Management By Objectives, or MBO, is a management technique centered around participative goal setting. Traditionally the concept of Workers’ Participation in Management (WPM) refers to participation of non-managerial employees …
Management by Objectives (MBO) involve employee participation, goal specificity, performance feedback, reward based on performance, job description, participative decision making. Using Participative Goal-Setting to Teach Self-Management The main idea behind this style of management is not only using physical capital but also making optimum utilization of intellectual and emotional human capital.

Preponderance of organization is dramatically affected in terms of productivity because of better employee performance.

It is challenging not only for managers but for employees as well. The style engaged the whole organization or the specific team, with the responsibility of achieving objectives being spread across.

The concept of workers’ participation in management is based on Human Relations approach to Management which brought about a new set of values to labour and management. ADVERTISEMENTS: (2) It motivates the employees to contribute their maximum and provides an … The objectives and qualities that shape the style of participative or democratic leadership are as follows: 1. Goals are agreed between each individual in a team and the team manager. Workers’ participation in management is an essential ingredient of Industrial democracy. In India, according to the Industrial Policy Resolution 1956, the aim of the government in advocating workers’ participation in management is “a part of its overall endeavour to create a socialist society, wherein the sharing of a part of the managerial powers by workers in considered necessary”.

To be successful, MBO programs should include commitment and participation in the MBO process at all levels, from top management to the lowest position in the organisation. Objectives of Participative Management Participative management acts as a force to motivate employees to meet specific organizational goals.

The business concept of management by objectives (MBO), pioneered in the 1960s, has become a common theme in health management. Management by objectives provides a system which identifies the objectives and contribution of individuals with the overall company objectives and performance. Participative leadership is based on the concept of equal participation of the members in an organization. Participative management is probably the most difficult style of management to practice. It is challenging not only for managers but for employees as well. The self-monitoring procedures help maintain a focus on one's own behavior, provide immediate feedback, and prompt self-reinforcement.
Providing consequences to oneself for performance is another self-management technique. Participative Leadership. For Françoise Chevalier (1991: 27-28), participative management is an ambiguous concept which "has multiple elements" such as Each individual's performance is latter evaluated using the same goals. The main idea behind this style of management s not only using physical capital but also making optimum utilization of intellectual and emotional human capital. Hence it promotes equality amongst the members of the organization.