Performance appraisal system of M.I Cement Factory Ltd. (Crown Cement).

Abstract

In this report I have done a detailed analysis on the performance Appraisal of M. I. Cement Factory Ltd. (Crown Cement). Here, I have covered all the sections of the performance Appraisal process using balanced scorecard as the basis of developing a brand new performance evaluation of all the departments of Crown Cement. I have developed a balance scorecard based performance Appraisal for Marketing and Sales, Accounts, internal Audit, HR & Admin, Brand, IT and Supply Chain Management. Besides these I have also incorporated the history, Brief about the company and its performance, vision and mission, values and products of M. I. Cement Factory Ltd. (Crown Cement) and most importantly I have incorporated a brief of how HR & Admin Department does their job in M. I. Cement Factory Ltd. (Crown Cement). While making the analysis on Performance Appraisal Process I have provided detailed information about performance evaluation and I have covered all the related factors with it and in addition to that I have tried to incorporate the theories that I have learned with the practices I have seen. This report also provides a brief overview on different tasks I had to perform during my internship, the responsibilities I had to handle during the internship, my personal observation regarding the critical issues, the lacking of the HR Department and my recommendations for improving the total HR practices of M. I. Cement Factory Ltd. (Crown Cement). Then I have presented the detailed analysis of how I have conducted the performance Appraisal in the light of Balance Scorecard, by analyzing workload, Job Description, quantitative data analysis and by analyzing business processes of M. I. Cement Factory Ltd. (Crown Cement). Then I have drawn a conclusion which sum up all the analysis and finally I present the format I have successfully introduced at M. I. Cement Factory Ltd. (Crown Cement) and which will be implemented as official performance Appraisal Method from now on.