Towards a New Paradigm of IR Strategy

Somnath Ghosh ()
Additional contact information
Somnath Ghosh: Indian Institute of Management Kashipur

No 5808193, Proceedings of International Academic Conferences from International Institute of Social and Economic Sciences

Abstract: In the realm of managing industrial relations (IR), organizations are handicapped in two ways: the government?s labour regulations and compliance regime, and their own inability to extricate themselves from half-baked theories and poor management practices. Research findings indicate the growth of the informal sector at the expense of the formal sector, but with low productivity, low wages and virtually no job security. And in the formal sector, data indicates rising conflict often laced with brutal violence. While organizations in the formal sector wait for labour reforms towards greater labour market flexibility that would lead to greater labour mobility and higher productivity and employment in the formal manufacturing sector, they could undertake a paradigm shift in their IR strategy. Such a paradigm shift in IR strategy would not just obviate many of the ills besetting the industrial relations scenario, but provide a competitive advantage. Based on a year-long work in a steel tube manufacturing company in western India, this paper distils the architecture of a paradigm shift in IR strategy for organizational turnaround.

Keywords: IR Strategy; conflict; high potential candidates; Ops-HR linkage (search for similar items in EconPapers)
JEL-codes: J50 (search for similar items in EconPapers)
Pages: 1 page
Date: 2017-10
New Economics Papers: this item is included in nep-iue
References: Add references at CitEc
Citations:

Published in Proceedings of the Proceedings of the 33rd International Academic Conference, Vienna, Oct 2017, pages 105-105

Downloads: (external link)
https://iises.net/proceedings/33rd-international-a ... =58&iid=016&rid=8193 First version, 2017

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sek:iacpro:5808193

Access Statistics for this paper

More papers in Proceedings of International Academic Conferences from International Institute of Social and Economic Sciences
Bibliographic data for series maintained by Klara Cermakova ().