Final answer:
Active participation through employee involvement in management fosters employee commitment, leading to mutual benefits of improved productivity and job satisfaction. Theory Y workplaces and investments in human capital, such as mentoring and training, contribute to this effect. D. Sets clear expectations for company
Step-by-step explanation:
The main benefit to a company using employee involvement (participative management) for companies and employees to receive mutual benefit is that active participation fosters employee commitment. When employees are allowed to participate in decision-making and express their ideas freely, it can lead to improved productivity and job satisfaction.
Theory Y workplaces exemplify the positive outcomes of employee involvement, where employees are consulted on work process changes and encouraged to contribute their own ideas. The Toyota Motor Manufacturing policy that allows any employee to stop the production line to fix a defect demonstrates this approach effectively. When employees have a sense of ownership and their contributions are valued, it can lead to the overall success of the business.
Investing in human capital through training and skill development is another way to enhance employee involvement and productivity. Proper mentorship, quality management, and substantial employee-trainer interactions can lead to greater job satisfaction, organizational commitment, and an increase in productivity and profits. Therefore, incorporating participative management into a company’s culture is crucial for improving both employee welfare and the company’s bottom line.