKERS
WORKERS
BOARD OF DIRECTORS
Shri.Sardarmul Mr.Gambhir
Mr.UdhanKumar
Chordia Chordia
Chordia. CEO
Founder, Chairmen Director operations
DOMESTIC PRESENCE
A strong player in the international Market
Medopharm is today a key player in the Indian pharmaceutical market, with a
wide range of products in various segments such as anti-epileptis, anti-inflammatory,
antibiotic & hypoglycemic agents.
Medopharm enjoys a strong rapport with the medical profession including
specialists, who have accepted Medopharm’s products for their high quality, efficacy &
affordability. Medopharm has built up a strong equity with a vast & efficient dealer
network.
Keeping in line with the expansion plans, the company is poised to launch new
divisions in Nutraceuticals & OTC segments.
FACILITIES
Medopharm currently has two manufacturing facilities at Chennai and Malur for
finished formulations of generics and branded generic products. We also have a new
manufacturing facility coming up adjacent to Chennai plant. This facility will augment
our manufacturing capability substantially.
MALUR PLANT
Medopharm manufacturing unit located in Bangalore is spread over 2 acres with
a total production area of 2,100 square meters. The unit manufactures finished dosage
forms (tablets, capsules and dry powder) for its own marketing as generics and branded
generics, contract manufacturing for third parties and co-marketing. The state-of-the art
manufacturing facility in Bangalore is WHO cGMP-certified and is also approved by
DEPT. OF COMMERCE, BENGALURU NORTH UNIVERSITY P.G.CENTRE-KOLAR PAGE 40
“A STUDY ON 360 DEGREE PERFORMANCE APPRAISAL ON
HUMAN RESOURCE AT MEDOPHARM, MALUR”.
several reputed pharmaceutical companies/clients in India and abroad. The annual
production capacity is 6000 million units of tablets, 200 million units of capsules on 2
shift basis. It was upgraded in 2000 and 2005.
Manufacturing / primary packaging areas maintained under Class 100,000
environment, with terminally mounted HEPA filters. It also uses other hi-tech machines
that are Programmable Logic Controller (PLC) controlled, i.e., a digital computer used
for automation of electromechanical processes, such as control of machinery on factory
assembly lines.
Some machinery have inbuilt camera systems to detect any capsules that are
unfilled with the drug, yet others have inbuilt metal detectors to eliminate any possibility
of contamination from any equipment/tool. The company ensures that the products
manufactured are of the highest quality.
AWARDS:
SWOTANALYSIS
The SWOT analysis provides information that is helpful in matching the firm’s
resources and capabilities to the competitive environment in which it operate. As such it
is instrumental in strategy formulation and selection.
GREEN POLICY
As Medopharm is an environmentally-conscious company, they are continuously
keeping close tabs on all our production lines to ensure that their operations and by
products do not damage the fragile ecosystem. All of Medopharm's facilities are
engineered to handle waste and minimize pollution as well as environmental
contamination. The cleanliness and safety of the environment are amongst our top
priorities.
STRENGTHS
It has goodwill in the market.
Good quality raw materials availabilities.
It is maintaining a good in fracture facilities.
Company concentrates on product quality.
Modern machines as well as equipments.
High production efficiency.
Easy raw material availability.
Power generation.
Good industrial relations.
Support from the state government.
WEAKNESSES
Old technology.
No specific department for training.
Rigid promotion procedure in the organization.
No schemes offered.
OPPORTUNITIES
Cost of production can be minimized by computerization of all the departments.
As per sufficient power is not supplied by the KPTCL, there is no opportunity for the
factory to produce electricity by its wastages.
The employees-employer relation is good.
They are having good and excellent infrastructure facilities.
Borrowing of loan at low interstate.
Company can explore export opportunities.
THREATS
Changing of the government rules.
Cost of production is higher when compared to other neighboring factories as it has old
and traditional machines and equipments for manufacturing process.
The company is not interested more in advertisement.
Same competitors have introduced some highly technical aspects like global viewed.
