Performance evaluation at Opsonin Pharma Limited

This internship report is submitted in a partial fulfillment of the requirements for the degree of Master of Business Administration, 2015.

ग्रंथसूची विवरण
मुख्य लेखक: Zoha, Md. Samauz
अन्य लेखक: Hauqe, Shamim Ehsanul
स्वरूप: Internship report
भाषा:English
प्रकाशित: BRAC University 2016
विषय:
ऑनलाइन पहुंच:http://hdl.handle.net/10361/5045
id 10361-5045
record_format dspace
institution Brac University
collection Institutional Repository
language English
topic Business administration
MBA
Opsonin Pharma Limited
spellingShingle Business administration
MBA
Opsonin Pharma Limited
Zoha, Md. Samauz
Performance evaluation at Opsonin Pharma Limited
description This internship report is submitted in a partial fulfillment of the requirements for the degree of Master of Business Administration, 2015.
author2 Hauqe, Shamim Ehsanul
author_facet Hauqe, Shamim Ehsanul
Zoha, Md. Samauz
format Internship report
author Zoha, Md. Samauz
author_sort Zoha, Md. Samauz
title Performance evaluation at Opsonin Pharma Limited
title_short Performance evaluation at Opsonin Pharma Limited
title_full Performance evaluation at Opsonin Pharma Limited
title_fullStr Performance evaluation at Opsonin Pharma Limited
title_full_unstemmed Performance evaluation at Opsonin Pharma Limited
title_sort performance evaluation at opsonin pharma limited
publisher BRAC University
publishDate 2016
url http://hdl.handle.net/10361/5045
work_keys_str_mv AT zohamdsamauz performanceevaluationatopsoninpharmalimited
_version_ 1814307691834638336
spelling 10361-50452019-09-30T03:55:36Z Performance evaluation at Opsonin Pharma Limited Zoha, Md. Samauz Hauqe, Shamim Ehsanul BRAC Business School, BRAC University Business administration MBA Opsonin Pharma Limited This internship report is submitted in a partial fulfillment of the requirements for the degree of Master of Business Administration, 2015. Cataloged from PDF version of Internship report. Includes bibliographical references (page 29). Opsonin Pharma Limited is a private limited company. Opsonin is committed to improve its position continuously as a Leading Pharmaceutical company in Bangladesh and strengthen its global presence. Opsonin creates value for its customers and other stakeholders by providing highest quality health care solutions through appropriate application and development of resources and processes. . Its main market is in Southeast Asia Africa Eastern Asia. It is involved with manufacturing, distributing and wholesaling. Main products of Opsonin Pharma includes Antihistamines, vitamins and minerals, NSAIDS, Antispasmodics, Corticosteroids, Laxatives, Expectorants, Analgesics, Antiprotozoals, and Anti-diarrhoeals. Opsonin Pharma Limited is renowned for its outstanding product quality, world class manufacturing facilities, product development capabilities and unparalleled services. Environment, health and safety are an integral part of Opsonin’s corporate responsibility. As a pharmaceutical company, they improve health not only through the production and distribution of medicine to our consumers, but also through our commitment to protect the environment, health and safety of our co workers and the communities where they operate. My internship report on Opsonin Pharma Limited is to study performance evaluation practice of the company finding lacking and corrective actions. In this consideration I have presented the existing practice. Base on Key result area performance of employees is evaluated by the departmental heads. Performance evaluation form is circulated at the end of the year. Form is filled up both the apprise and appraiser. There is a scoring where A (90 and above) stands for outstanding performance. All functional head forward performance appraisal form to HRD. Then HRD summaries the evaluation and make a promotion and upgradation committee. The committee decides the employees entitled for promotion and upgradation. In the performance evaluation of Opsonin Pharma Ltd. I have the following findings:  Though Opsonin Pharma Limited has well-structured policies and procedures for performance evaluation but there are some lacking in the area of setting KRA (Key result area) and properly evaluating employees by the departmental heads.  Though there is a provision for weightage in key performance areas but it is not being implemented due to lack of coordination. Say for example, commercial departments tasks is delayed by non-cooperation of other functional areas. As a result they are not interested to set fix any time frame base on which performance can be evaluated.  Within the fixed time frame performance evaluation is not done due to lack of coordination from other departments that should be improved.  Opsonin Pharma has no formal (written) vision, mission and goals and Organizational Objectives that is a serious issue to be defined. In this regard I have the following recommendation: For evaluating performance properly Opsonin Pharma Should take initiative to redesign job structure as well as Job description, Specification. Opsonin should introduce vision, mission, goals and organization objectives of the organization. After setting organizational objectives we should introduce departmental objectives which will help us to define Key result area. After setting KRA weight should be given and then proper monitoring of an incumbents responsibility should be done through the departmental Heads. Departmental Head should properly introduce with the performance evaluation, setting KPI aligned with the organizational objectives. Md. Samauz Zoha M. Business Administration 2016-02-16T11:03:03Z 2016-02-16T11:03:03Z 2015 2015-12-19 Internship report ID 13364024 http://hdl.handle.net/10361/5045 en BRAC University Internship reports are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. 29 pages application/pdf BRAC University