THE IMPACT OF EMPLOYEE EMPOWERMENT ON PRIVATE SECTOR COMPANIES IN CHENNAI
Abstract
The major goals of empowerment are to encourage employee participation by fostering a climate of trust between management and staff. It is one of the contemporary ideas that is thought to improve the human component in contemporary organisations so that they can achieve high levels of cooperation, team spirit, self-confidence, innovation, independent thinking, and entrepreneurialism. Empowering workers is one method of maximizing output from workers and putting everyone's talents to good use so that the business can reach its goals. When people are given more control over their work and lives, they are empowered, which leads to increased productivity and innovation.
Key Words: Private sector, Empowerment, Job Satisfaction, Motivation and performance etc