This Quick Insight investigates the transformative impact of the High-Performance Organization (HPO) Framework in aiding multinational enterprises in creating social value. The study discusses how multinationals, who strengthen the five factors of the HPO framework, are better able to address pressing societal issues such as COVID-19 recovery, economic equity and climate change.
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This Quick Insight critically examines the long-term effectiveness of organizational improvement programs. Utilizing the High-Performing Organization (HPO) framework for evaluation, the study finds that despite numerous improvement efforts, there has been minimal sustainable progress in organizations' performance levels. The article identifies possible reasons for this lack of progress, such as economic downturns and the ineffectiveness of commonly used improvement methods. It also underscores the importance of High Performance Managerial Leadership, a balanced blend of visionary leadership and disciplined management, as a key to achieving and maintaining high performance.
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This Quick Insight delves into the potential of small and medium-sized enterprises (SMEs), to transform into High-Performance Organizations (HPOs). The study demonstrates that SMEs can significantly contribute to economic growth, job creation, and poverty reduction by adopting the principles of HPOs. It also highlights the importance of aligning with the five key HPO factors for better organizational performance. Through a case study of a leading Internet of Things (IoT) firm in South Africa, the article offers practical insights into effective management practices, employee involvement, and continuous improvement.
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20% Discount Available on Futurize!
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