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MANAGEMENT SYSTEM
PRESENTED BY:
TEAM 6:
KAPIL RAINA
NEERAJ MISHRA
RACHANA KUMARI
APURVA CHOUDHARY
SONAM JAGGA
SANJEEV AGARWAL
PERFORMANCE
MANAGEMENT SYSTEM
DRAWBACKS:
Though system is doing well
presently but as everything is
standardized so can lead to less
consideration of human factors so HR
as a human science can lose its
significance.
ANALYSIS (CONTD.)
SUGGESTIONS:
Rather than making whole process
completely technical, monitoring of the
process can be done by skilled experts
so it will be less time consuming as well
as will take variables and special cases
into consideration.
PUNJAB NATIONAL BANK
Registered on May 19th 1894 under
Indian Companies Act, with its office in
Lahore.
Founded by- Dayal Singh Majithia
Lala Harikrishen Lal
Second Largest Govt. Owned Bank with
4500 Branches Across 764 cities.
Ranked 1243 in Forbes Global 2000.
Chairman- Dr. K.C. Chakravorty
Employees- 58300
HR Perspective
PNB Pariwar
Mission-Committed work force
Emphasis on ethical conduct
People Soft
PERFORMANCE
MANAGEMENT
Development Oriented Appraisal.
The company follows a Self Appraisal
Method, which is then assessed(rated) by
the senior authority, and then goes to the
higher authorities for the sanction.
Appraisal is done on the Achievement
Figure Indicator, which includes business
indicators like deposits, advances.
In addition to this performance appraisal
breakup is also based on various other
activities like CR, Sanction overdue for
renewal, No. of complaints
outstanding, no. of offices visited, no.
of villages adopted(in case of rural
schemes which the bank launches)
ANALYSIS OF PERFORMANCE
MANAGEMNT SYSTEM
The system of Performance Management is
traditional and needs to be changed and given
a modernized approach like BARS, BOS.
SUGGESTIONS
a. The System should be more be more fair
and transparent, the traditional approach
involves biasness at some point of time.
b. More emphasis should be laid on the fact
that when measuring the performance by
productive measures it should be taken into
account whether the employee is primarily
responsible for the amount of production.
c. The Performance System can involve the
3600 approach.
Wipro
Wipro started as a edible oil
producer in 1945 under the name
Western India Vegetable Products
Chairman- Azim Premji
In 1977 it entered the IT segment.
Third largest IT services company in
India
3rd Best HR Management company in
India
Employees- 97250 as on November
HR POLICIES
Internal Recruitment
Intensive Training
Job Rotation