Strategies for Developing High-Performing Workforce in Organizations

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Added on  2023/01/11

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This report delves into the concept of a High-Performing Workforce (HPW) and its significance in organizational success. It defines HPW, emphasizing employee involvement in achieving business goals and competitive advantage. The report explores how HPW supports strategy development, enhances employee relations, and fosters a healthy work environment. It outlines the characteristics of HPW organizations, highlighting the importance of performance tracking, transparent communication, and employee engagement. The benefits of HPW are discussed, including improved performance, reduced costs, and the role of training and development. The report examines the role of stakeholders, including the board of directors and customers, in shaping policies and influencing employee performance. Finally, it reviews various performance management approaches, such as ranking methods and 360-degree feedback, and performance management systems, providing insights into their effectiveness in assessing and motivating employees. The report concludes by emphasizing the importance of HPW for individual, team, and organizational growth.
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Developing individuals,
teams and organizations
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Table of Content
Introduction
What is HPW?
HPW develop and support strategy development, competitive edge and enhance employee
relations
Characteristics of HPW organization
Benefits of HPW
Role of stakeholders in HPW organizations
Various approaches of performance management
Conclusion
References
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Introduction
Development defines the process which is used by a person and other organisations to ensure the
development of there skills and personality. In this context continuous improvement is important and also
obtained by individuals who seek development. Development is helpful in ensuring regarding the high
productivity performance standards and profitability as both are helpful for organisations to achieve growth
and competitive advantage in the market. Moreover infrequently changing environment it is significant to
attain growth by expanding their business it is possible only with the prominent skills and competence.
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What is HPW?
High performing workforce is the element which is useful in making sure that employees are effectively
involved in the actions and activities of company in order to achieve various business goals and leads to
achieve competitive advantage within the business environment. In this context these high-performing
workers plays important role and also provide various benefits to company by which they can easily
achieve sales volume and profitability to maintain healthy working conditions for them.
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HPW develop and support strategy development,
competitive edge and enhance employee relations
High performing workforce is significant as they develop healthy relations with subordinates that are
useful in encouraging and involving them in the task to enhance and improve their sales and
profitability. It is also helpful in managing and balancing the working conditions within the
organization. Engagement of workforce in the business actions offer them healthy satisfaction and
growth in the competitive market. These workers are useful in developing healthy and good relationship
among employees as by this it becomes easy for the workers to share their work with each other.
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Characteristics of HPW organization
For the improvement of the performance of workers it is significant for the manager to track and
observe the performance report of employees. By considering this report prominent changes can happen
regarding the performance of employees that is helpful in order to achieve the desired outcomes.
Therefore it is also useful in measuring the overall performance regarding the improvement of their
performance and also converts them into the high performing workers.
In this context in order to develop high performing workers Hightown housing association need to
provide transparent communication to the Employees as it is useful in achieving prominent goals and
objectives. Moreover it leads to develop faith and trust among the workforce and also needs to engage
the workers for the enhancement of performance of company.
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Benefits of HPW
High performing employees are advantages for company because they are competent enough to
achieve prominent objectives. In this context for the enhancement of the performance of employees it
leads to eliminate the Production and Manufacturing prices. The performance of employees can be
improved with the help of training and development as it includes the performance of employees as
well. It is done because of assigning work that can be done by several authorities and responsibilities.
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Role of stakeholders in HPW organizations
Stakeholders are the prime factor within the organization and also considered as the investor in order
to determine the result of business and also concerned with the decision making. By considering this
section the board of directors and customers are significant regarding the enhancement of policies and
regulations that are developed by top management in the favor of employees regarding the
enhancement of performance of workers. Moreover in this context the demand of workers is also
influenced the employees performance and Organization as well.
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Various approaches of performance
management
Ranking method: It is considered as the traditional method which is used in old time in order to
analyze the performance of employees by which each employee is compared with another on the
grounds of their performance level and for this ranks are given to employees. Because of this it is
considered as the effective way in order to allot ranks to employees from high-to-low. In this context
Hightown housing association use this approach in their old times as if the performance of five
employees are analyzed then the rank is between 1 to 5.
360 degree feedback: This method of performance measurement depends on the suitable abilities of
knowledge and skills of the subordinates and also considered the supervisors customers employees top
level management and many more. In this context with Hightown housing association use this
approach which is quite effective to criticize the performance of employees with the help of each and
every individual.
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Continue…
Performance management system: It is considered as the most effective approach which is useful in
analyzing the performance of employees and also helpful in joining them with the prominent
objectives and targets. Implementation of this approach is quite significant as it is helpful in
developing the moral and performance. It is analyzed as the prominent way which is helpful in
clearing the doubts concerning the desired result and also leads to enhance the business process with
the help of various methods. In this context Hightown housing association used this approach which is
efficient and order to determine the overall performance of employees and motivate them for the
development of their knowledge and skills.
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Conclusion
Therefore from the preceding discussion it is analysed that development is important
within the individual team and Organisation in order to achieve growth and success. In this
context the high performing workers are helpful beyond the several areas within the
organisation concerning employees’ relations management and leadership for the
enhancement of company and work force as well.
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References
Van Laere, J. and Aggestam, L., 2016. Understanding champion behaviour in a health-care
information system development project–how multiple champions and champion behaviours
build a coherent whole. European Journal of Information Systems. 25(1). pp.47-63.
Cartwright, R., 2017. Mastering team leadership. Macmillan International Higher Education.
McCracken, M., Currie, D. and Harrison, J., 2016. Understanding graduate recruitment,
development and retention for the enhancement of talent management: sharpening ‘the edge
‘of graduate talent. The International Journal of Human Resource Management. 27(22).
pp.2727-2752.
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