Final Answer:
Derrek Dugan has become the president of DBD Enterprises. He sets up meetings with groups of employees to get their opinions about steps needed to turn around the company's declining sales. This part of the decision-making process is an example of involving employees in the process of participative or collaborative decision-making.
Step-by-step explanation:
Derrek Dugan's action of setting up meetings with groups of employees to gather their opinions about steps to turn around declining sales exemplifies a form of participative or collaborative decision-making. This approach involves seeking input, suggestions, and insights from employees at different levels within the organization to contribute to the decision-making process.
Participative decision-making recognizes the value of collective knowledge, diverse perspectives, and firsthand experiences of employees. By involving them in the decision-making process, leaders like Derrek Dugan can tap into the expertise of those directly involved in the day-to-day operations and gain valuable insights that might not be readily apparent from a top-down approach.
This inclusive approach fosters a sense of ownership, empowerment, and engagement among employees, leading to increased commitment and motivation towards implementing the decisions made collectively. Additionally, it can result in more effective and well-rounded decisions, as input from various stakeholders can provide a comprehensive view of the challenges and potential solutions faced by the company.
Derrek Dugan's action reflects a leadership style that values employee input and collaboration, leveraging the collective intelligence of the workforce to address critical issues facing the company. This approach not only promotes a more democratic and inclusive decision-making process but also strengthens employee morale and commitment towards achieving the company's goals.