Industrial Relations: An approach to improve Productivity and Profitability referring to select units of Mumbai Industries Development Corporation
Journal Title: International Journal of Marketing and Technology - Year 2012, Vol 2, Issue 7
Abstract
Growing productivity and profitability is a result of industrialisation. The success of the industry and economic development depends on harmonious industrial relations. No organization can operate entirely without human efforts. Objective of the study is to understand the industrial relations and to examine the different machinery for the settlement of industrial disputes if any and there by focusing on workers participation in the management.15 industrial undertakings in Thane district of Mumbai were covered for the study. Both primary and secondary sources of data were employed to collect the data from various units as a part of MIDC. Analytical and exhaustive questionnaire was prepared to know the importance of industrial relations at different units covered under the umbrella of MIDC. Classification and tabulation of data is made according to the need for the study. The analysis has been made based on the factual information collected from respondents through questionnaire, interviews and personal observations. Major finding was cordial and harmonious industrial relations leading to increase in productivity and profitability. Education, training and development of employees are necessary as a part of effective participation while making decisions.
Authors and Affiliations
Dr. U. M. Premalatha
Keywords
Related Articles
- EP ID EP19504
- DOI -
- Views 327
- Downloads 13
APPRAISAING THE PERFORMANCE: A STUDY ON PUBLIC AND PRIVATE SECTOR ORGANIZATIONS
Appraising the performance of the human resources is the most vital goal of the organization. The success of any organization depends on the effectiveness of the recruited people and that can be achieved by measuring t...
A Study on Models of Marketing Intelligence
The successful business will be Customer-Driven rather than Product-Driven. Every day customers, competitors, suppliers, and employees are providing bits of Information useful to business owners. All these information...
EFFECT OF INTEREST RATE DEREGULATIONS ON BANKS DEPOSIT MOBILIZATION IN NIGERIA
This study assessed, in empirical terms, the effect of interest rate deregulations on banks deposits mobilisation in Nigeria. It adopted the econometric tool of Ordinary Least Square (OLS) Regression method to analyse...
Simulation of processing financial and economic information in the integrated information systems of the treasury
Intoduction.At the formation of the treasury structures within some enterprises and holding companies on the basis of the systematic approach it is supposed to conduct activities in two stages. Thus, if the first one s...
Application of Soft Computing Techniques to Prediction of Faulty Classes in Object Oriented Software
Estimating number of defects or predicting fault-proneness in object oriented software modules plays a key role in quality control of software products. Over the last few years, software quality has become one of the m...