Research on Performance Appraisal at NOVARTIS ENTERPRISES LIMITED

abhishreshthaa

Abhijeet S
Purpose and objective
The study is conducted on NOVARTIS ENTERPRISES LIMITED to know:
Why are the appraisals carried out (objective)?
How and when are the appraisals carried out in the organization?
What are the job factors considered for performance evaluation?
What kinds of rewards are given to motivate the employees?
Importance of performance review and counseling.
Research methodology:
The data source: Primary as well as secondary.
The research approach: Survey method.
The research instrument: Questionnaire.
The respondent: Mr. Deepak Rege.
General Manager (H.R&I.R)
Novartis Enterprises Limited.





COMPANY PROFILE
NOVARTIS - The largest corporate merger in history. The name “Novartis” comes from the Latin term novae arts which mean ‘New Arts’ or ‘Skills’. “Novartis” means utilizing scientific research, imagination and new technologies to provide ever greater benefits for humankind. Commitment to new skills focuses on Research and Development to bring innovative new products to the communities they serve.

Novartis in a Snapshot
In 1996, the merger of the Ciba-Geigy and Sandoz companies provided them with the unique opportunity to build Novartis with its own personality and
identity: A straightforward leading company focusing on entrepreneurship, competence, knowledge and a spirit of deep company-wide collaboration.

Today, Novartis is…
 A global lead healthcare.
 Providing products and services that will help protect and ensure the well being of people and animals all over the world.
 Driven by a high-performance workforce.
 Operating in more than 140 countries.

The collaboration of their people has largely been instrumental in achieving what they are today.
Finally, Novartis means Novartis People that made the difference. People who maintain health, treat and cure disease in terms of scientific discovery, technological expertise, financial performance, social and environmental commitments.

Purpose

Their purpose is to discover, develop and successfully market innovative products to cure diseases, to ease suffering and to enhance the quality of life. We also want to provide a shareholder return that reflects outstanding performance and to adequately reward those who invest ideas and work in our company.

Aspirations

They want to be recognized for having a positive impact on people’s lives with their products, meeting needs and even surpassing external expectations. They strive to create sustainable earnings growth, ranking in the top quartile of the industry and securing long term business success. They want to build a reputation for an exciting workplace in which people can realize their professional ambitions. They strive for a motivating environment where creativity and effectiveness are encouraged and where cutting edge technologies are applied.

In addition, they want to contribute to society through their economic contribution, through the positive environmental and social benefits of their products, and through open dialogue with their stakeholders.

Why work @ Novartis?
Ten good reasons to take a closer look.
Because Novartis is…
A leader in the field of Healthcare
A high performing company
Investing highly in Research & Development
Striving for operational excellence in whatever they do
Remaining at the cutting edge of technology
Relentlessly innovating new products and services
Continuously developing collaborative relationships with external partners
Looking out for the best people in industry
Providing a variety of opportunities to work in different businesses, countries and jobs
Offering competitive terms and benefits

Communications

Around the world, they are dedicated to the communities in which they work and to the people they serve. They operate under this basic tenet, and it is important to them that all are well informed about their views and principles.

Novartis Companies in India
Novartis India Limited

Novartis Enterprises Limited

Novartis Nutrition India Limited

Novartis Enterprises Limited

The company started as Novartis Enterprises Private Limited in the year 1997 as an Export Company - 100% Basle ownership . With effect from July 1, 1999, pursuant to the changed status of the company from a Private Company to a Deemed Public Company, the name of the Company to “Novartis Enterprises Limited”.

Since the inception of the company they have acquired world class expertise in developing and manufacturing Active Pharmaceutical Ingredients (API), intermediates and formulations.

At Novartis Enterprises Limited through their core competencies they aim at providing high quality and cost effective pharmaceutical products worldwide.

Main Areas of Activity of Novartis Enterprises Limited (NEL)

Exports and souring of group companies/Contract Manufacture
Research & Development/Group Activities
Production
Market Access via bilateral and multilateral agreements
Holding Company for new Businesses
 
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