Smart business leaders are always looking for ways to improve productivity, raise employee morale, and distinguish themselves as employers of choice.
So it makes sense that participative management styles are getting attention.
Participatory management can help companies cultivate leaders from within, promote employee engagement, and improve retention. These positive effects can deliver strategic advantages in an increasingly competitive labor market.
But a participative leadership style is more than just a team structure. Participative leadership is based on mutual trust, respect, and an inherent value for the perspectives and insights of all employees throughout an organization’s hierarchy.