Abstract:
The primary objective of the study was to investigate into employees’ participation in
decision-making and it impact on productivity; using Sekyeredumase Rural Bank as a
case study. Data for the study was obtained from management and employees of
Sekyeredumase Rural Bank. A sample size of 60 respondents was used for the study.
This sample was selected through the purposive sampling and simple random
technique. Findings from the study suggest that the most important benefits of
employee participation in decision making are genuine employee commitment, better
decision, elevation of employee morale, innovation and knowledge sharing, it boost
employee satisfaction and motivation, increased efficiency, improves employee
performance and helps prepare subordinate for managerial positions in the future. The
findings further revealed that management by objective, collective bargaining, work
ownership schemes and board representation are the techniques of employee
participation in decision making that are mostly used by the rural bank. The findings
further revealed that participatory management has positive impacts on organisational
productivity, employee productivity, utilization of resource and quality service
delivery. Finally, study revealed that some of the key adverse effects of participatory
management practices on organisational performance are it slows down decision
making process, wastes time since many people are involved in the decision making,
participatory management lowers organisational efficiency, leakage of confidential
organisational data etc. Based on the results of the study it was recommended that the
bank must adopt the necessary measures to control leakage of confidential
organisational data whenever they practice participatory management to involve
employees in organisational decisions making process. It was also recommended that
the bank must reserve certain strategical and operational decisions to only
management to make in order to meet the make demands all the time
Description:
A dissertation in the Department of Management Studies Education, Faculty of
Business Education, submitted to the School of Graduate Studies in partial
fulfilment of the requirements for the award of the degree of Master of Business
Administration (Human Resource and Organisational Behaviour)
In the University of Education, Winneba
AUGUST, 2017