seminar presentation

1. SEMINAR
Akhil Lal P
MBA- MCMAT
Sub:-Industrial Democracy

2. Meaning of Industry;
Industry refers to economic activities,
which are connected with conversion of
resources into useful goods.
Meaning of Democracy;
control of an organization or group by the
majority of its members.

3. The Concept of Industrial
Democracy;
 The concept of industrial democracy is a
complete departure from the traditional concept
of autocratic management or one-man
governance.
 In industrial democracy, worker are treated as
responsible partners of the enterprise and are
allowed to participate in the decision -making
process through different methods.

4. Objectives;
To improve a sense of commitment to the
organizational objectives, plans and
activities among employees.
To satisfy psychological needs of the
employees.
To respect human dignity of employees

5. Pre-requisites of Industrial
Democracy
 There should be strong trade union with
constructive leadership in every enterprise.
 The employers should have the willingness to
treat workers as equal partners in industry.

6.  All the parties to industrial relations, namely,
employers, employees and government should
have full faith in industrial democracy.
 The workers and management should have the
genuine desire to del with the industrial problems
peacefully and through democratic means.

7. Benefits of Industrial
Democracy;
Less industrial disputes resulting from better
communication between management and staff.
Improved decision making processes resulting in
higher quality decisions.
Increased creativity, enthusiasm and commitment
to Corporate objectives.
Lowered stress and increased wellbeing.

8.  Better use of time and resources.
 Improved productivity including service delivery.
 Increased job satisfaction resulting in reduced
absenteeism.
 Improved personal fulfillment and self-esteem.

9. Thanks.....