EXECUTIVE SUMMARY This document aims at providing employees and management members with the information that can be beneficial both personally and professionally. Every business enterprise has certain core values along with multiple objectives including of adequate profit for payment of a reasonable rate of return to the owners and for investment in business through satisfaction of customers, maintenance of a contended workforce and creation of a public image. This project entitled as “ORGANISATIONAL STUDY OF NTPC AT RIHAND NAGAR” was done to find out the level of actualization of core values. The core values of NTPC are B-COMIT, which reflects Business Ethics, Customer Focus, Organizational & Professional Pride, Mutual Respect & Trust, Innovation & Speed, and Total Quality for Excellence. This project was conducted in NTPC Rihand .The survey was conducted for the purpose of primary data collection through questionnaire having a scale of 1-5; it was to be filled by the employees irrespective of their department and grade. The sample size which we have taken is 304 including all executives and non- executives in which the minimum no. of workmen & executives are distributed as below:- The secondary data was collected through internet and journals of NTPC The hypothesis which was taken for the project was that the core values of NTPC are conducive. After the data analysis we found out that the hypothesis is proved right. The total average score for the employees is 3.83 in a scale of 1-5, which means that the core values actualization is good at NTPC, Rihand. The average score for the Employees for each grade were above 3, which reflect that the core values are good at NTPC Rihand.
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EXECUTIVE SUMMARY
This document aims at providing employees and management members with the
information that can be beneficial both personally and professionally. Every business
enterprise has certain core values along with multiple objectives including of adequate
profit for payment of a reasonable rate of return to the owners and for investment in
business through satisfaction of customers, maintenance of a contended workforce and
creation of a public image. This project entitled as “ORGANISATIONAL STUDY OF
NTPC AT RIHAND NAGAR” was done to find out the level of actualization of core
values. The core values of NTPC are B-COMIT, which reflects Business Ethics,
Customer Focus, Organizational & Professional Pride, Mutual Respect & Trust,
Innovation & Speed, and Total Quality for Excellence.
This project was conducted in NTPC Rihand .The survey was conducted for the
purpose of primary data collection through questionnaire having a scale of 1-5; it was to
be filled by the employees irrespective of their department and grade. The sample size
which we have taken is 304 including all executives and non- executives in which the
minimum no. of workmen & executives are distributed as below:-
The secondary data was collected through internet and journals of NTPC
The hypothesis which was taken for the project was that the core values of
NTPC are conducive. After the data analysis we found out that the hypothesis is proved
right. The total average score for the employees is 3.83 in a scale of 1-5, which means
that the core values actualization is good at NTPC, Rihand. The average score for the
Employees for each grade were above 3, which reflect that the core values are good at
NTPC Rihand.
The core values reflects the work culture & ethics of an organization, as
NTPC is one of the Maharatna Company & its values are well defined as per the result
we have got.
PROFILE OF NTPC
OVERVIEW OF POWER SECTOR
Introduction
The power sector has registered significant progress since the process of planned
development of the economy began in 1950. Hydro -power and coal based thermal
power have been the main sources of generating electricity. Nuclear power
development is at slower pace, which was introduced, in late sixties. The concept of
operating power systems on a regional basis crossing the political boundaries of states
was introduced in the early sixties. In spite of the overall development that has taken
place, the power supply industry has been under constant pressure to bridge the gap
between supply and demand.
Growth of Indian power sector
Power development is the key to the economic development. The power Sector has
been receiving adequate priority ever since the process of planned development began
in 1950. The Power Sector has been getting 18-20% of the total Public Sector outlay in
initial plan periods. Remarkable growth and progress have led to extensive use of
electricity in all the sectors of economy in the successive five years plans. Over the
years (since 1950) the installed capacity of Power Plants (Utilities) has increased to
89090 MW (31.3.98) from meagre 1713 MW in 1950, registering a 52d fold increase in
48 years. Similarly, the electricity generation increased from about 5.1 billion units to
420 Billion units – 82 fold increases. The per capita consumption of electricity in the
country also increased from 15 kWh in 1950 to about 338 kWh in 1997-98, which is
about 23 times. In the field of Rural Electrification and pump set energisation, country
has made a tremendous progress. About 85% of the villages have been electrified
except far-flung areas in North Eastern states, where it is difficult to extend the grid
supply.
