How do companies benefit from empowering their employees and

How do companies benefit from empowering their employees, and how do employees benefit from empowerment? Provide an example of a company that you have researched, or even a company you are familiar with, and discuss in detail the employee empowerment strategies used there. What motivation theories does the company appear to be using? How can the company do more for its employees?P.S Use APA format for citations and include a reference list.

Solution

Employees empowerment has been defined in many ways that can empower both the employees and employer. It is a process that can allow a employee to have input and control over their work, share suggestions and ideas to work to a organization as a whole. Companies can be benefited in following ways:

1. Improve productivity - Reduce Cost : Employees have great ideas to increase productivity and reduce cost, but companies needs to know how to listen and ask for these ideas. Employee confident about their ideas needs to listen and work in a way that it is helpful to company and employee.

2. Better customer service: Empowered employees have power to make decisions without the supervisor, they bend the rules and go off script to what is best for the customer. A better customer service in many fields provided by empowered employees in comparison to untrained.

3. Embracing Change: Empowered employees feel free to question, challenge and offer new ideas. This helps company to compete in market with competitors which help both the employees and employer.

Employees benefited in many ways, these are as follows:

1. Employees are more engaged in worked when empowered, and it turns their impact and influence in business around them.

2. Empowered employees are more innovative and willing to take initiative to solve problem.

3. Higher job satisfaction

4. Reduce stress among employees

5. Perform better at job

Different companies have different employee empowerment strategies. Take an example of an Textile company called INDORAMA SYNTHETICS (I) Ltd, Nagpur India. Company go to online government formalities for importing spares and raw material instead of paper. There are many strategies that company used to empower employees for this change, these are as follows:

a. Providing necessary training and skills to selected staff for online custom formalities through seminars and meetings by custom department of government. It includes how to upload, what to upload and get online approval to release material from customs.

b. Granting sufficient authority: Importing a material is time bounded, delay will cause in demurragesCompany set the limit that employee will be authorize for signing till a particular level.

c. Building employees confidence: Employee confidence can boost in different ways. Providing them challenging task and support employees.