CHAPTER -4
DATA ANALYSIS AND INTERPRETETION
DATA ANALYSIS
It is the process of placing the data in an ordered form, combining them with
existing information and extracting the meaning from them. In other words analysis is an
answer to the question what message is conveyed by each group of the data which are
otherwise raw facts are unable to give meaningful information.
The term “analysis” means methodically classifying data given in the statements
into a simplified form. The interpretation involves the explanation of the facts in a
simplified manner. It involves the comparison of similar figures at different points of
time and different figures at same point of time.
INTERPRETATION
It refers to the comparison of various components and definite conclusion may be
drawn about the earning capacity, efficiency, profitability, liquidity, solvency trend etc.
comparison is very much essential for interpretation.
And the interpretation is the process of making in the sense of numerical data that
has been collected, analyzed and presented.
It is a process of relating various bits of information. It attempts to answer well
and what relation exists between the findings to research objectives and hypothesis
framed for the study in the beginning.
TABLE NO-4.1
TABLE SHOWING 360 DEGREE PERFORMANCE APPRAISAL IS
ADOPTED IN YOUR ORGANIZATION
Opinions No of respondents Percentage
Yes 30 60%
No 20 40%
Total 50 100%
ANALYSIS
From the above table it is analysis that 360 degree performance appraisal is adopted in
medopharm company 60% respondents are given Yes and 40% respondents are given
No.
GRAPH NO-4.1
60%
40%
30
20
0 0
1 2
INTERPRETETION:
From the above graph we can be interpret that 60% percent of the respondents
given the opinion that organization has adopted 360 degree performance appraisal in
organization. Therefore the majority of respondents that is 60% of respondents opinioned
that organization has adopted 360 degree performance appraisal in organization.
TABLE NO-4.2
Yes 40 80%
No 10 20%
Total 50 100%
ANALYSIS
From the above table it is analysis the majority respondents that 360 degree
performance appraisal helps to reach the objective of the medopharm company 80%
respondents are given Yes and 20% respondents are given No.
GRAPH NO-4.2
GRAPH SHOWING DOES 360 DEGREE PERFORMANCE
APPRAISAL HELPS TO REACH THE OBJECTIVES OF THE
ORGANIZATION.
60
50 50
40 40
30
20
10 10
No of Respondents Percentage
INTERPRETATION:
From the above graph it can be interpreted that 80% of the respondents given
opinion that, 360 degree performance appraisal helps to reach organizational objectives.
But some of respondents given the opinion that 360 degree performance appraisal does
not help to reach organizational objectives. Therefore the majority of respondents that is
80% of respondents opinioned that 360 degree performance appraisal helps to reach the
objectives of the organization.
TABLE NO-4.3
TABLE SHOWING 360 DEGREE PERFORMANCE APPRAISAL IS
REQUIRED FOR YOUR ORGANIZATION
Opinions No of respondents Percentage
Yes 30 60%
No 20 40%
Sometimes 0 0%
Total 50 100%
ANALYSIS
From the above table it is analysis that 360 degree performance appraisal is
required for medopharm company 60% respondents are given Yes and 40% respondents
are given No.
GRAPH NO-4.3
GRAPH SHOWING 360 DEGREE PERFORMANCE APPRAISAL IS
REQUIRED FOR YOUR ORGANIZATION
35
30 60%
30
25
20
40%
20
15
10
00%
0
1 0%
0
2 0%
0
3
0%
0
0%
0
INTERPRETATION:
From the above graph it indicates that 60% of the respondents given the opinion
that organization requires 360 degree performance appraisal other 40%stated that 360
degree performance appraisal is not required. Therefore majority of respondents that is
60% are satisfied with organization effective 360 degree performance appraisal in an
organization.
TABLE NO-4.4
TABLE SHOWING PURPOSE OF EFFECTIVE 360 DEGREE
PERFORMANCE APPRAISAL IN YOUR ORGANIZATION
ANALYSIS
From the above table showing 40% respondents are given response required for training
development and then 20%, 20% and 20% respondents are response for salary ,
promotion and personal carrier respectively.
