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In Atlantis Ltd, no importance has been ...

In Atlantis Ltd, no importance has been attached to the suggestions given by the subordinates. Lately, the company appointed Mr Manav as its CEO, an MBA, with an experience of over a decade. After taking charge, he started the campaign for collecting suggestions from the employees. The response was tremendous and suggestions offered when implemented, fetched an additional profit of 150 crore.
ldentify the principle of management opted by the CEO and state its positive effects.
What kind of leadership style does Mr Manav reflect?

Text Solution

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Principle of 'Initiative' is being opted by Mr Manav.
(i) The positive effects of following this principle are
(a) It develops the feeling of belongingness amongst the employees.
(b) Employees get satisfied as they are allowed to act on their own. (c) It helps to increase creativity of the workers.
(ii) Mr Manav is a democratic leader, as he takes all his decisions after consulting his subordinates and considering their opinions.
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