Performance Management System in Fakir Fashion Ltd.

Abstract

Fakir Fashion Ltd. is the concern of Fakir Group. Founded by Mr. Fakir Badruzzaman and led by his determined and progressive sons, Mr. Fakir Kamruzzaman Nahid and Mr. Fakir Wahiduzzaman Riyead, their business acumen is the grooming result of generations of entrepreneurship. Fakir Fashion Limited (FFL) opened its door to the apparel manufacturing business in 2009 as an independent vertically integrated knit garment setup from other Fakir Group businesses already in existence. Since its inception, FFL has gone from strength to strength in becoming a leading apparel manufacturer in Bangladesh. With over 50+ tons of knitting, 55+ tons of dyeing and 230+ sewing lines, FFL has positioned itself at the forefront of the apparel manufacturing sector by utilizing a combination of innovation and visionary leadership. Today it is adding value to the country’s economy by bringing millions of dollars in business from foreign markets and acting as a flag bearer for the ‘Made in Bangladesh’ brand. In this report, I have given an overview of the HR Roles in upholding employee performance management in Fakir Fashion Ltd. which I came to learn after three months of involvement. This report portrays my internship tasks which I had to carry out for different managerial functions in order to complete the job tasks. The report also covers how the employees are monitored, how does their entire development process go by and the basis of the evaluation of individual performance. Even though Fakir Fashion Ltd. did not allow me with all the information, but I tried my best to cover every other detail those were not confidential in this report. Finally, the report says about my findings and recommendations for Fakir Fashion Ltd. where I have covered the objectives and methods used to rate an employee’s performance with proper feedback enhancing business performance and increasing the employee productivity.