Table of Content Introduction Key Elements for HPW System Benefits of HPW Practices Approaches to performance management Conclusion References
Introduction Developmentintroducesasaneffective processthatcreatespositivechange, progress,growthortheadditionof economic,social,environmental, demographic and physical components. Development is important for individual, teams and organization
Key Elements That Make Up The HPW Systems The first element is the employee's ability to involve in the process of decision making. The second element is training. The third element is incentives. The fourth element is technology
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Benefits Of Applying HPW Practices Inordertogaincompetitiveadvantagesagainstcompetitors Hightown's need to apply high performance system in their premises. By providing better coordination to the staff members of Hightown's inside and outside the organization productive results can be attained as compare to competitors.
Different Approaches To Performance Management Comparative approach:It is an effective approach that mainly based on ranking of employees according to its performance. Collaborative approach or working:It is an another approach which will be beneficial in managing the misunderstanding among employees. Qualityapproach:Themainfocusofthisapproachistoincrease satisfaction level among customers by reducing errors and attaining continuous service improvisation.
Continue Fromabovegiventechniquesofperformancemanagement,Hightown Housing Association can follow Qualitative technique that supports in motivate company to produce better quality in their services or products. It will be beneficial for company to maximise customer base and also yield high revenue.
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Conclusion Fromtheabovementionedinformation,ithasbeenidentified importanceofhigh-performanceworkingandperformance management.Thisisimportantforthedevelopmentofteams, individual and organisation. It will also support an enterprise in achievement of better results within given time duration.
References Raes, E. and et. al., 2015. An exploratory study of group development and team learning. Human Resource Development Quarterly. 26(1). pp.5-30. Ryan, S. and O’Connor, R. V., 2013. Acquiring and sharing tacit knowledge in software development teams: An empirical study.Information and Software Technology. 55(9). pp.1614-1624. Approachesformeasuringperformanceofemployees.2019.[Online].Available through:<https://www.projectguru.in/publications/approaches-measuring-performance- employees/>.