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New Models of High Performance Work Systems - Equality Authority

New Models of High Performance Work Systems - Equality Authority

New Models of High Performance Work Systems - Equality Authority

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new models <strong>of</strong> high performancework systems >managing employee involvement and participation,and implementing diversity andequality strategies, as legitimate concerns fororganisational strategy in their own right.The findings demonstrate the powerful andsynergistic effect <strong>of</strong> a multi-dimensionalmodel <strong>of</strong> HPWS, where the net impact<strong>of</strong> combining strategic human resourcemanagement (HRM) with employeeinvolvement and participation systems,equality and diversity systems and flexibleworking systems, significantly exceeds theimpact <strong>of</strong> any <strong>of</strong> these systems in isolation.In economic terms, the median-sizedcompany in this sample (270 employees)employing the multi-dimensional model <strong>of</strong>HPWS would have performance advantagesincluding almost €12,000,000 (or €44,399per employee) in labour productivity, and€556,200 (or €2,061 per employee) inworkforce innovation. Such findings mean,in other words, that we can only begin t<strong>of</strong>ully understand management systemsin high performance companies when wethink <strong>of</strong> them as sophisticated systemswhere strategic HRM is integrated into,and balanced with, systems for managingemployee involvement and participation,diversity and equality, and flexible working.The findings have important implicationson a number <strong>of</strong> levels, not just for thosewith leadership or management responsibilitiesat enterprise level, but for publicpolicy makers and for the academic researchcommunity. The findings reaffirm the organisationaldevelopment framework set outin the National <strong>Work</strong>place Strategy, whichsees the <strong>Work</strong>place <strong>of</strong> the Future beingshaped by concerns including employeeinvolvement and participation, and equalityand diversity strategies. The findings shouldencourage researchers, practitioners andthe public policy community alike toconfidently redefine the scope <strong>of</strong> HPWS, andto focus attention on the need for employeeinvolvement and participation, equality anddiversity strategies and flexible workingsystems to emerge as mainstream concernsin defining better ways forward for theIrish economy.

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