Structure of power supply industry
In December 1950 about 63% of the installed capacity in the Utilities was in the private
sector and about 37% was in the public sector.
In the Constitution of India "Electricity" is a subject that falls within the concurrent
jurisdiction of the Centre and the States. The Electricity (Supply) Act, 1948, provides
an elaborate institutional frame work and financing norms of the performance of the
electricity industry in the country. The Act also provided for creation of central
generation companies for setting up and operating generating facilities in the Central
Sector. The Central Electricity Authority constituted under the Act is responsible for
power planning at the national level. In addition the Electricity (Supply) Act also allowed
from the beginning the private licensees to distribute and/or generate electricity in the
specified areas designated by the concerned State Government/SEB.
The policy of liberalization the Government of India announced in 1991 and consequent
amendments in Electricity (Supply) Act have opened new vistas to involve private
efforts and investments in electricity industry.
Current scenario in power sector
Generation
India has the fifth largest generation capacity in the world with an installed capacity of
152 GW as on 30 September 2009, which is about 4 percent of global power
generation. The top four countries, viz., US, Japan, China and Russia together
consume about 49 percent of the total power generated globally. The average per
capita consumption of electricity in India is estimated to be 704 kWh during 2008-09. In
order to provide availability of over 1000 units of per capita electricity by year 2012, it
has been estimated that need-based capacity addition of more than 100,000 MW would
be required.
TransmissionThe current installed transmission capacity is only 13 percent of the total installed
generation capacity3. With focus on increasing generation capacity over the next 8-10
years, the corresponding investments in the transmission sector is also expected to
augment. The Ministry of Power plans to establish an integrated National Power Grid in
the country by 2012 with close to 200,000 MW generation capacities and 37,700 MW of
inter-regional power transfer capacity. Considering that the current inter-regional power
transfer capacity of 20,750 MW4, this is indeed an ambitious objective for the country.
DistributionWhile some progress has been made at reducing the Transmission and Distribution
(T&D) losses, these still remain substantially higher than the global benchmarks, at
approximately 33 percent. In order to address some of the issues in this segment,
reforms have been undertaken through unbundling the State Electricity Boards into
separate Generation, Transmission and Distribution units and privatization of power
distribution has been initiated either through the outright privatization or the franchisee
route; results of these initiatives have been somewhat mixed. While there has been a
slow and gradual improvement in metering, billing and collection efficiency, the current
loss levels still pose a significant challenge for distribution companies going forward.
The problem which the power sector facing is that continues increase in
demand and limited supply, this can be seen.
Power Sector Companies
India’s Electricity is set to see a huge boom as the 8-9% economic growth rates require
massive amounts of energy. India is planning to nearly treble its electricity capacity to
almost 450 GW by 2020 from around 160 GW now which means a yearly addition of
nearly 23 GW in the next decade. Currently India’s Electricity comes mostly from Coal
and Hydro Based Energy. Almost 50% of Energy Requirements and 53% of the
Electricity is generated from Coal. Despite Coal being the Dirtiest Form of Energy, India
has got little choice in the matter. Most of India’s upcoming Electricity Plants are based
on Coal. Hydro Energy is generated mostly from India’s Northern Himalayan States.
Renewable Energy forms only 7.7% of the Capacity with around 11 GW of the 16 GW
from Wind Energy. Nuclear Energy is around 3% of the total capacity at around 4.5
GW. Here is the list of the major power utilities in the country which is currently
dominated by the state run PSUs.
1) NTPC
2) NHPC
3) Tata Power
4) Reliance Power
5) Adani Power
6) Damodar Valley Corporation
7) Lanco Infratech
8) SJVN
9) Nuclear Power Corporation of India (NPCIL)
10) CLP Power
11) Neyveli Lignite Corporation
12) Torrent Power
Other Private Groups that are setting up big power capacities are JSW Energy, Sterlite
• Excellence: We must constantly strive to achieve the highest possible standards
in our day-to-day work and in the quality of the goods and services we provide.
• Unity: We must work cohesively with our colleagues across the group and with
our customers and partners around the world, building strong relationships
based on tolerance, understanding and mutual cooperation.
