OBJECTIVES OF WORKER’S PARTICIPATION IN MANAGEMENT

OBJECTIVES OF WORKER’S PARTICIPATION IN MANAGEMENT

        Participative Management refers to as an open form of management where employees are actively involved in organization’s decision making process. The concept is applied by the managers who understand the importance to human intellect and seek a strong relationship with their employees. They understand that the employees are the facilitators who deal directly with the customers and satisfy their needs.

1. To Make Best Use of Human Resource: Participative management does not restrict organizations to exploit only physical capital of employees. Rather it makes the best use of human intellectual and emotional capital. It gives employees an opportunity to contribute their ideas and suggestions to improve business processes and create a better working environment.

2. To Improve the quality of work: Worker’s participation in management improve the quality of work. It reduce the time of making of a product. It is very co-operative function in the management. By this anyone can get product with high quality. By improving the quality of work it is helpful in making the good brand image in the external market.

3. To Maintain a Proper Flow of Communication: Two-way communication plays an important role in the success of any organization. Employee participation in decision making ensures proper flow of communication in the organization. Everyone contributes their best and tries to strengthen the organization by contributing their best to improve business processes.

4. Increase Productivity: Worker’s participative management increases the productivity of the employees. Because it makes better communication network for the employees. Indirectly it is also increases the profit of the organisation. It makes good working culture for the employees. In today’s competitive world, motivation, job security and high pay packages are not enough to increase industrial productivity.

5. To Retain Best Talent:  Worker’s Participatory management is one of the most effective strategies to retain the best talent in the industry. It gives employees a sense of pride to have a say in organizational decision making process. Once they are valued by their seniors, they stick to the organization and become management’s partners in meeting specific goals and achieving success.

6. To Maintain a Proper Flow of Communication: Two-way communication plays an important role in the success of any organization. Employee participation in decision making ensures proper flow of communication in the organization. Everyone contributes their best and tries to strengthen the organization by contributing their best to improve business processes. It is very helpful stop the strike in the organisation.