From democratic participation to shared values: Improving employee-employer interactions to achieve win-win situations

Wenzhi Zheng, Yen Chun Jim Wu, Meizhi Xu

Research output: Chapter in Book/Report/Conference proceedingChapter

2 Citations (Scopus)

Abstract

A low-level equilibrium exists between low investment among employers and low loyalty among employees in private enterprises, and this is because enterprises follow the laws of the market and wait for changes in labor relations. On the basis of theoretical analysis, this paper establishes a process model to achieve high-level equilibrium between employees and employers and win-win situations. First, enterprises should follow social-exchange laws and create their management philosophies accordingly, in addition to exploring collective targets set including their interaction paths. Second, enterprises should be active and take the first step to improve labor relations through a participative style of management. The ensuing change in employee cognition leads to positive organizational behavior and positive interactions, with the realization of mutual benefit and win-win situations as possible final results. Democratic participative management is a necessary condition for the creation of win-win situations, which can effectively avoid the disequilibrium of high employer investment and low employee loyalty that contributes to labor shortages in China.

Original languageEnglish
Title of host publicationHandbook of Research on Human Resources Strategies for the New Millennial Workforce
PublisherIGI Global
Pages421-432
Number of pages12
ISBN (Electronic)9781522509509
ISBN (Print)9781522509486
DOIs
Publication statusPublished - 2016 Nov 17

ASJC Scopus subject areas

  • Economics, Econometrics and Finance(all)
  • Business, Management and Accounting(all)

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    Zheng, W., Wu, Y. C. J., & Xu, M. (2016). From democratic participation to shared values: Improving employee-employer interactions to achieve win-win situations. In Handbook of Research on Human Resources Strategies for the New Millennial Workforce (pp. 421-432). IGI Global. https://doi.org/10.4018/978-1-5225-0948-6.ch022