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What is the essence of participatory management?

  1. Involving employees in decision making

  2. Improving efficiency by reducing staff

  3. Enhancing productivity through strict supervision

  4. Provision of rigid guidelines for operations

The correct answer is: Involving employees in decision making

The essence of participatory management lies in involving employees in decision making. This approach recognizes that those who are engaged in the day-to-day operations of an organization often have valuable insights and ideas that can contribute to its success. By encouraging input and collaboration from staff at all levels, organizations can foster a sense of ownership and accountability, leading to improved morale and motivation among employees. Participatory management not only empowers employees but also promotes open communication and a culture of teamwork. When workers are given a platform to share their thoughts and contribute to decisions, it can lead to innovative solutions and enhanced problem-solving capabilities. Overall, this inclusive approach can result in better organizational performance as employees feel valued and invested in the outcomes of their work.