Document background
The Executive Performance Review document is a crucial governance and management tool used in Indian corporate environments to assess, document, and guide executive performance. It is typically implemented annually or bi-annually to evaluate executive-level employees against established performance criteria, strategic objectives, and leadership expectations. The document ensures compliance with Indian corporate law, particularly the Companies Act 2013 and SEBI guidelines for listed companies. It serves multiple purposes: documenting performance for legal and corporate governance requirements, informing compensation decisions, identifying development needs, and aligning executive performance with organizational objectives. The review process captured in this document forms an essential part of corporate records and can be referenced for various purposes including succession planning, regulatory compliance, and board reporting.
