Final answer:
A high-performance work system develops criteria that are valuable, rare, difficult to imitate, and organized by focusing on competencies that increase efficiency and decrease costs.
Step-by-step explanation:
A high-performance work system focuses on competencies that increase efficiency and decrease costs. By doing so, it develops criteria that are valuable, rare, difficult to imitate, and organized. Let's break down each criterion:
- Valuable: By focusing on competencies that increase efficiency and decrease costs, a high-performance work system adds value to the organization by improving productivity and profitability.
- Rare: Developing competencies that increase efficiency and decrease costs can be a unique advantage for the organization, making them rare in the industry.
- Difficult to imitate: Competencies that increase efficiency and decrease costs can be difficult for competitors to replicate, giving the organization a competitive edge.
- Organized: A high-performance work system requires organization and structure to effectively implement and maintain the developed competencies.