A Study of High Performance Work Practices and its Impact on Organizational Performance

Since last few years, a large number of companies are inclined towards designing and implementing high performance work practices (HPWPs) in order to improve organizational performance and productivity. These practices denote a strategic approach to human resource management and in order to develop a highly skilled, flexible, and motivated work force and facilitate organizations to become cost efficient, flexible, and more responsive to changing markets and technologies. HPWPs that explain why workplaces with employee involvement, profit-sharing, and other new workplace practices might have different outcomes for employees than more traditional workplaces. These include: human capital, compensating differences, efficiency wages, incentives . This paper tries to find out the relationship between high performance work practices and sustainable competitive advantage. The paper tries to explore the unique bundles of resources and capabilities of the organizations which are inimitable by rival firms. The organizations will make every effort to deploy existing resources and capabilities to maximize their performance, and, also develop resources to have competitive advantage over others. The research paper also tries to find out the relationship between high performance work practices and Organizational Citizenship Behavior.