• Responsibility: We must continue to be responsible, sensitive to the countries,
communities and environments in which we work, always ensuring that what
comes from the people goes back to the people many times over
Core values of Accenture
Stewardship
Fulfilling our obligation of building a better, stronger and more durable company for
future generations, protecting the Accenture brand, meeting our commitments to
stakeholders, acting with an owner mentality, developing our people and helping
improve communities and the global environment.
Best People
Attracting, developing and retaining the best talent for our business, challenging our
people, demonstrating a “can-do” attitude and fostering a collaborative and mutually
supportive environment.
Client Value Creation
Enabling clients to become high-performance businesses and creating long-term
relationships by being responsive and relevant and by consistently delivering value.
One Global Network
Leveraging the power of global insight, relationships, collaboration and learning to
deliver exceptional service to clients wherever they do business.
Respect for the Individual
Valuing diversity and unique contributions, fostering a trusting, open and inclusive
environment and treating each person in a manner that reflects Accenture’s values.
Integrity
Being ethically unyielding and honest and inspiring trust by saying what we mean,
matching our behaviors to our words and taking responsibility for our actions.
Core Value of NTPC
The NTPC Core Values are:
• Business Ethics
• Customer Focus
• Organizational & Professional Pride
• Mutual Respect & Trust
• Innovation & Speed
• Total Quality for Excellence
The key challenges in the context of our values are actualization and relevance. To
actualize our core values and ensure that they remain relevant, we have taken various
steps, namely, creating a weight age for values in our Performance Management
Systems; Conduct training programmes on values and including sessions on values in
our key programmes; Rewarding value based behavior and creation of Value
Actualization Task force. A Vision & Values Revisit Workshop by our top management
is a major component of our core value actualization.
A culture of celebrating achievements and a strong focus on performance are a way of
life in NTPC. Performance and achievements are an outcome of constant learning and
its application; Performance management; Rewards and recognitions; Provision of
opportunities to create and compete; seeking feedback from employees and genuine
interest and concern for employees.
NTPC holds pride in its systems for providing a good quality of work-life to its
employees. In addition to providing beautiful and safe work places, NTPC encourages a
culture of mutual respect and trust amongst peers, superiors and subordinates.
Away from hectic city life, NTPC townships provide an environment of serenity, natural
beauty and close community living. Numerous welfare and recreation facilities including
schools, hospitals and club are provided at township to enhance quality of life and well
being of employees and their families. An entire range of employee benefits ranging
from child care leave to post retirement medical benefits are extended to employees to
meet any exigency that may arise in a person's life.
NTPC has, from its inception created a culture of rewards and recognitions through
celebration of various achievements and events and recognizing the contributions of
employees/teams behind such success. There are reward schemes for individual and
teams excelling in their work right from the stage of project construction to the running
of the power station, as well as, awards for special events/ competitions where
employees can demonstrate their competence and skills. NTPC also recognizes the
contribution of employees’ families through involving them in various events and
competitions.
RESEARCH METHODOLOGY
RESEARCH METHODOLOGY
Research is a systematic method of finding solutions to problems. It is essentially an
investigation, a recording and an analysis of evidence for the purpose of gaining
knowledge. According to Clifford woody, “research comprises of defining and redefining
problem, formulating hypothesis or suggested solutions, collecting, organizing and
evaluating data, reaching conclusions, testing conclusions to determine whether they fit
the formulated hypothesis”
Hypothesis We have taken an assumption that the core values of NTPC is
conducive i.e. the employees believe in core values of the company and works
according to that.
Research Design
Research design is the plan for the conduct of actual research investigation. Such
design provides guideline for the researcher to keep a track on his actions and to know
that he is moving in the right direction on data collection.
Research Objective
• To know, whether the employees of NTPC Rihand believe in core values of
NTPC and to provide any suggestions if required.
• To know the thinking of different grades of employees of NTPC Rihand in terms
of core values.
Data Sources
a. Primary Data:-
Primary data are the data gathered for the specific research project and are
directly taken from the very source of information.
• Responses of Employees through Questionnaire.
• Personal Interview with the Employees of NTPC
a. Secondary Data:-
Secondary data are the data, which already exists and were collected for some
other purpose or for similar previous studies. Secondary data were proved to be
instrumental in structuring the questions to be asked for collecting primary data.
• Various books on Human resources.
• Website of NTPC, www.ntpc.co.in
• NTPC document and magazines.
