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WMBA 6040 : Improving Business Performance

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  • Course Code: WMBA 6040
  • University: Walden University
  • Country: United States

Question:

Section 1

AC 1.1 A brief analysis of the concept and components of HPW;

AC 1.2 A brief evaluation of the link between HPW and sustained organization performance, employee well-being and competitive advantage;

AC 1.3 An identification of some of the main barriers to HPW;

You should demonstrate an understanding of HPW frameworks and their key components such as leadership and strategy, work organisation, organisation development, employee involvement, employee reward etc.

You should refer to literature that evaluates the link between HPW and sustained organisation performance, employee well-being and competitive advantage. They should address the link between HPW systems and processes and cultural change.

You should identify some of the main barriers to HPW e.g. attitudes to change, costs in time and effort, lack of understanding, lack of trust, degree of co-operation from trades unions.

Section2
AC 2.1 Summarise the main stages of the performance management cycle and the role of development and performance reviews;

AC 2.2Give some examples of different ways of involving line managers in the performance review process;
 
AC 2.3Provide a brief evaluation of the contribution of the performance management process to promoting challenges, capability or recognizing and rewarding talent;

You should describe the main stages of the performance management cycle which would typically include: setting objectives, performing and developing through to performance review. They should make reference to the role of objective setting and link with organisational goals and any individual development needs in the process. They should summarise the role of development and performance reviews e.g. identifying key achievements, aligning individual’s day-to-day activities with organisation goals, identifying development needs and establishing a focus for skill development, making decisions about reward, creating documentation for legal purposes.

You should give some examples of how to involve line managers in the performance review process e.g. they could cite some of the following: provision of training in the organisation’s systems, processes and documentation, monitoring and mentoring to ensure equity, seeking their feedback on the operation of the systems and processes.

You should show how the performance management process contributes to promoting challenge, building future people capacity or recognising and rewarding talent. They can give their own examples e.g. in recognising achievement, performance reward but should refer to key principles e.g. fairness, reasonableness, equity and meritocracy.

Section 3

AC 3.1 Recommend some of the ways of building trust, enthusiasm and commitment in support of a high-performance culture;

You should give some recommendations on how to sustain a HPW culture e.g. they could include: clarity of vision, mission and values, effective intra-organisational communications, inclusive collaborative working practices commitment to capacity and capability building, coaching and mentoring, provision of on-line tools and support.
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My Assignment Help. Improving Business Performance [Internet]. My Assignment Help. 2020 [cited 24 November 2020]. Available from: https://myassignmenthelp.com/free-samples/wmba-6040-improving-business-performance/providing-competitive-advantage-to-the-organization.html.


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