High Performing Work Systems: Elements, Benefits, and Approaches
VerifiedAdded on 2023/01/19
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Presentation
AI Summary
This presentation provides an overview of High Performing Work (HPW) systems, defining them as practices that emphasize employee involvement and responsibility. It outlines key elements such as careful recruitment, extensive training, high pay with incentives, and effective communication. The presentation also highlights the benefits of HPW, including better financial outcomes, ease of expansion, and effective cooperation within a business. Furthermore, it explores different approaches to performance management, such as behavioral, collaborative, and result-oriented approaches, concluding that the collaborative approach is most suitable for the example company. The presentation uses the High-town housing company as a case study to illustrate the concepts and concludes that HPW is crucial for company success, citing various elements and management approaches. The presentation includes references to academic sources, and concludes that collaborative approach is most suitable for the chosen company.
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