The International Institute for Science, Technology and Education (IISTE)
Abstract
The concept of employee participation in organization’s decision making is not new. However, the idea couldn’t gain that much popularity among organizations. Studies have shown that only 3-5 percent of organizations have actually implemented this concept in their daily operations. Jute Industry is one of the oldest and high labour intensive industries particularly unskilled and semiskilled. This industry lost huge number of manly hours and productivity due to poor industrial relations. Various studies revealed that the industrial relations are improved in post liberalization in India. So, the researcher studied the importance and application of participative management in post liberalization in this industry. The researcher collected the opinions from the sample respondents through a questionnaire and analyzed with five point Likert scale and weighted average. It reveals in post liberalization employers recognized the importance of participative management which improve the operational efficiency of the employees and maintain cordial industrial relations. Keywords: Participative Management, industrial relations, liberalization, jute industry, operational efficiency, productivity, employee involvement, job enrichment