Explain ‘Participative Management’.

Participative Management, also known as participative leadership or employee involvement, is an organizational management approach that encourages the active participation of employees in decision-making processes, goal setting, and problem-solving. In a participative management model, leaders collaborate with their team members to make decisions, share information, and collectively contribute to the organization's success.

This approach recognizes the valuable insights and expertise of employees, fostering a sense of ownership and commitment. Participative management aims to improve employee morale, motivation, and job satisfaction by providing a platform for their input and involvement in shaping the direction of the organization. It can take various forms, including team meetings, brainstorming sessions, suggestion programs, and involvement in decision-making committees.

Key benefits of participative management include increased employee engagement, enhanced creativity, and a stronger sense of organizational commitment. However, successful implementation requires effective communication, trust-building, and a supportive organizational culture that values and encourages employee contributions. Participative management aligns with modern leadership trends that emphasize collaboration, inclusivity, and the recognition of employees as valuable contributors to organizational success.