Volume : II, Issue : VIII, August - 2013

Employee Empowerment and Competitive Advantage

Dr. M. Venkateswarao

Abstract :

As we move ahead in today’s fast paced business environment, it is imperative for an organization to have a highly skilled, competent, satisfied work force. In order to obtain such employees, an organization must offer education programs, let employees be involved with decision–making and have adequate reward systems. This new type of management style is called Employee Empowerment. To achieve this new management technique, the organization, as a whole, must undergo an extensive transformation process. Empowering employees is a top–down change that must begin with management. If today’s companies are to be competitive they must be more agile and inventive in their quest to lower costs and increase value to the customer. A key method companies are using to tackle these daunting tasks is unleashing their most powerful weapon, their employees. By empowering teams of employees, companies are using their greatest asset to its highest potential and, in return, are becoming more competitive in the emerging global economy. The purpose of this paper is to examine how managers can approach and implement a sound employee empowerment program, benefits of the programme and competitive advantage.

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Article: Download PDF    DOI : https://www.doi.org/10.36106/gjra  

Cite This Article:

Dr. M. Venkateswarao, Employee Empowerment and Competitive Advantage / Global Journal For Research Analysis, Vol:2, Issue:8 August 2013

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