This Project Report is on Workers Participation in Management {WPM} of Grasim Industries Ltd. Project Report, Economic Decisions, Social Decisions of Employees
It is the process, by which authority and responsibility of managing industry are shared with workers.
Three groups of managerial decisions affect the workers of any industrial establishment and hence the workers must have a say in it
Economic Decisions – Economic Decisions like methods of manufacturing, automation, shutdown, lay-offs, mergers.
Personnel Decisions – Personnel Decisions like recruitment and selection, promotions, demotions, transfers, grievance settlement, work distribution.
Social Decisions – Social Decisions like hours of work, welfare measures, questions affecting work rules and conduct of individual worker’s safety, health, sanitation and noise control.
In practice, the participation of employees/workers can take place by one or all the methods listed below:
Significance of Study Workers Participation in Management [WPM] in Grasim Industries Ltd. :
Factor considering by Grasim Industries Ltd. in Employees/Workers Participation in Management [WPM] :
Objectives of Project Report
Objectives of Project Report shoes the ultimate aim for doing the work on project these are as follows-
Research Methodology
Research Methodology (also called manner) is defined as
"the systematic study of methods that are, can be, or have been applied within a discipline".
Research Methods
The goal of the research process is to produce new knowledge. Some of research methods are:
Exploratory Research : Exploratory research, which structures and identifies new problems
Constructive Research : Constructive research, which develops solutions to a problem
Empirical Research : Empirical research, which tests the feasibility of a solution using empirical evidence
As discussed previous the main approaches of research,
Here I used in this project report on Workers Participation in Management [WPM], an exploratory research approach.
Analysis and interpretation
Grasim Industries Ltd. focus three main principle for WPM
Ways and methods of WPM in Grasim Industries Ltd.
Maximum adopt the method of Q.C.C and T.Q.M
Findings
Conclusion
As we can conclude that WPM is very important tool for productivity increased harmonious relationship and industrial growth. There are various methods of WPM, but QCC and TQM are mostly followed by Grasim Industries Ltd..
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