• Journals
Research Approach
Primary data can be collected in several different ways these methods of collecting
primary data are called research approaches. Research approaches are of following
types:-
• Observational research
• Focus group research
• Survey research
• Experimental research.
• Behavioral data research
For this project the survey research method was adopted, and a survey was conducted
in which employees were interviewed to know how far employees are satisfied of
NTPC.
Sample Design
A sample design is a finite plan for obtaining a sample from a
given population. Simple random sampling is used for this study.
a) Sample population
It is segment to Executive class and Non-executive class employees of NTPC.
b) Sampling frame
Since the manpower of NTPC Rihand Nagar is 1500(approx) of different grades,
so the sample frame is obtained accordingly.
c) Sampling unit
The sample unit consists of all Executives and Non Executives of NTPC Rihand
Nagar.
d) Sample size
Large sample gives more reliable results than small samples. However it is not
necessary to sample the entire population or even a substantial portion to
achieve reliable result. After considering time constraint and cost effectiveness
for the project total 304 peoples are surveyed.
. There are three types of employees:
• Workmen
• Supervisors
• Executives
We have selected executives & non-executives for our survey of core values.
Place of Information: - NTPC Rihand Nagar.
Research Instrument
The two main research instruments in collecting primary data are:
A. personnel Interview
B. Questionnaire
A) Personnel Interview:
It is one of the important sources to collect primary data. Through personnel interview
interviewer can ask question according to research requirement. Data which is collect
by personnel interview is more reliable than other sources.
B) Questionnaire:
Questionnaires consist of a set of questions presented to the respondent for their
answer. Because of its flexibility the questionnaire is by far the most common
instrument used to gather primary data. Questionnaire needs to be carefully developed
and tested before they are actually used on a large scale.
QUESTIONNAIRES ARE OF TWO TYPES:
a) Open ended questionnaire
It consists of open ended questions that allow the respondent to answer in their
own words. Such questionnaires revel more because they do not constraint
respondent's answers.
b) Closed ended questionnaire
This questionnaire consists of questions that pre-specified all the possible
answers, tabulation and interpretation of such Questionnaires are easier as compare to
open ended questionnaire.
Scale: 5- point scale.
Sampling: Simple random sampling the one which ensures elimination of bias &
estimation of sampling errors. Here we have used summated (or likert- type scale)
which consists of a number of statements that expresses either a favorable or an
unfavorable attitude towards the given object to which the respondent is asked to react.
The respondent indicates his agreement or disagreement with each statement in the
instrument. Each response is given a numerical score, indicating its favorableness or
unfavourableness, and the score is totaled to measure the respondent’s attitude. In
other words, the overall score represents the respondent’s position on the continuum of
favorable-unfavourableness towards an issue.
PRECAUTIONS
Precautions which have been taken at the time of drafting the questionnaire are:
I. There is appropriate number of questions for the convenience of executives.
II.Personal questions have been avoided.
III.All questions are and has clear meaning
IV.All are arranged logically and sequencly.
V.Every question is specific and relevant to the topic.
Strongly Agree (5)
Agree (5)
Agree (4)Neither agree nor disagree (3)
Disagree (2)Strongly disagree (1) (1)
DATA ANALYSIS
DATA ANALYSIS
In this survey the questionnaire has been designed in such a way
that the questions reflect certain parameters .The questionnaire consist of 30 questions,
the following parameters are reflected by the questions
S.NO
Parameters Questions
1 Business Ethics 1,8,22,24,252 Customer Focus 2,9,16,21,233 Organizational & Professional pride 5,15,18,19,264 Mutual Respect &Trust 3,4,12,27,285 Innovation & Speed 10,11,20,29,306 Total Quality For Excellence 6,7,13,14,17
The graph below shows the views of the 304 employees
surveyed irrespective of their department and grades. The graph is drawn on the basis
of the views of the employees; in terms of the number they have marked in
questionnaire i.e., 1, 2,3,4,5. The score ranges from 1 to 5, 1 being the lowest score
and 5 being the highest score.
The score is calculated on that basis only I, e. view of 304 employees divided by the
no. of views.
The tabulation is used for preparing graph is shown below.
Core Values (All Employees)
The views of all employees that are surveyed i.e., 304 irrespective of their grades is given in graph -1. The total average score is calculated on the basis that graph is drawn.
