ADMS 2600 Chapter Notes - Chapter 16: Employee Stock Ownership Plan, Employee Engagement, Job Enrichment
Document Summary
Hpws combination of hr practices, work structures and process to maximize employee knowledge, skills, commitment, flexibility, and resilience. It is basically a way to unlock human potential. The key thing here is synergy: the combined effect is greater than if each of the hr practices, work structures and processes were applied individually. This is because the principles are interrelated parts that complement one another to achieve the organization"s goal! Eliminates status and power differences in the work environment (for example, managers don"t have extra perks, all the employees in the organization get the same benefits) Increases productivity (people who may not have wanted work together in the past may do so now). People are more likely to work together horizontally and vertically. Increases employee loyalty and trust (employees find that the organization values them) Requires structural changes to move power downward and empower employees.