Employee Empowerment

Industrial Democracy: Empowering Employees in Corporate Governance
Industrial Democracy refers to the principle that employees should have a say in how a firm is run, encompassing various models from employee ownership to consultative mechanisms.
Kaizen Costing: Continuous Improvement in Cost Management
Kaizen Costing is a technique aimed at cost reduction and management during the manufacturing process through continuous, incremental improvements.
Laissez-Faire Leadership: Unstructured Leadership Style
Laissez-Faire Leadership is a management approach where a manager delegates decision-making authority to subordinates. This weakest form of management style aligns with employee empowerment.

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