Sign In
Not register? Register Now!
Pages:
3 pages/β‰ˆ825 words
Sources:
Check Instructions
Style:
APA
Subject:
Social Sciences
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 12.96
Topic:

The Importance of Cycle of Excellence in Managing Human Capital

Essay Instructions:

Hallowell (2011) explains, “What I mean by peak performance—and what most of us seek in our lives and what managers wish to help their people achieve—is consistent excellence with improvement over time at a specific task or set of tasks.” He further asserts, “Those three factors—excellence, consistency, and ongoing improvement—define peak performance for my purposes.” Managers should always be on the lookout for employees who just don’t “fit in” with the organization’s culture. “You can tell a person is not in the right role if he feels no enthusiasm for what he’s doing, if his mind never lights up, if he never gets excited about his job, if he chronically complains.” And, the author continues, “This doesn’t mean he’s a dull person or that the line of work he has chosen is intrinsically dull, just that he’s not assigned to the right task.”

Being assigned the right tasks and then being responsible for those tasks relates to the “division of labor” concept coined by Adam Smith (1776). “The goal is for employees to spend as much time as possible at the intersection of three spheres: what they like to do, what they are most skilled at doing, and what adds value to the project or organization.” For peak performance or enhancing productivity levels, many would argue that specific tasks should be assigned to specific individuals with specific skills. Strategic leaders are known for being able to quickly match skills to tasks.
HR managers need to understand the importance of employees having fun while at work. Many organizations are highly task oriented and forget the importance of being relationship oriented. “One way you can tell if your employees are in alignment with the Cycle of Excellence is to see if they are having fun.” For example, some modern managers see the value of having fun at work or even taking time off from work to just relax and reflect. For example, Bill Gates is famous “for taking seven days off, twice a year, in a secluded cabin where he reads, drinks diet Orange Crush, and thinks.”
The author provides the following recommendation for managers, “Consider having a goofy day of some sort now and then. It must conform to the basic rules and values of your organization’s culture, of course. But make it fun.” By having a goofy day at work or dressing up for certain holidays, employees are able to have some fun, which also relieves stress.
“Effective management limits bad stress as much as possible, while promoting good stress in the form of surmountable challenges.” Effective managers also understand the importance of recognizing employees for their daily contributions. The author continues, “Recognition is so powerful because it answers a fundamental human need, the need to feel valued for what we do. Managers are in a unique position to offer—or withhold—such recognition, and with it, the feeling of being valued.”
According to Hallowell (2011), there are five steps to igniting peak performance in an organization. He calls the steps the Cycle of Excellence:
Step 1—Select: Putting people into the right jobs so that their brains light up.
Step 2—Connect: Overcoming the potent forces that disconnect people in the workplace both from each other and from the mission of the organization, and restoring the force of positive connection, which is the most powerful fuel for peak performance.
Step 3—Play: Play, or imaginative engagement, catalyzes advanced work, and managers can help people tap into this phenomenally productive yet undervalued activity of the mind.
Step 4—Grapple and grow: Managers can create conditions where people want to work hard, and employees making progress at a task that is challenging and important turns ordinary performers into superstars and increases commitment.
Step 5—Shine: Doing well—shining—feels good, so giving recognition and noticing when a person shines is critical, and a culture that helps people shine inevitably becomes a culture of self-perpetuating excellence.
The five steps of the Cycle of Excellence provide a novel approach to maximizing peak performance.
Draw on the material in the background readings and do additional research to prepare a magazine article in which you do the following:
Analyze the five steps of the Cycle of Excellence and use it as a starting point to create your own cycle of excellence.
Discuss how the cycle of excellence you have developed is the optimum approach for managing human capital.
The magazine article you are writing should be similar to an article you might find in TD: Talent Development () or in
HR Magazine (magazine for the Society for Human Resource Management, SHRM). Both are found in the Trident Online Library.
https://www(dot)shrm(dot)org/hr-today/news/hr-magazine/0218/pages/default.aspx
Utilize at least three other reference sources to build your article.
Cite sources within your paragraphs and include them in a References list at the end of your article. (Note: Even though practitioner magazine articles at times do not cite sources or have a reference section, they are needed for our academic purposes. See the Student Guide to Writing a High-Quality Academic Paper for additional information.
Include a cover page and a reference page. Note that the deliverable for this assignment is NOT an essay paper, but rather a journal article formatted like other published journal articles. (Hint: Most articles are written in columnar form.)

Essay Sample Content Preview:
Magazine Article
Name
Institution
Course
Date
Why the Cycle of Excellence is important in Managing Human Capital.
“The best way to tell if employees are in alignment with the Cycle of Excellence is examining if they are having fun.”
By “Name of the Student” Effective managers should always understand that it is essential to recognize employees for their contributions to an organization. Edward M. Hallowell created the Cycle of Excellence to highlight how managers are supposed to utilize their talents. Today, the current work environment has a lot of challenges. For example, workers are forced to work under maximum pressure so that they can perform their duties. These kinds of demands are affecting the productivity of an organization. There are five steps of the Cycle of Excellence. These five steps are to select, connect, play, grab and grow, and shine.

The Cycle of Excellence involves the five steps used to recognize all the employees to make them feel appreciated and valued for the role they play in an organization.0The Cycle of Excellence involves the five steps used to recognize all the employees to make them feel appreciated and valued for the role they play in an organization. The first step of the Cycle of Excellence is selecting. It is the initial step to attain excellence. This step involves selecting qualified employees and reviewing their performance continuously. This step also involves reviewing the levels of work satisfaction from every employee based on their job description. According to Hallowell (2011), the selection step is a continuous process that constantly reviews and monitors employees (Hallowell, 2011). Selecting the right employee for a job is not the end because the second step of the cycle of excellence involves connecting employees to empower them.

Connecting is the second step. In this step, managers should make efforts to strengthening their relationship with the employees. The first and the second steps are very important in the cycle of excellence because they add a lot of value to the organization. Managers should come up with strategies that will help them interact with the employees. This increases the morale of employees. It also reduces any chance of stress among the employees. Playing is the third step of the Cycle of Excellence (Hallowell, 2011). In this step, managers are expected to assist employees in unleashing their abilities and imaginations during working hours. This step involves the imaginative engagement of employees in the organization and enables employees to produce creative ideas and thoughts. It boosts their morale and reduces anxiety.

The fourth step is grappling and growing. This step involves utilizing different strategies and techniques to enable employees to get the best and accurate results. This step leads to mastery and accomplishments (Strategic human resource management at the tertiary level, 2013). Managers should challenge the right individual at the right time. Shining is the last step of the Cycle o...
Updated on
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:

πŸ‘€ Other Visitors are Viewing These APA Essay Samples:

HIRE A WRITER FROM $11.95 / PAGE
ORDER WITH 15% DISCOUNT!