NMIMS PERFORMANCE MANAGEMENT SYSTEM

Performance Management System

1. Rakesh Kumar is working at Jayesh Industries as Manager in the Operations Department. Akshay Shroff works in Rakesh&rsquos team as &lsquo&rsquoExecutive &ndash Operations&rsquo&rsquo. Akshay joined the company since 2 years. Though he works hard, he is not effective in meeting project timelines and often has errors in his work. It is appraisal time and Rakesh has to give performance feedback to Akshay. He does not want to demotivate Akshay yet he needs to give him the negative feedback. How should Rakesh handle the process of negative feedback. 10 Marks

2. Aarti Desai has joined as an HR Manager at Highmart which is a food chain across cities in India. Aarti has interacted with young employees across the company and all of them have expressed the need for the company to launch a Mentoring Program. The company has high attrition and new recruits could benefit from such a program. How should Aarti go about the process of introducing the Mentoring Program. Do also give an interesting brand name to the Mentoring program. 10 Marks

3. Sidharth is the HR Manager at NewZone which is a furniture company. The company has 2000 employees and is growing rapidly. Sidharth would like to introduce the 360-degree feedback process.

a. Design a 360 degree form 5 Marks

b. What are the pitfalls in 360-degree feedback that Sidharth should take care to avoid

5 Marks

Procurement Management

1. What is the relevance of Vendor Managed Inventory in supply chain management Discuss the various features of VMI. Elucidate the various aspects involved in successful implementation of VMI in special reference to retail sector. 10 Marks

2. Discuss the pricing strategies in case of an E-procurement platform. Discuss the relevance of online auctions in the E-procurement ecosystem. 10 Marks

3. a. Consider yourself as a local tyre manufacturing firm entering into the import of the tyres. What sort of questions will you come across in the thought process in terms of costs related to the import 5 Marks

3. b. Enumerate the steps for developing transportation related strategies. 5 Marks

Project Management

1. Your organization is looking for procuring project management software. You are asked to prepare a file note describing how this software will help your organization. You are required to list at least three project management software tools with details such as salient features, cost, etc. You are also asked to recommend a specific software tool with proper justification. Please introduce your organization before sharing your file note. 10 Marks

2. You are celebrating the successful completion of a project. During the party, the Vice President of Projects in your organization pulled you aside and asked you the secret of the success of the project. You shared few points, which seemed to have impressed her. Next day, you got an email from her to submit a brief report describing the key factors that led to successful completion of your project. The report is also expected to provide top two recommendations to other project managers. Please introduce your organization before sharing your brief report. 10 Marks

3. &ldquoNo I have worked on this concept for so long and I don&rsquot want some bean counters coming and telling me to stop working on it&rdquo Natasha was very upset since the Head of Accounting & Finance department have told her boss to immediately stop the work as his department didn&rsquot find the proposed project financially viable.

&ldquoDon&rsquot get emotional&rdquo Jaywant started talking to Natasha. Being a good friend, Jaywant wanted to help her. &ldquoFirst of all, tell me how the NPV and IRR figures looked for your proposed project.&rdquo &ldquoI am not sure,&rdquo Natasha was candid. &ldquoI didn&rsquot do those calculations since I was busy with other parts of the project proposal.&rdquo

&ldquoThat&rsquos a great mistake, I must say. You must do these calculations and then get them verified by our Accounting & Finance department. I can help but I would suggest you take help of Manish. He is not only expert is this type of analysis but he also respects your engineering abilities and will surely like to find the way out to save your proposed project&rdquo Jaywant&rsquos words helped Natasha to get out of her chair as she moved to her phone for calling Manish.

a. How will Manish explain the concept of NPV to Natasha 5 Marks

b. How will Manish explain the concept of IRR to Natasha 5 Marks