Reference no: EM132340101

Question

You and your partner are now in charge of your family business. Your father and mother were from the old school and worked very hard and had certain systems in place. You and your partner realize that the old workplace, in which managers simply told employees what to do, is gone. Today, employees want to be involved in management, and organizations expect employees to work in teams and share in decision-making and other management tasks.

This is your first meeting with the workers that have been with the business for more than twenty years but you have just hired three new people with degrees in business management from the local university placement office. How do you address your employees in this meeting?