GRAPH NO-4.4
GRAPH SHOWING PURPOSE OF EFFECTIVE 360 DEGREE
PERFORMANCE APPRAISAL IN YOUR ORGANIZATION
No of respondents Percentage
INTERPRETATION:
From the above graph it can be interpreted that 40% of the respondents given
opinion that, identification of areas required for training and development is the purpose
of effective 360 degree performance appraisal in organization other 20% of respondent
opinion that incentives and 20% respondent opinion that promotions and other 20% of
respondents opinion that personal carrier therefore majority of respondent satisfied
identification of areas required for training and development is the purpose of effective
360 degree performance appraisal in organization.
TABLE NO-4.5
TABLE SHOWING 360 DEGREE PERFORMANCE APPRAISAL IS
A TRAINING FACTOR OF PRODUCTIVITY
Agree 30 60%
Disagree 10 20%
Neutral 0 0%
Total 50 100%
ANALYSIS
From the above table showing 60% respondents are given response agree and
then 20%,and 20% respondents are response for strongly agree and disagree respectively.
GRAPH NO-4.5
GRAPH SHOWING 360 DEGREE PERFORMANCE APPRAISAL IS
A TRAINING FACTOR OF PRODUCTIVITY
Agree
30%
Total
50%
Strongly agree
10%
Disagree
10%
INTERPRETATION:
From the above graph it can be interpreted that 60 percent of the respondents said
that 360 degree performance appraisal is a training factor of productivity agreed and 20%
of respondents strongly agreed and other 20% disagreed that 360 degree performance
appraisal is a training factor of productivity there fore majority of the respondents that is
60% agreed 360 degree performance appraisal is a training factor of productivity.
TABLE NO-4.6
Yes 40 80%
No 10 20%
Total 50 100%
ANALYSIS:
From the above table it is analysis that 360 degree performance appraisal
techniques really helped to assess strength and weakness of employees of the
medopharm company 80% respondents are given Yes and 20% respondents are given
No.
GRAPH NO-4.6
50 100%
40 80%
30
50
20 40
10 20%
10
0
1 2 3
INTERPRETATION:
The above graph shows that 80% of the respondents are interpreted that effective
360 performance appraisal techniques really helped to assess strengths and weakness of
employees. Remaining 20 percent of the respondents feel that these 360 degree
performance appraisal techniques will not help to assess strengths and weakness of
employees in an organization. Therefore the majority of respondent opinion that
effective 360 degree performance appraisal techniques really helped to assess strengths
and weakness of employees.
TABLE NO-4.7
Training 10 20%
Total 50 100%
ANALYSIS
From the above table showing 40% respondents are given response guidance for
self development and then 20%,20%,and 20% respondents are response for counseling,
training and any other specify respectively.
GRAPH NO-4.7
50 50
40
30
20 20
10 10 10 10
No of respondents Percentage
INTERPRETATION:
From the above graph we can be interpreted that 40% of the respondents said that
guidance for self development is the recommendation given by the appraiser to increase
employees 360 degree performance in organization. and 20% of the respondents tell that
counseling and other 20% of respondents said that training , remaining 20% of
respondents satisfied any other specify, there fore the majority of respondents satisfied
that guidance for self development is the recommendation given by the appraiser to
increase employees 360 degree performance in organization.
TABLE NO-4.8
No 10 20%
Total 50 100%
ANALYSIS
From the above table it is analysis that 360 degree performance appraisal is a
useful tool for manpower utilization controls of productivity in medopharm company
80% respondents are given Yes and 20% respondents are given No.
GRAPH NO-4.8
INTERPRETATION:
From the above graph it can be indicate that 80% of the respondents given
opinion that, effective 360 degree performance appraisal is a useful tool for manpower
utilization controls of production and productivity in an organization. but some
respondents not satisfied that effective 360 degree performance appraisal is not useful
tool for manpower utilization controls of production and productivity in an organization.
Therefore the majority of respondents opinioned that its useful tool for manpower
utilization controls of production and productivity in an organization.
TABLE NO-4.9
Yearly 10 20%
Quarterly 20 40%
Total 50 100%
ANALYSIS
From the above table showing 40% respondents are given response quarterly and
then 20%,20% and 20% respondents are response for half yearly, yearly, whenever
required respectively.
