Importance of Career Development
Although the business environment has been endlessly experiencing negative changes such as economic downsizing and restructuring resulting in fewer hierarchical positions but at the same time the need for improving productivity while keeping a pace with continuously changing technology has also increased. Organizations, therefore, instead of hiring a new individual from the market prefer to […]
Process of Employee Engagement
This is the hardcore fact that the future business performance and revenues and profitability of an organisation no longer depends upon traditional capital management and investment and portfolio management. But the success of any organisation in this constantly changing world of work depends upon human capital management. The companies who understood this fact long before […]
What is Employee Relations ?
An organization can’t perform only with the help of chairs, tables, fans or other non living entities. It needs human beings who work together and perform to achieve the goals and objectives of the organization. The human beings working together towards a common goal at a common place (organization) are called employees. Infact the employees […]
The Role of Monetary and Non Monetary Incentives in Enhancing Employee Performance
The Role of Incentives in Enhancing Performance and How They Work In Practice Organizations exist to provide goods and services to their consumers and clients and in turn, pay their employees salaries and bonuses to get the necessary work done to produce such goods and services. Such salaries and bonuses are part of the monetary […]
How can Employee Engagement help increase Customer Satisfaction
Numerous management studies and researches support the proposal that there exists a relationship between employee engagement and customer satisfaction. It has been observed that the actively engaged employees are extremely loyal towards their organisation and are always ready to walk that extra mile to ensure success for their company. The studies such as ‘Loyalty Effects’ […]
Participative management as a decision making style is not welcome by one and all! Labor or trade unions, for example do not approve of this. They argue that it is in fact disadvantageous to welfare of the workers because the participative processes give deep insights to the management, which in turn puts the latter in a better bargaining position while dealing with unions.
Denison in the year 1990 elaborated on a large number of benefits of participative management. This is after Kanter made useful contributions in the subject from 1983-1989. According to him participative management allows for innovation and knowledge sharing between the managers and the workers, those who are contiguous to the products being made. They being the closest can give better feedback for quality control, devise efficient manufacturing processes and strategize for the same.
Apart from the above mentioned workers, Markowitz and Lawler have also worked independently in the field. Nonetheless we may enumerate the benefits of participative management as follows:
Participative management thus results in overall increase of the ownership of work of an employee. This empowerment can lead to increased efficiency, better productivity, improved morale and job satisfaction. But the fact the participative management requires an overall change in the organizational culture, the implementation of the same, specially when there is a bureaucratic style of decision making in place, can be a major challenge!
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