Presenting key elements of HPW system along withtheexamples HPW (high performance working) is undertaken by the business units in the recent times with a motive to increase employee empowerment, knowledge and skills. Hightown can ensurebetteremployeeinvolvement,commitmentand empowerment by taking into accountHPWsystem.Byusingthis,Hightowncanevolvejobsatisfactionamong personnel and thereby productivity.
CONTD.. Key elements which can be undertaken by Hightown for ensuring high performance working aspects in an organization includes following:
AssessingthebenefitsofapplyingHPW practices in relation to improving Hightown’s performance Hightown can capitalize following benefits by applying HPW system within the firm:
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Evaluating different approaches pertaining to performancemanagement There are numerous approaches which can be employed by Hightown for performance measurement and management. Such approaches are enumerated below:
CONTD… Collaborative working Advantages Helps in creating friendly surroundings Motivates personnel encourage multi-disciplinary work Disadvantages Ambiguity in roles and responsibility Conflicts within the group creates difficulty s
CONTD… Behavioral approach Advantages Facilitates work commitment and completion as per goals Helps in observing behavior of personnel Disadvantages Time consuming process Observation of employee behavior is difficult
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CONTD… Quality approach Advantages Helps in achieving organizational goals It helps in evolving high level of satisfaction among the customers Disadvantages Assessment of quality aspect is time consuming Need the team of skilled workforce
CONTD… Comparative approach Advantages Helps in assessing deviations timely Give indication in relation to doing modifications in the existing strategic framework Disadvantages setting of unrealistic standards may result into higher deviations Training session imposes cost in front of company
REFERENCES Buchanan, D. A. and McCalman, J., 2018.High performance work systems: The digital experience. Routledge. Huang, Y., Ma, Z. and Meng, Y., 2018. High‐performance work systems and employee engagement:empiricalevidencefromChina.AsiaPacificJournalofHuman Resources. 56(3). pp.341-359. Wood, S. and Ogbonnaya, C., 2018. High-involvement management, economic recession, well-being, and organizational performance.Journal of Management. 44(8). pp.3070-3095. Ogbonnaya, C. and Valizade, D., 2018. High performance work practices, employee outcomes and organizational performance: a 2-1-2 multilevel mediation analysis.The International Journal of Human Resource Management. 29(2). pp.239-259.
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