PARTICIPATIVE MANAGEMENTParticipative (or participatory) management,otherwise known as employee involvement orparticipative decision making, encourages the involvement of stakeholders at all levelsof an organization in the analysis of problems,development of strategies, and implementation ofsolutions.Employees are invited to share in the decision-makingprocess of the firm by participating in activities such assetting goals, determining work schedules, and makingsuggestions.
FOUR PROCESSES INFLUENCE PARTICIPATION.THESE PROCESSES CREATE EMPLOYEE INVOLVEMENTAS THEY ARE PUSHED DOWN TO THE LOWEST LEVELSIN AN ORGANIZATION.THSE FOUR PROCESSES INCLUDE:Information sharingTrainingEmployee decision makingRewards
FEATURES OF PARTICIPATIVE MANAGEMENT EthicalDimensions Proper Channel of Communication Empowers Employees Recognition of Human Dignity Psychological Satisfaction to Employees
BENEFITS OF PARTICIPATIVE MANAGEMENT ASFOLLOWS: Innovation and increased efficiency Timeliness Employee satisfaction and Motivation Product quality Less supervision requirements Better grievance redressal Hiring Flexibility
ADVANTAGES OF PARTICIPATIVE MANAGEMENT Increase in Productivity Job Satisfaction Motivation Improved Quality Reduced Costs:
DISADVANTAGES OF PARTICIPATIVE MANAGEMENT Decision making slows down Security IssueREQUIREMENTS OF PARTICIPATIVE MANAGEMENTThe participative management to work, several issues must be resolved and several requirements must be met they are… First, managers must be willing to relinquish some control to their workers; managers must feel secure in their position in order for participation to be successful.
Thesuccess of participative management depends on careful planning and a slow, phased approach. Changing employees ideas about management takes time, as does any successful attempt at a total cultural change from a democratic or autocratic style of management to a participative style.
CONCERNS Participative management is not a magic cure for all that ails an organization. Managers should carefully weigh the pros and the cons before implementing this style of management. Managers must realize that changes will not take effect overnight and will require consistency and patience before employees will begin to see that management is serious about employee involvement.
CONCLUSIONParticipative Management is a universallyrecognized concept but still most organizationshesitate to adopt it. Through this style ofmanagement contain both the parties, employerand employees, are satisfied. It bringsmanagement and employees closer and thus,should be adopted open heartedly.