High-performance working can be considered an important practice, as it aims at stimulating employee involvement and commitment to achieve the company’s goals. High-performance working and investment in human capital can contribute to organisational success and performance significantly. For instance, Arendse reports that when a company strives to retain and attract talent through an employee value proposition and pays significant attention to recruitment and selection processes, its performance increases. In addition, the company should ensure appropriate management and leadership development to achieve success and competitive advantage. Notably, performance-based pay is one of the factors that do not affect organisational success and performance significantly. It means that when firms should invest in human capital and implement high-performance working strategies because they can enhance employee dedication and participation and, consequently, ensure companies’ success. The article by Kim & Sung-Choon supports these findings because it shows that high-performance working is significant for organisational success. As mentioned above, the authors refer to other scholars’ works too, which state that the implementation of these two strategies can be effective in many industries, including construction, manufacturing, retailing, finances, and transportation.
Explain how high-performance working and investment in human capital can impact on organisational success and performance. Does the article “Strategic HR functions and firm performance: The moderating effects of high-involvement work practices” by Hyondong Kim & Kang Sung-Choon support this?
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Academic.Tips. (2022) 'Explain how high-performance working and investment in human capital can impact on organisational success and performance. Does the article “Strategic HR functions and firm performance: The moderating effects of high-involvement work practices” by Hyondong Kim & Kang Sung-Choon support this'. 28 January.
Reference
Academic.Tips. (2022, January 28). Explain how high-performance working and investment in human capital can impact on organisational success and performance. Does the article “Strategic HR functions and firm performance: The moderating effects of high-involvement work practices” by Hyondong Kim & Kang Sung-Choon support this? https://academic.tips/question/explain-how-high-performance-working-and-investment-in-human-capital-can-impact-on-organisational-success-and-performance-does-the-article-strategic-hr-functions-and-firm-performance-the-mo/
References
Academic.Tips. 2022. "Explain how high-performance working and investment in human capital can impact on organisational success and performance. Does the article “Strategic HR functions and firm performance: The moderating effects of high-involvement work practices” by Hyondong Kim & Kang Sung-Choon support this?" January 28, 2022. https://academic.tips/question/explain-how-high-performance-working-and-investment-in-human-capital-can-impact-on-organisational-success-and-performance-does-the-article-strategic-hr-functions-and-firm-performance-the-mo/.
1. Academic.Tips. "Explain how high-performance working and investment in human capital can impact on organisational success and performance. Does the article “Strategic HR functions and firm performance: The moderating effects of high-involvement work practices” by Hyondong Kim & Kang Sung-Choon support this?" January 28, 2022. https://academic.tips/question/explain-how-high-performance-working-and-investment-in-human-capital-can-impact-on-organisational-success-and-performance-does-the-article-strategic-hr-functions-and-firm-performance-the-mo/.
Bibliography
Academic.Tips. "Explain how high-performance working and investment in human capital can impact on organisational success and performance. Does the article “Strategic HR functions and firm performance: The moderating effects of high-involvement work practices” by Hyondong Kim & Kang Sung-Choon support this?" January 28, 2022. https://academic.tips/question/explain-how-high-performance-working-and-investment-in-human-capital-can-impact-on-organisational-success-and-performance-does-the-article-strategic-hr-functions-and-firm-performance-the-mo/.
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"Explain how high-performance working and investment in human capital can impact on organisational success and performance. Does the article “Strategic HR functions and firm performance: The moderating effects of high-involvement work practices” by Hyondong Kim & Kang Sung-Choon support this?" Academic.Tips, 28 Jan. 2022, academic.tips/question/explain-how-high-performance-working-and-investment-in-human-capital-can-impact-on-organisational-success-and-performance-does-the-article-strategic-hr-functions-and-firm-performance-the-mo/.