High Performing Work System: Key Elements, Benefits, and Approaches

This presentation provides an overview of the key elements, benefits, and approaches of a high performing work system. It discusses the importance of careful recruitment, extensive training, high pay with incentives, and effective communication. The benefits of applying a high performing work system include better financial outcomes, ease of expansion, and effective cooperation. The presentation also explores different approaches to performance management, such as the behavioral approach, collaborative approach, and result approach.

INTRODUCTION
INTRODUCTION
The term high performing work system can be defined as kind of practice which
focus to create an environment in which employees of a business entity have
more involvement and responsibility.

Table of content
 Key elements of HPW system
 Benefits of applying HPW practices
 Approaches of performance management

Key elements of HPW system
High performing work system – This is a kind of system that is being used by
companies in order to engage their employees. Types of systems:
Careful recruitment – This is important for companies to recruitment highly
skilled and capable candidates so that they can contribute effectively in process
of achieving organisational goals and objectives. It is essential for above High-
town housing company, to hire the employees who have better skills and capabilities so
that performance can be enhanced.

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 Extensive training – Training plays a significant role in the aspect of improving
employees skills and capabilities. In the High-town housing company, this element can
be useful for improving work performance of their employees.
 High pay with incentive element – In business entity each and every staff member
work for getting financial and non financial payments for performing of different
kind of tasks. Such as in above High-town housing company, this is important for them to
pay higher financial payment so that their performance can become at higher level.
 Communication – This is also an important element not for the perspective of high
performing work system but also in any kind of aspects. It is essential for managers
of above company to make proper communication with their employees.

Benefits of applying HPW
practices
 Better financial outcome- This is one of the important benefit of HPW practices which is related
with increasing in financial outcomes. In the above company, they can get higher revenue by
applying all elements of HPW system.
 Ease of expansion – In addition, another benefit of high performance work approaches is to helping
companies in process of highly expansion. In the high town housing company, their managers can
make plan for expansion without any complexity.
 Effective cooperation – Another benefit of high performance work approach is that it is helpful for
better cooperation among different aspects of businesses

Approaches of performance
management
Performance management – It can be defined as a kind of process that is related with
managing overall performance of employees so that organisational goals and objectives can be
achieved.
 Behavioural approach – This can be defined as a kind of approach in which employees'
performance is managed by help of analysing behaviour. In high town housing company,
their managers manage performance of their employees as accordance of their
performance.
 Collaborative approach – This can be defined as a kind of approach in which team
members and individuals work together in order to manage overall performance of
organisation. The managers of above company control performance of employees by
providing guidance according to this.

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 Result approach – Under this approach, performance of employees is being
managed on the basis of their produced result. It is based on straight-forward
concept because employees get directed as accordance of their result.

CONCLUSION
On the basis of above power point presentation this can be concluded that high
performance working is too crucial for success of companies. As under this
system various kind of elements are included such as careful hiring,
communication and many more. In addition, further part of power point
presentation concludes about different approaches such as result approach,
collaborative approach etc. Among all these approaches collaborative approach
considered suitable for chosen company.

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