GRAPH NO-4.9
INTERPRETATION:
From the above graph it can be interpreted that 40% of the respondents given the
opinion that, quarterly effective 360 degree performance appraisal should be taken
place . But some of the respondents given the opinion that, half yearly, yearly, 360
degree performance appraisal should be taken place. Therefore the majority of
respondents said that , quarterly effective 360 degree performance appraisal should be
taken place in an organization.
TABLE NO-4.10
Yes 40 80%
No 10 20%
Can’t tell 0 0%
Total 50 100%
ANALYSIS
From the above table it is analysis that 360 degree performance appraisal has
motivated employees to work better in medopharm company 80% respondents are given
Yes and 20% respondents are given No.
GRAPH NO-4.10
GRAPH SHOWING 360 DEGREE PERFORMANCE APPRAISAL
HAS MOTIVATED EMPLOYEES TO WORK BETTER.
INTERPRETATION:
From the above graph it indicates that 80% of the respondents given opinion that,
effective 360 degree performance appraisal has motivated employees to work better. But
some of the respondents opinion that, effective 360 degree performance appraisal doesn’t
motivated the employees to work better. Hence the majority of respondents are satisfied
that effective 360 degree performance appraisal has motivated employees to work better.
TABLE NO-4.11
TABLE SHOWING EMPLOYEES ARE BEING REWARDED WITH
REGARD TO THEIR 360 DEGREE PERFORMANCE ALWAYS.
Opinions No of respondents Percent
age
Neutral 10 20%
Disagree 0% 0%
Strongly disagree 0% 0%
Total 50 100%
ANALYSIS
From the above table showing 60% respondents are given response agree and
then 20%,and 20% respondents are response for strongly agree and neutral respectively.
GRAPH NO-4.11
GRAPH SHOWING EMPLOYEES ARE BEING REWARDED WITH
REGARD TO THEIR 360 DEGREE PERFORMANCE ALWAYS.
INTERPRETATION:
From the above graph it can be indicated that 60% of the respondents given
opinion that, employees are being rewarded with regard to their 360 degree performance
always. but some respondents given the opinion that employees are not being rewarded
with regard to their 360 degree performance always. Therefore the majority of
respondents are satisfied with, employees are being rewarded with regard to their 360
degree performance always.
TABLE NO-4.12
TABLE SHOWING 360 DEGREE PERFORMANCE APPRAISAL
HELPS TO CHANGE BEHAVIOR OF EMPLOYEE.
Agree 3 60%
Stronglyagree 1 20%
Neutral 1 20%
Disagree 0 0%
Strongly disagree 0 0%
Total 5 100%
ANALYSIS
From the above table showing 60% respondents are given response agree and
then 20%,and 20% respondents are response for strongly agree and neutral respectively.
GRAPH NO-4.12
GRAPH SHOWING 360 DEGREE PERFORMANCE APPRAISAL
HELPS TO CHANGE BEHAVIOR OF EMPLOYEE.
30%
50%
10%
10%
INTERPRETATION:
From the above graph shows that 60% of the respondents agreed that 360 degree
performance helps to change the behavior of employees, and 20% of the respondents are
strongly agreed ,and other 20% of the respondents neutral ,are opinion that 360 degree
performance appraisal helps to change behavior of employee.
TABLE NO-4.13
TABLE SHOWING EMPLOYEES ARE RECEIVE FEEDBACK ON
THEIR 360 DEGREE PERFORMANCE.
Yes 30 60%
No 10 20%
Sometimes 10 20%
Total 50 100%
ANALYSIS
From the above table it is analysis that employees are receive feedback on their
360 degree performance appraisal in medopharm company 60% respondents are giving
Yes, 20% respondents are given No and 20% respondents are given sometimes.
GRAPH NO-4.13
100%
90% 0.89
80%
70% 0.83
60% 0.66
50%
0.58
40%
30%
20%
10%
0 0
0%
0
1 2 0
3 4 0
5 0
INTERPRETATION:
From the above graph indicates that 60 % of the respondents are given the
opinion that employees are receive feedback on their 360 degree performance. Some
respondents are not satisfied to employees are receive feedback on their 360 degree
performance so we conclude that the majority of employees are satisfied that receive
feedback on their 360 degree performance in an organization.
