Last week during the British Academy of Management 2019 Conference co-author Neetu Yadav an André de Waal won the “Best full paper Award” for the Performance Management track. Quite an honor when you realize how many papers are submitted to this conference!
Abstract
The continuing quest of Indian companies to become leading corporations in the region and the world leads to two research questions: (1) How high performing are Indian organizations currently, compared to organizations in other Asian countries? and (2) What do Indian organizations need to focus on to become truly world-class? In this article, we investigate the answers on these two questions using the HPO Framework – a scientifically holistic improvement framework – developed on data collected worldwide, that evaluates whether organizations are high-performing, and if not, what they need to focus on to achieve the HPO status. The study also carries out a comparison of HPO scores of Indian organisations with HPO scores of companies operating in various Asian countries. The findings reveal that the average HPO score of Indian organizations is 7.3 is among the highest of Asia. At the same time the research results indicated that Indian organizations need to specifically work on strengthening the characteristics of HPO factor “Long-Term Orientation” in order to become full-blown and sustainable world-class leading high-performance organizations.
