Table of Content Introduction Contribution of HPW to employee engagement and competitive advantage Key elements of HPW Benefits of applying HPW practices Different approaches to performance management Conclusion References
Introduction In an organisation, development team is very crucial aspect, whether a person is a leader of team or an experienced manager. This presentation is based on Hightown Housing Association which is a charitable housing association that operates principally in Hertfordshire, Berkshire, Bedfordshire and Buckinghamshire. This presentation covers the way high performance working contributestoengagementofemployeesandcompetitive advantagealongwithdifferentapproachestoperformance management are discussed in the project.
Contribution of HPW to employee engagement and competitive advantage Highperformanceworking-ageneralapproachofmanaging organisations which aims to achieve high level of performance and stimulateadditionaleffectiveemployees’involvement.Some examplesofhighperformanceworkpracticeareleadership developmentstrategyandcontinuousmentorship.Ithighly contributes in engaging employees and providing it with competitive advantage in market.
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Key elements of HPW Therearefourelementsofhighperformanceworkingstrong application of which helps company in attaining growth and success. The first element is ability of an individual to engage in process of decision making. Allowing employees to take decisions will help in creating a sense of satisfaction among them and they are more committed towards goals of organisation.
Benefits of applying HPW practices There are several benefits of high performance working practices for Hightown Housing Association. One of the benefit includes better corporationwithinandoutsideorganisation.High-performance working enable employees to corporate with employees and with suppliers and customers in effective way.
Different approaches to performance management Thedifferentapproachesto performance management are: •Behavioral approach •Result approach •Comparative approach •Attitude approach •Collaborative working approach
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Conclusion As per this presentation, it has been concluded that high performance workingisvery beneficial for anorganisationasit helpsitin engaging employees which improves their performance and provides companywithcompetitiveadvantage.Differentperformance managementapproacheswillhelpinmanagingperformanceof employeeswhichultimatelyimprovestheperformanceof organisation.
References Evers,A.T.,VanderHeijden,B.I.andKreijns,K.,2016. Organisational and task factors influencing teachers’ professional developmentatwork.EuropeanJournalofTrainingand Development. Sharma,S.andSharma,S.K.,2016.Teamresilience:scale development and validation.Vision. 20(1). pp.37-53.