1.0 Introduction A High-Performance Work System (HPWS) is the right combination of people‚ technology‚ and organizational structure that makes full use of the organization’s resources and opportunities in achieving its goal. There are four powerful principles: a) Shared information b) Knowledge development c) Performance – reward linkage d) Egalitarianism These principles must work together in a smoothly functioning whole. A HPWS achieves the
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Performance Management System HUMAN RESOURCES MANAGEMENT HRM-401(A) DR. KHALID AMIN KIRAN DEEP GROUP MEMBERS M. NOMAN KHAN ALI KHAN TAHA KIZiLBASH ADNAN JAITAPKER Table of Contents THE PAKISTAN PHARMACEUTICAL INDUSTRY OVERVIEW 3 COMPANY OVERVIEW: 4 Glaxo Smith Kline 4 Herbion International Inc. 4 Opal Laboratories (Pvt.) Ltd 5 PERFORMANCE MANAGEMENT SYSTEM ANALYSIS 6 CONCLUSION 11 RECOMMENDATIONS 12 THE PAKISTAN PHARMACEUTICAL INDUSTRY
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HIGH PERFORMANCE WORK SYSTEM a) High performance work system is group of different but linked approaches to manage the hierarchical approach and human resource practices including selection‚ training‚ employee compensation‚ performance appraisal etc which enhances employee effectiveness. This also builds good employee-employee relationships and creates an environment where an employee has more involvement and responsibility. The employees would have increased opportunities to participate in decisions
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PROJECT APPRAISAL / CREDIT APPRAISAL Project / Credit appraisal is a skill which has to be acquired by study and supplemented by practice. Intuitive guess work has little place in appraising the credit rating or credit needs of a corporate unit. The credit managers of banks and Non Banking Finance Companies (NBFCs) are duty bound to accept or reject a proposal on the basis of its viability or non - viability. TECHNIQUES USED IN CREDIT APPRAISAL A. BY THE BANKS OR FINANCIAL INSTITUTIONS. B.
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Identify the strategic objective of the plan. The purpose of the plan of moving to a pay for performance reward system is to facilitate recruitment‚ retention‚ and motivation to result in improvements in organizational performance. The strategic objective of the plan is to bring the entire organization together to focus on the goals and performance of individuals. Identify what people should be involved in the implementation. I believe that supervisors‚ HR professionals‚ trainers‚ and employees
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Managing Information Systems and Electronic Commerce Chapter Overview Businesses are faced with an overwhelming amount of data and information about customers‚ competitors‚ and their own operations. The ability to manage this input can mean the difference between success and failure. New digital technologies have revolutionized the information management process. Data communication networks efficiently carry streams of digital data via telecommunication systems‚ or networks. The Internet
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ST.BENEDICTUS YOUTH ENGINEERING WORKSHOP AND TRAINING CENTRE VIEPE TOKOR |SECOND TERM EXAMINATION |EXAMINATION TRADE: ALL DEPARTMENT |CLASS\FORM :ONE | |SUBJECT: ENTREPRENEURIAL SKILL |PAPER |DURATION :2 HOURS | | |ONE AND TWO | | Read
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APPRAISAL AND DISPOSAL (penilaian dan pemisah record) Appraisal is the process of distinguishing records of continuing value‚ the record with no further value may be eliminated. Appraisal supports records management because‚ when carried out successfully‚ it will maintains the efficiency of departmental records management systems by limiting their contents to those records which are continuing value for business and archival purposes. Beside of to ensure that record has archival value is
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Performance Management “How I get my people to do what I want them to do‚ in the way I want them to do it!” Performance management (PM): Organisations that take performance management seriously‚ manage a range of different but inter-related topics: • Mission • Vision • Strategy • Business plans • Values (how people should and should not behave) • Culture in which improving performance is valued and developed • Monitoring of performance – at individual‚ unit and Team levels • Feedback
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Pay-For-Performance is a health care payment system developed to try and address the shortfalls of the current reimbursement payment system. Incentives are paid to hospitals‚ physicians‚ and clinics for the improved quality of care for patients‚ efficiency of care‚ and improved health outcomes of patients. Pay-For-Performance is part of the improvement of quality as well as a cost management tool. Currently the reimbursement system that is in place pays for services rendered prompting providers to
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