Performance Appraisal System

Topics: Reliance Industries, Mukesh Ambani, Dhirubhai Ambani Pages: 41 (11626 words) Published: April 7, 2011
PN. NO: +919313433806



I sincerely express my profound sense of veneration to Mr.UMESH ROY
(Deputy Manager, Human Resources, Reliance Retail, DELHI) for his
esteemed encouragement and support throughout the project.
I would like express my sincere gratitude and thanks to Prof: MANWAR SINGH
(H.R. Faculty, IMM Delhi) for his invaluable Guidance, immense patience and for his constant encouragement during the project.
I am also thankful to the staff members of Human Resources Department
for guiding me throughout the project.



| Acknowledgement| 2|
1| Company Profile| |
| * Reliance Group | 4|
| * Products & Brands| 9|
| * Major Subsidiaries & Associates| 11|
| * Awards & Achievements| 12|
| * Reliance Retail Ltd: The Mega Retail Story| 16|
2| Introduction to the Topic| 27|
3| Pre-requisites of Performance Appraisal System| 28|
4| Objectives & Scope| 29|
5| Purpose of Appraisal| 30|
6| Summary of the Process| 32|
7| Important Definitions| 33|
8| Performance Appraisal Process| 39|
9| Normalization| 45|
10| Performance Appraisal- Guidelines| 50|
11| Giving Feedback| 59|


The Reliance Group, founded by Dhirubhai H. Ambani (1932-2002), is India's largest private sector enterprise, with businesses in the energy and materials value chain. Group's annual revenues are in excess of US$ 44 billion. The flagship company, Reliance Industries Limited, is a Fortune Global 500 company and is the largest private sector company in India. Backward vertical integration has been the cornerstone of the evolution and growth of Reliance. Starting with textiles in the late seventies, Reliance pursued a strategy of backward vertical integration - in polyester, fibre intermediates, plastics, petrochemicals, petroleum refining and oil and gas exploration and production - to be fully integrated along the materials and energy value chain. The Group's activities span exploration and production of oil and gas, petroleum refining and marketing, petrochemicals (polyester, fibre intermediates, plastics and chemicals), textiles, retail and special economic zones. Reliance enjoys global leadership in its businesses, being the largest polyester yarn and fibre producer in the world and among the top five to ten producers in the world in major petrochemical products. Major Group Companies are Reliance Industries Limited (including main subsidiary Reliance Retail Limited) and Reliance Industrial Infrastructure Limited.


With a vision to generate inclusive growth and prosperity for farmers, vendor partners, small shopkeepers and consumers, Reliance Retail Limited (RRL), a subsidiary of RIL, was set up to lead Reliance Group’s foray into organized retail. Since its inception in 2006, Reliance Retail Limited (RRL) has grown into an organisation that caters to millions of customers, thousands of farmers and vendors. Based on its core growth strategy of backward integration, RRL has made rapid progress towards building an entire value chain starting from the farmers to the end consumers. In the last year, Reliance Retail Limited (RRL) continued to fulfill its commitment of enriching Indian consumer’s shopping experience and providing quality merchandise at an attractive value proposition. More than 3 years into operation, RRL has now expanded its presence in more than 85 cities across 14 states in India. RRL forged ahead with its expansion plans and rolled out stores across the country. RRL’s footprint now spans a network of more than 1,000 stores. RRL operates several ‘value’ & ‘specialty’ formats. The ‘value’ formats that RRL operates are: ‘Reliance Fresh’, a neighborhood concept, ‘Reliance Mart’,...
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