What do you mean by participative management? Discuss its advantages and disadvantages.

Twentieth century has witnessed several drastic and revolutionary changes in the field of industries. The success of a business enterprise depends on cordial industrial relations. If the attitude of the workers towards their work is positive, they try to contribute their best for the achievement of organisational goals.

The employer-employee relation should be strengthened to create a congenial work atmosphere so that the contribution of the employees towards the achievement of goals of management can be enhanced. This will pave way for the Industrial Harmony which is very essential for the uninterrupted production/service.

The word participation means sharing the decision making power with the lower levels of the employees in an organisation. Participation has tremendous motivational value and promotes harmony and peace between the workers and the management. Participative management is also known as workers’ participation in management. The concept of workers’ participation in management is considered as a mechanism where workers have a say in the decision making process of the enterprise. The workers are able to see how their activities can contribute to the overall growth of the organisation. The workers’ participation in industry is the extension of democracy of the country. The success or failure of an undertaking is not the concern of management alone, since workers are also part of the organisation. For the peaceful evolution of economic system on democratic lines, it is essential that workers participation in management is accepted as a fundamental principle and urgent need.

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