Importance of HPW for employee engagement High performance working is the significant tool that helps to build the employee performance and quality performance management team. This comprise a group of highly talented and motivated professional working together for the common goals. it will help to recontinue the management objectives and build up the new management ideas for the employee’s development as well.
M3 Alexandra-Reissecanapplythishighperformanceworkingstylesand approaches that helps company to build the effective team building. As per the analysis of the benefits of applying HPW that, it makes team more energetic as compare to previous performance. This style of management will help to make employees award winning team. This positive attitude generates team spirit of Alexandra- Reisse employees to gain awards (Thorpe, 2016). There is also one new team member who was recruited externally but has a qualification in banking and finance. It bring new managerial skills and goals to gain the competitive advantage.
D3 High performance working is the most beneficial system plan for the company through company can easily gain systematic result outcomes to build the effective team inAlexandra Reisse FinancialInstitution. This can help to recontinue the process and helps to maintaine d the development goals
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Different approaches to performance management Collaborative Approach Collaborative is the approach that company should need to adopt to make the corrective action plan. High performance management goals build up the new upcoming goals and new management sources and goals. Collaborative apprioach can help to build up the new working styles and effective working performance in within the organisational culture. Collaboration is the highly beneficial tool for management that brings new opportunity and goals for the new project development plan.
M4 As given many approaches for performance management such as comparative approach, attribute approach, behavioural approach and quality approach through Alexandra-Reissecaneasilyidentifytheindividualperformance.Quality approach is the approach where manager analyse the performance on the basis of quality. On the other hand, behavioural approach suggested that performance management has been analysed on the basis of individual behaviour how they manage the work or how much they behave towards employees or work goals.
M4 As given many approaches for performance management such as comparative approach, attribute approach, behavioural approach and quality approach through Alexandra-Reissecaneasilyidentifytheindividualperformance.Quality approach is the approach where manager analyse the performance on the basis of quality. On the other hand, behavioural approach suggested that performance management has been analysed on the basis of individual behaviour how they manage the work or how much they behave towards employees or work goals.
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