1) SKF India Ltd is the largest bearing manufacturer in the world, with origins in Sweden. It manufactures and supplies bearings, seals, lubrication systems, and related products and services globally. 2) SKF India sells products within five technology platforms: bearings and units, mechatronics, lubrication systems, services, and seals. 3) In 2015, SKF India updated its feedback system to make it more efficient. The new system involves employees directly submitting feedback to their immediate boss, who can provide input before finalizing the feedback. It also allows for anonymous feedback from employees about senior managers.

1. KNOWLEDGE MANAGEMENT
ASSIGNMENT
SUBMITTED TO:-
Prof. Supratik Ghatak
Submitted By:-
Ajinkya Anil Thorat
D-5
15020441024

2. SKF INDIA LTD.
-BEARING AND SEALS MANUFACTURING COMPANY
It has a Swedish origin.
Largest Bearing manufacturer in the World.
The company manufactures and supplies bearings, seals, lubrication and
lubrication systems, maintenance products, mechatronics products, power
transmission products, condition monitoring systems and related services
globally.
CEO and President of SKF is Alrik Danielson

3. PRODUCTS OF SKF INDIA LTD.
SKF sells products within five technology platforms:-
1) Bearings and Units
2) Mechatronics
3) Lubrication Systems
4) Services
5) Seals

4. FEEDBACK
Feedback occurs when outputs of a system are routed back as inputs as
part of a chain of cause-and-effect that forms a circuit or loop.
The system can then be said to feed back into itself.
Feedback in simpler can mean a review given by others or any device on
how well the task has been performed.

5. HOW FEEDBACK IS IMPORTANT IN
CORPORATE:-
Feedback is there all the time
Feedback is just another word for effective listening
Feedback is an opportunity to motivate
Feedback is essential to develop performance
Feedback is a way to keep learning

6. FEEDBACK SYSTEM IN SKF INDIA LTD., PUNE
Feedback system in SKF INDIA LTD., Pune has been changed last
year in 2015.
Earlier the Feedback system was very cumbersome and not so
much Efficient.
Now, the feedback of employees is give by a particular employee
only and his/her immediate boss has to check with the same and see
whether the feedback is correct or need some changes. The boss is
the final authority and if the Boss feels that feedback is not wholly
correct and needs some changes, he will call the employee and will
have one to one interaction and then feedback will be finalized.

7. The feedback of senior employees i.e. Bosses, are done by the
employees and the names are kept unanimous so that there should
be no fear in the minds of employees while giving feedback. And
then average of all employees’ feedback is considered while taking
into consideration the performance of the boss.
There is proper hierarchy in the feedback system and accordingly
the feedbacks forms are sent to each employee which they have to
fill.

8. IMPLEMENTATION:-
The implementation of this feedback system required creating an
efficiently functioning Portal and efficient intranet system with
adequate internet speed. SO the changes were brought
accordingly and the implementation of the same has been done.

9. REVIEW:-
The feedback is circulated online and then filled by employees.
So there is ease of filling feedback and as everything is online,
it’s very easy for collection of feedback and also analysis of the
feedback. This change brought a huge positive change in the
SKF INDIA LTD., Pune.

10. THANK YOU!