Participative management and Job Satisfaction
Overview
One of the key objectives of any organization is to make as many profits as possible, while still ensuring that they have a satisfied consumer base and workforce. To ensure this strategy is met, several strategies have to be put in place. Among the strategies, one is ensuring proper management of the organization. Management has several elements to it. One of these management elements is participative management, which is a sure way to achieve job satisfaction.
Participative management is all about the involvement of employees in the decision making process of an organization. Research has proven that employees become responsible in the execution of their duties if they get involved in the decision making process. On the other hand, job satisfaction comes about as a result of good management and leadership skills. With good leadership, the management can maintain a motivated workmanship, whose result is high productivity.
This paper discusses in detail various aspects of participative management. These include involving employees in decision making, and empowering them by executing fair remuneration and compensation plans. Another aspect that this is detailed in this paper is the effect that multi-culturalism has on participative management and job satisfaction.
Still in this paper, there is a little bit information about the challenges that managers face while trying to implement participative management in their organizations. The paper highlights the importance of participative management, and why all levels of management in any organization need to cooperate and work together towards achieving this goal.
The analysis of this particular topic was based on researches and studies that have already been done in the past. Each of the aspects has also been analyzed individually, making it easier to comprehend the report.
