Critically consider to what extent this offers a mutual gains approach Essay

Critically consider to what extent this offers a mutual gains arise to people management - Essay ExampleThe flexibility of approach and perspectives to change become high point that hugely helps to meet the challenges of time.The innovative measures and incentive driven tools that be linked to the performance are increasingly being used as vital elements of business strategy. Scholars assert that performance management is strategic tool or process that motivates workforce for optimal performance (Bloisi, 2007 Armstrong and Baron, 2005). apart(predicate) from incentives, commitment to work and loyalty towards employers is considerably increased when the employees are provided scope of enhancing their professional skills and competencies through in-house training and development. Financial and emotional security, job satisfaction etc are factors that promote trust building and induce high performance and retention of employees. Hence, HPWP not only benefits employees but also the e mployers as they are able to defend high performing human capital that significantly influences the revenues. Most importantly, they are able to maintain their competitive advantage through hard times as HPWP provides organization with flexible approach and innovative performance related measures to meet contemporary challenges for optimal performance. (words