Directorate of distance education master of business administration

Objectives
The objectives of industrial relations are:
 
ӹ To safeguard the interests of the labour and the management by 
preventing one of the players from getting a strong hold over the 
other;

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ӹ To develop and secure mutual understanding and good 
relationship among all the players in the industrial set-up.
 
ӹ To maintain industrial peace and harmony by preventing 
industrial conflicts
 
ӹ To improve the standard of living of the average worker by 
providing basic and standard amenities.
 
ӹ To increase productivity by minimizing industrial conflicts and 
maintaining harmonious industrial relations.
 
ӹ To ensure discipline in the organization and in the industry.
 
ӹ To provide a basic framework for the management and the 
employee to resolve their differences.
 
ӹ To improve the bargaining capacity of the workers through trade 
unions.
Importance
 
ӹ IR is a key for increased productivity in industrial establishments
 
ӹ IR has moral dimensions, too. It is unethical on the part of any 
management to take advantage of the helplessness of workers 
and exploit them. IR assumes relevance in this context. One of 
its objectives is to protect workers interest and to improve their 
economic conditions.
 
ӹ IR seeks to protect the rights of managers too. Where a worker’s 
behavior deviates from expected lines, it is the management’s 
prerogative to take action.
 
ӹ There is a set procedure for handling any act of indiscipline or 
indiscretion on the part of an employee and if the management 
satisfies the procedure, it is justified in taking action
 
ӹ IR emphasis the need to keep labour in check by floating stooge 
unions, buying up union leaders, and striking clandestine deals 
with powerful politicians do no good to managers or to the 
organizations they represent.

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