ir emerging socio economic profile
TRANSCRIPT
Industrial Relations & The Emerging Socio- Economic
Scenario
Prepared By:Ruchi Sachdeva
Industrial Relations & The Emerging Socio- Economic
Scenario
Industrial Relation is the interaction between workers & the management.
Emerging socio-economic means the new trends in IR in the era of GLOBALISATION.
During earlier times means before the advent of New Industrial Policy
• The IR were reactive and on adhoc basis.
• They were rigid and inflexible.
But when New Industrial Policy was announced in 1991 IR’s too experienced the change
New industrial and trade reforms were announced by the government that improved the relations.
The best thing was New Industrial Policy altogether generated a new business environment where in PRIVATE sector was liberated from the clutches of excessive government control.
New Economic Policy maintains good Industrial Relations.
Developments In IR
Trade unions.
Quality of work life improved.
New context.
TRENDS
OLD Aim – Labor and
management have different.
Information- Hold information to ones own chest.
Mode of operation- Strict rules and procedures.
Feeling – Negative.
New Aim –Both have shared
and common goals.
Information- Open & transparent.
Mode of operation- Realistic plans
Feelings- Positive
THANK YOU!!!