Meaning of HPWM
Ahigh-performance work system (HPWS) is a set of strategic human resource management (HRM)
initiatives that help companies improve performance and profitability. HPWM are focused on building a
culture of trust, transparency, and open communication.
They do this by:
-Ensuring Employee Security
-Selective Hiring
-Decentralized Decision-making
-High Results-based Compensation
-Training By Commitment
-Reduced Status Barriers
-Sharing Key Information
3.
Why is HighPerformance
Working Model Important?
Effective Performance Working Model helps an organization better
understand its talent and what's needed to achieve its goals from a talent
perspective. If an employee is lacking a certain skill or wants to learn
something new, HR can adapt its employee development initiatives
accordingly.
4.
Components of HPWM
Work Flow
Staffing
Training
Compensation
Leadership
Technologies
5.
Scope of HPWM
oManufacturing sector
o Service sector
• Call center
• Bank
• Hotels
• Hospitals
6.
Employee Organization
• MoreInvolvement • High Productivity
• Lower cost
• Experience growth & Satisfaction • Quality
• Flexibility
• More valuable as contributors • Customer Satisfaction
Benefits of HPWM