2015-16

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Browsing 2015-16 by Author "Lakshmi, Suresh"

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    A Study on Performance Appraisal at Future Lifestyle Fashions Limited WIth Reference to Central-3 Bellandir
    (2016-09-07T13:28:16Z) Lakshmi, Suresh
    This project is based on the “Performance Appraisal system” prevalent at M/S Future Lifestyle Fashion Limited. Future Lifestyle Fashions Ltd. or FLF is a wholly owned subsidiary of Future Group which offers a strong portfolio of own brand and licensed brand merchandise to the middle class and upper class customers across India as an organised retail body. FLF aims to unite fast growing fashion brands having a strong distribution network, under a single entity. FLF is a unique player in the fashion industry that is primed to gain leadership in building both fashion brands and fashion retailing in India. This study was conducted at CT-Soul Space (Central Mall Bellandur Bangalore). The study about the appraisal system was conducted by thorough review of the performance appraisal system. Interviews were conducted with the HR organization and the line managers to draw conclusion about the existing appraisal system. The organisation has about 300 regular employees and the survey was conducted with active participation of 100 employees. Accordingly a method of study by means of survey with the employees were designed. Various amendments were to be made during the design of survey based on the line managers feedback with regard to their employees education level and language proficiency. The survey was rolled out with the consent of HR organization and was supported fully by the line managers. Awareness levels of the appraisal process was fully analysed and conclusions were drawn. Accordingly suggestions for improvement and analysis summary are listed in the project report.