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What is a Management Dashboard?
The term Management Dashboard defines a wide range of data reporting and visualization tools or dashboards that allow using various performance & efficiency measures to report on an enterprise’s ability to organize and coordinate its activities in accordance with certain policies and in achievement of pre-determined objectives. What is a Management Dashboard?
 
 
 
 
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Money Management Action Plan

In this Money Management Action Plan you can read a range of tips and suggestions that will help you manage your money in an effective manner.

Money Management Action Plan
 
 
 
Home » Glossary » What is Employee Participation
What is Employee Participation  

What is Employee Participation



 
 

Employee Participation is a process of involving employees into decision-making processes: it is a deliberate withdrawal from a traditional schema whereby employees just act on orders produced by their management. Employee participation policy empowers employees to have more freedom in making decisions for themselves – it is a process of managerial decentralising when employees are trusted as responsible professionals (are encouraged to self-manage their activities) and obtain their portion of power to contribute into decision-making of a higher level. 

Employee participation includes different positions that show its multifaceted nature: 

  • Raising of employee knowledge on corporate policies and expansion of their responsibility upon these policies to a reasonable level;
  • Training people to be more accountable to themselves: promoting reasonable demands for self-organization and self-controlling;
  • Providing employees with the opportunity to influence a decision-making on higher managerial levels: regular participation of employees and managers in meetings, discussions and voting for shared decisions can be included into this approach;

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