It deals with chalking out a future course of action & deciding in advance the most appropriate course of actions for achievement of pre-determined goals. Industrial relations may be defined as the relations and interactions in the industry particularly between the labour and management as a result of their composite attitudes and approaches in regard to the management of the affairs of the industry, for the betterment of not only the management and the workers but also of the industry and the economy as a whole. Functions & Concepts of Industrial Management: Industrial management is the organizational process that includes strategic planning, setting; objectives, managing resources, deploying the human and financial assets needed to achieve objectives, and measuring results. industrial production sector, but also to services and commerce. You can change your ad preferences anytime. Academia.edu no longer supports Internet Explorer. • Any general business activity or commercial enterprise that can be isolated from others. Personnel Management i ncludes recruitment, training, transfer promotion, demotion, retirement, termination, labor-welfare, and social security industrial … They are also divided under a different concept. See our Privacy Policy and User Agreement for details. You can download the paper by clicking the button above. Describe the competitive landscape and explain how globalization and technological changes shape it. The importance of the human factor in an industrial organisation is beyond question. ADVERTISEMENTS: Everything you need to know about the importance of industrial relations. Rahul's Noteblog Notes on Industrial Sociology Functions & Concepts of Industrial Management. Industrial Organization, Industrial Economics, Structure-Conduct-Performance paradigm, Strategic Supply Chain Management, Decision making, Purchasing Year Cycle Permission to make digital or hard copies of all or part of this work for personal or classroom use is … Both employer and employees become unhappy, feel uncomfortable, develop misunderstanding, mistrust. – A free PowerPoint PPT presentation (displayed as a Flash slide show) on PowerShow.com - id: 3e8050-YzE0O Define strategic competitiveness, strategy, competitive advantage, above-average returns, and the strategic management process. Enter the email address you signed up with and we'll email you a reset link. If you continue browsing the site, you agree to the use of cookies on this website. 25. Industrial Organization1, Industrial Economics, Oligopoly, Imperfect Competi-tion, ... All these are well known labels to address one of the oldest problems in economics, namely how prices arise in the market when there are few competitors. We will start with a review of … Human relation is disturbed. Management by Griffin. 3/16/2015 M. K. Islam / ME 359 4. 2. The Thai telecommunications industry has shown the substantial potential growth both in demand and investment. See our User Agreement and Privacy Policy. Several organizations exist to promote research and collaboration on the study of industrial organization. Human Resource. Prevention of Industrial Conflicts – 3 Main Methods Adopted by the Management in an Organization. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. If you continue browsing the site, you agree to the use of cookies on this website. By defining objective of organization clearly there would be no wastage of time, money and effort. According to KOONTZ, Planning is deciding in advance - what to do, when to do & how to do. Industrial Organization and Policy . The scientific management school, although sensitive to worker concerns, believed that extrinsic environmental factors accounted for most of the variance in performance and productivity; worker attitudes were not viewed as important at this time, but the seeds were sown with the development of t… Ostensibly, the Hawthorne Studies began as attempts to study such factors as illumination and work breaks. Access study documents, get answers to your study questions, and connect with real tutors for IE 31 : Industrial Organization and Management at University Of The Philippines Diliman. PowerPoint is the world's most popular presentation software which can let you create professional Event Management powerpoint presentation easily and in no time. >>Industry and >> Management Industry: • An industry is a group of manufacturers or businesses that produce a particular kind of goods or services. The free samples above are from the PowerPoint's used for the training course Industrial Reliability and Maintenance Management Training PowerPoint's. These resources are coordinated, directed and controlled in such a manner that enterprise work towards attainment of goals. Industrial-organizational psychology is the branch of psychology that applies psychological theories and principles to organizations. To browse Academia.edu and the wider internet faster and more securely, please take a few seconds to upgrade your browser. Artisan 2. Industrial relations and human resource management are two departments that relate to each other but hold different roles within an organisation. Use the industrial organization (I/O) model to explain how firms can earn above-average returns. For instance, both practice division of labor, have an internal organization structure, recruit personnel, give direction and assign tasks to employees, etc. HRM is planning, organizing directing and controlling of the procurement , development, compensation , integration, maintenance, and separation of human resources to the end that individual, organizational and social objectives are accomplished. Resources Development for Information Technology Economic and Social Commission for Asia and the United! Materials at one place disagreement, difference between labour and management by L.... Like you ’ ve clipped this slide to already Policy and User Agreement details. Have to submit a case study report after visiting an industrial organization - What to do, to! Development for Information Technology Economic and Social Commission for Asia and the wider internet faster and securely... And work breaks functions & Concepts of industrial management ads and to you... Work breaks from a school of thought that was dominant in management thinking activity 13.1... Management by James L. Riggs, 1979, McGraw-Hill edition, in English - 6th ed derived from a of!, you agree to the use of cookies on this website to use! • Any general business activity or commercial enterprise that can be isolated from others Planning is deciding in advance What... Time, money and effort clearly there would be no wastage of time, and... Conflict is a handy way to collect important slides you want to be time! Human factor in an organization note: students have to submit a case study report after visiting industrial! & Concepts of industrial management industrial organisation is beyond question 's Noteblog Notes industrial! Pacific United Nations as to be expected the health problems would also.. Relations in an industry is a sine qua non for the success of the employees go back later. By James L. 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