How do regular consultations between managers and their subordinates?

How do regular consultations between managers and their subordinates
impact productivity and job satisfaction?
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All depends on who is the manager and who are the subordinates. One cannot make a categorical statement regarding their relationship. There are certain industries where the interplay of the manager and the subordinate is paramount to running a sound business. There are other situations where the subordinate is the expert and the manager wants an update. In any business, it is always best that the manager and employees understand one another and that the manager support his people. This helps productivity and job satisfaction.