PARTICIPATIVE MANAGEMENT – A NEW DIMENSION IN MANAGING HUMAN RESOURCES ISSUES

The role of Human resources is changing as the result of globalization, rapid real-time technological development and progress, and changes in the expectations of the stakeholders among others. Operating human resources across geographic and cultural boundaries can often prove difficult for the Human resource function. Nonetheless, with the widespread use of technology, the ability to communicate with anyone around the world and access to new and varied markets, international and diversified people issues are important to understand and be addressed. The new emerging global era has brought in various changes in the way business and industry view, manage and run their operations. In today's globalised corporate world, the only standard constant is change – fundamentally when it comes to the human resources function and its modalities. This is a conceptual paper on participative management ideology with an entrepreneurial mind-set.