S.NO PARAMETER QUESTIONS AVERAGE SCORE
1 Business Ethics 1,8,22,24,25, 3.64
2 Customer Focus 2,9,16,21,23 3.85
3 Organizational & Professional pride 5,15,18,19,26 4.084 Mutual Respect &Trust 3,4,12,27,28 3.91
5 Innovation & Speed 10,11,20,29,30 3.67
6 Total Quality For Excellence 6,7,13,14,17 3.81
Findings
• The total average score is 3.83, which shows that core values are conducive in
NTPC.
• The maximum score is 4.08 for Organizational & Professional Pride, which is
very good.
• The minimum score is 3.64 for Business Ethics.
Core values (W1-W10)
This graph shows the views of the workmen in NTPC Rihand Nagar, irrespective of their department. The tabulation below shows the score of each questions on the basis of which average score is calculated and finally graph is drawn.
The workmen is from W1 to W10
S.NO PARAMETER QUESTIONS AVERAGE SCORE
1 Business Ethics 1,8,22,24,25, 3.12
2 Customer Focus 2,9,16,21,23 3.27
3 Organizational & Professional pride 5,15,18,19,26 3.474 Mutual Respect &Trust 3,4,12,27,28 3.33
5 Innovation & Speed 10,11,20,29,30 3.19
6 Total Quality For Excellence 6,7,13,14,17 3.24
Findings
• The average score for workmen (W1-W10) is 3.27, which shows that the core values are conducive in NTPC.
• The maximum score is 3.47 for Organizational & Professional Pride.
• The minimum score is 3.12 for Business Ethics.
Core Values (E1-E4)
This graph shows the views given by the executives from grade E1 to E4,
which include
The table below shows the average score of the executives (E1-E4).
S.NO PARAMETER QUESTIONS AVERAGE SCORE
1 Business Ethics 1,8,22,24,25, 2.91
2 Customer Focus 2,9,16,21,23 3.14
3 Organizational & Professional pride 5,15,18,19,26 3.334 Mutual Respect &Trust 3,4,12,27,28 3.19
5 Innovation & Speed 10,11,20,29,30 2.88
6 Total Quality For Excellence 6,7,13,14,17 3.08
Findings
• The average score for executives (E1-E4) is 3.09, which shows that the core values are conducive in NTPC.
• The maximum score is 3.33 for Organizational & Professional Pride.
• The minimum score is 2.88 for Innovation & Speed & 2.91 for Business Ethics,
which means it needs attention.
Core Values (E5 & E6)
This graph gives the views of the employees in the grades of E5 & E6,
The table below shows the average score for executives (E5 & E6)
S.NO PARAMETER QUESTIONS AVERAGE SCORE
1 Business Ethics 1,8,22,24,25, 3.08
2 Customer Focus 2,9,16,21,23 3.26
3 Organizational & Professional pride 5,15,18,19,26 3.404 Mutual Respect &Trust 3,4,12,27,28 3.17
5 Innovation & Speed 10,11,20,29,30 2.17
6 Total Quality For Excellence 6,7,13,14,17 3.17
Findings
• The average score for executives (E5 & E6) is 3.21, which shows that the core values are conducive in NTPC.
• The maximum score is 3.40 for Organizational & Professional Pride.
• The minimum score is 3.08 for Business Ethics.
Core Values (E7 & Above)
The graph below shows the views of the executives (E7 & above)
The table below shows average score of executives(E7 & above)
S.NO PARAMETER QUESTIONS AVERAGE SCORE
1 Business Ethics 1,8,22,24,25, 2.94
2 Customer Focus 2,9,16,21,23 2.93
3 Organizational & Professional pride 5,15,18,19,26 3.154 Mutual Respect &Trust 3,4,12,27,28 3.07
5 Innovation & Speed 10,11,20,29,30 2.88
6 Total Quality For Excellence 6,7,13,14,17 3.04
Findings
• The average score for executives (E7 & Above) is 3.00, which shows that the core values are conducive in NTPC.
• The maximum score is 3.15 for Organizational & Professional Pride.
• The score which is below 3 is 2.88 for Business Ethics, 2.93 for Customer Focus
& 2.94 for Business Ethics, which needs attention.
CONCLUSION
The core values of NTPC is B-COMIT, that refers to business ethics,