TABLE NO-4.14
TABLE SHOWING 360 DEGREE PERFORMANCE APPRAISAL IS
A KEY FACTOR FOR BETTER REMUNERATION.
Opinions No of respondents Percentage
Strongly agree 24 48%
Agree 10 20%
Neutral 10 20%
Disagree 6 12%
Total 50 100%
ANALYSIS
From the above table showing 48% respondents are given response strongly
agree and then 20% and 20% respondents are response for strongly agree and disagree
respectively and 12% respondents are response for disagree.
GRAPH NO-4.14
GRAPH SHOWING 360 DEGREE PERFORMANCE APPRAISAL IS
A KEY FACTOR FOR BETTER REMUNERATION.
100%
12%
Percentage 20%
20%
48%
5000%
600%
No of respondents 1000%
1000%
2400%
0 10 20 30 40 50 60
INTERPRETATION:
The above graph show that ,48% of the employees have strongly agreed, 20% of
them have agreed that and 20% of the employees are being neutral with regard to 360
degree performance appraisal is a key factor for better remuneration. But some
respondents are not satisfied. So that we can interpret that majority of the respondents are
agree with employees are being suitably rewarded with regard to their 360 degree
performance.
TABLE NO-4.15
TABLE SHOWING WHAT IS YOUR OPINION ABOUT PRESENT
EFFECTIVE 360 DEGREE PERFORMANCE APPRAISAL.
Opinions No of respondents Percentage
Very good 20 40%
Good 10 20%
Average 10 20%
Bad 4 8%
Need improvement 6 12%
Total 50 100%
ANALYSIS
From the above table showing 40% respondents are given response very good
and then 20% and 20% respondents are response for good and average respectively and
8% and 12% respondents are response for bad and need improvement respectively.
GRAPH NO-4.15
GRAPH SHOWING WHAT IS YOUR OPINION ABOUT PRESENT
EFFECTIVE 360 DEGREE PERFORMANCE APPRAISAL.
2020
18
16
14
12
10
8 10
10
6
4
2 40%
20% 6
0 20% 4
8%
Very good Percentage
12%
Good No of respondents
Average
Bad
Need improvement
No of respondents Percentage
INTERPRETATION:
From the above graph it can be interpreted that 40 % of the respondents are given
opinion that, very good about present effective 360 degree performance appraisal. 20%
of respondents are satisfied that good ,and 20% of the respondents are opinion that
average , but some respondents are not satisfied, that present 360 degree performance
appraisal is not good and some respondents are need to improvement . so we conclude
that majority of the respondents are satisfied very good about present effective 360
degree performance appraisal.
TABLE NO-4.16
IS THE TOP LEVEL MANAGEMENT EFFICIENT IN 360 DEGREE
PERFORMANCE APPRAISAL.
Yes 38 76%
No 12 24%
Total 50 100%
ANALYSIS
From the above table it is analysis that top level management efficient in 360
degree performance appraisal in medopharm company 76% respondents are given Yes
and 24% respondents are given No.
GRAPH NO-4.16
Yes No Total
38%
50%
12%
INTERPRETATION:
From the above graph shows that 76% of the respondents are given that opinion
that, top level management efficient in effective 360 degree performance appraisal but
some respondents are not satisfied top level management is not efficient in effective 360
degree performance appraisal. finally we conclude that, top level management efficient
in effective 360 degree performance in an organization.
TABLE NO-4.17
Yes 40 80%
No 10 20%
Total 50 100%
ANALYSIS
From the above table it is analysis that 360 degree performance target are fixed at
the beginning of the performance in medopharm company 80% respondents are given
Yes and 20% respondents are given No.
GRAPH NO-4.17
GRAPH SHOWING 360 DEGREE PERFORMANCE TARGET ARE
FIXED AT THE BEGINNING OF THE PERFORMANCE
45
40 80%
40
35
30
25
20
15
10
5 20%
10
00%
0
1 0%
0
2
0%
0
INTERPRETATION:
From the above graph shows that 80% of the employees are satisfied with regard
to the 360 degree performance appraisal targets fixed at the beginning of the
performance. but some respondents are not satisfied .so we conclude that majority of the
respondents are opinioned that 360 degree performance target are fixed at the beginning
of the performance.
