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Performance appraisal powers growth at Havell’s India : Company identifies and invests in talented people early

Geeta Rana (Department of Management, The Roorkee Institute of Technology, Roorkee, Uttrakhand, India)

Human Resource Management International Digest

ISSN: 0967-0734

Article publication date: 8 July 2014

813

Abstract

Purpose

This paper aims to explores the development of a new performance-appraisal system that has enabled Havell’s, one of India’s largest and fastest-growing electrical and power-distribution-equipment manufacturers, to identify and invest in talented people early to build their skills.

Design/methodology/approach

A wide range of performance-appraisal issues has been examined.

Findings

This paper reveals that appraisals are plotted on a performance matrix tool that not only evaluates the “what” of performance but also the “how”. The system provides feedback from superior, peer group and subordinates. Assessment on potential is communicated transparently to all employees for building the competencies linked to successful performance.

Practical implications

It is suggested that organizations should develop a transparent performance-management system to bring out the best in people.

Social implications

This paper argues that, if performance-appraisal practices are effectively managed and successfully deployed, they could increase the long-term satisfaction of employees.

Originality/value

This paper provides plenty of useful information about an important issue.

Keywords

Citation

Rana, G. (2014), "Performance appraisal powers growth at Havell’s India : Company identifies and invests in talented people early", Human Resource Management International Digest, Vol. 22 No. 5, pp. 8-10. https://doi.org/10.1108/HRMID-07-2014-0094

Publisher

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Emerald Group Publishing Limited

Copyright © 2014, Emerald Group Publishing Limited

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