Académique Documents
Professionnel Documents
Culture Documents
@ ICI Pakistan
Group Members
Anam Jallil
Fahad Ali
Hassan Taqi
M. Mobeen
Introduction
→ ICI is a public limited company.
→ 61% of equity capital held by company and 39% by
the public.
→ 4 Manufacturing plants in Pakistan.
- Soda Ash at Khewra
- Speciality chemicals at Karachi
- PolyesterStaple Fibre at Sheikhupura
- Paintex at Lahore
Before 1963 _ Formal Appraisal Systems
_ Practices: adhocism, subjectivity, no involvement of rates
_ informality of procedure,” LOVE LETTER”
1963 OBJECTIVES:
. Monitor Performance
. Develop HR
. Provide opportunity
.
. -Formal Appraisal System
. -Post Appraisal interview for devising improvement plans
.
. FAULTS:
. Inability to link appraisal with business result
. Linenciecy
. Lack of guidance
1969
1970 * MBO
.
. * Assessment of potential for further growth from the appraisal system; succession plan
.
. * Long term approach; once in 2-3 yrs
.
1976
1981 * New forms introduced to appraise management trainees and management program separately
Current Scenario
• Mr. Hamid has outlined following areas of
concern in the Appraisal System:
1. Identification of Future Objectives
2. Quantification of all Aspects of Management
3. Indistinct and Numerous Categories to Rate
Annual Performance.
4. Perception about Subjectivism in Appraisal
System
Feedback from Employees
“There was no provision to explain why certain
objectives were not achieved?”