TABLE NO-4.18
TABLE SHOWING DIRECT COMMUNICATION PROCEDURE
ALLOWS IMPROVING ORGANIZATION WORK
Yes 40 80%
No 10 20%
Total 50 100%
ANALYSIS
From the above table it is analysis that direct communication procedure allows
improving in medopharm company work 80% respondents are giving Yes and 20%
respondents are giving No.
GRAPH NO-4.18
GRAPH SHOWING DIRECT COMMUNICATION PROCEDURE
ALLOWS IMPROVING ORGANIZATION WORK
40 80%
35
30
25
20 40
15
10 20%
5 10
0
1 2
INTERPRETATION:
From the above graph it can be interpreted that 80 % of the respondents given
opinion that, direct communication procedure allows improving organization work but
some respondents are given opinion that direct communication procedure does not help
to reach the organizational work.
TABLE NO-4.19
TABLE SHOWING COMPANY BELIEVES IN 360 DEGREE
PERFORMANCE DRIVEN CULTURE
Neutral 0 0%
Disagree 0 0%
Strongly disagree 0 0%
total 25 100%
ANALYSIS
From the above table showing 72% respondents are given response agree and
then 28% respondents are response for strongly agree.
GRAPH NO-4.19
GRAPH SHOWING COMPANY BELIEVES IN 360 DEGREE
PERFORMANCE DRIVEN CULTURE.
DEPT. OF COMMERCE, BENGALURU NORTH UNIVERSITY P.G.CENTRE-KOLAR PAGE 82
“A STUDY ON 360 DEGREE PERFORMANCE APPRAISAL ON
HUMAN RESOURCE AT MEDOPHARM, MALUR”.
No of respondents Percentage
20
18 18
16
14
12
10
8
7
6
4
2
28% 72%
0 0%
0 0%
0 0%
0
0.5 1 1.5 2 2.5 3 3.5 4 4.5 5 5.5
INTERPRETATION:
The above graph shows that, 28% of the employees have strongly agreed, 72% of
them have agreed in believing about the company’s 360 degree performance driven
culture.
CHAPTER-5
SUMMARY OF FINDINGS SUGGESTIONS & CONCLUSION
5.1 FINDINGS:
Most of the employees are clear about the objective of effective performance appraisal
system.
60% of the respondents are satisfied that effective performance appraisal is required for
your organization.
The majority of respondents are given opinion that identification of areas required for
training & development is the purpose of performance appraisal in organization.
The majority of respondents agreed that performance appraisal system is a training factor
of productivity.
80% of the respondents are given opinion that, effective performance appraisal methods
or techniques really helped to asses strength & weakness of employees.
40% of the respondents given opinion that , guidance for self development is the
recommendation given by the appraiser to increase employees performance.
80% of the respondents are clearly said that effective performance appraisal is a useful
tool for manpower utilization controls of production & productivity in an organization.
It is found that 80% of the respondents are satisfied effective performance appraisal has
motivated employees to work better.
Majority of respondents that is 60% agreed employees are being rewarded with regard to
their performance always.
The majority of the respondents are clearly said that employees are receive feedback on
their performance in on organization.
Majority of respondents agreed that effective performance appraisal is a key factor for
better remuneration.
40% of the respondents opinion that very good about present effective performance
appraisal system.
Maximum of respondents clearly said that, the top level management efficient in
effective performance appraisal.
72% of respondents are clearly tell that company believes in performance driven culture.
5.2 SUGGESTIONS:-
The Introduction of the PPM in medopharm will help in assessing the 360 degree
performance of the individual employee in order to achieve the goal of the
company. Appraisal also helps the employees to improving his/her skills through
the guidance of his/her superior to overcome the difficulties.
The company should adopt the modern techniques of 360 degree performance
appraisal.
5.3 CONCLUSION:-
The study conducted in medhopharm company regarding 360 degree performance
appraisal on human resourcesin performance appraisal the employer need to be more
open for giving proper feedback.