Understanding Organisations

HIGH-PERFORMANCE WORK SYSTEM (HPWS : THE WONDERFUL AVATAR OF SHRM

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1 . 0 . Introduction

Right from 1980-s , when firm positioning movement earned prominence with the books like Competitive Strategy (Michael Porter , 1980 ) or Search of Excellence (Peters Waterman , 1982 , which started influencing the strategists with ideas like five forces (barriers to entry , power of buyers /suppliers , substitutes and competitive rivalry , the new wave of HRM started appearing on the shore of trade and commerce , and that new wave soon culminated into a cogent shape with the concept of "Resource-Based View (RBV (Barney

and Wright , 1998

RBV confirmed the incoming displacement of financial and asset capitals by human capital , which is now an accepted fact all across the globe Accordingly , the employees of any organization now command more care and concern , and consequently , the Human Resource Management has too moved to the core area of business by being the only caregiver of this dynamic capital called humans . Now it is the humans , who are considered as the prime component of competitive advantage (Boxall and Purcell , 2003 Pfeffer , 1998 Gratton , Hailey and Truss , 2000

Therefore , it is only but natural that HRM would gear up with newer ideas and applications , and resultantly , it produced SHRM , which is regarded by the researchers as the "pattern of planned human resource deployments and activities intended to enable the firm to achieve its goals (Wright and McMahan , 1992 ,

.295

Before anything , SHRM views employees as the critical element in a firm 's success and convinces the companies that "the key to a firm 's economic success can be attributed to the effective management of its human resources (Huselid , 1995

Therefore , this applies "High-Performance Work System (HPWS , a new avatar of HRM , along with theories of human behaviour to XYZ Company 's Publication Division (PD ) to achieve its desired outcome

2 .0 Methodology

This uses the following tools to collect data , the nature of which is placed as below

Nature of Data Sources

Company information Company 's website

Company 's internal reports

Interview with employees and departmental heads

Internal and External business situations Legal documents , Web documents , News articles and company 's future target reports

Module of HRM Books and literature on HPWS on Web 3 .0 . Organizational Background

XYZ Company is owned by an US national and it belongs to the media industry with its print and electronic media products like news magazines and news related television programs . It operates in most of the parts of US with a are engaged in the Publication Division (PD . It has a global presence in TV market , though its print products are confined within New York area . At present it holds third position in the print and fourth in the electronic media among its local competitors

3 .1 . Vision Mission Statement of the Company

The company pledges to "Inform , Educate , and Entertain " its consumers besides "serving its clients to the best of ability

3 .2 . Role of Publication Division

Publication Division of XYZ does the entire printing...