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Performance Appraisal Management

Executive Summary 
The project submitted is done at MRF Tyres Limited at Kottayam. This project was conducted to find how MRF managing their Performance Appraisal. The problem identified for this study is worded as “How effective the performance appraisal management in MRF”. The aim of identifying this problem is to be able to analyze and find out the inherent weaknesses in the performance appraisal of the organization, so as to make necessary suggestions for making it more effective. 
The study was conducted on 50 permanent executives. Data collected from the respondents were based on structured questionnaires and the research design adopted was descriptive. The study enabled the researcher to consolidate the opinion and suggestions of executive staffs with regard to performance appraisal. 
Finally a conclusion was drawn along with the findings and suggestions from the analysis of the data collected. 

INTRODUCTION

An Organization is a combination of various talented people in different areas of work, who are joined together for attaining some common objectives.  It demands the co-operation and the co-ordination from the part of its employees.  Once the employee has been selected, trained and motivated, he is then appraised for his performance.  Performance appraisal is the step where the management finds out how effective it has been at hiring and placing employees.
The strength of any organization is its people. If people are attended to work properly they can recognize their talents by developing their capabilities and utilizing them appropriately, organizations are likely to be dynamic and grow fast. Ultimately the varieties of tasks in any organizations have to accomplish by the people. Some of them may have capabilities to do certain tasks better than other tasks. And some of them may not have capabilities to do the task assigned to them. In this situation one of the important activities we conduct by any organization is the Performance Appraisal...