Industry relation management between the human resource and the company creates a havoc of business management concerns these days since business companies are rapidly changing the business setup in terms to the modern technological upgrades. Many high technology companies try to locate their production department for example in a “sub-unit” or a country with higher academic intellect. The theory of labor and capital intensive will again be a consideration to discuss the argument space between the gap of industry and labor skills.
One
aspect that Bain and Clegg with the help of Jackson points out that the social
structure as a whole will determine the capacity of the human skills to adhere
to the requisites of the industry’s demand.
Control of the labor processes must consider the knowledge and the
academic skills being used in the industry. Labor process is defined as “the
means by which raw materials are transformed by human labor, acting on the
objects with tools and machinery”.
Congruently, the labor market these days demands greater
academic qualifications to come up with the highly demanding industry task. Academic
qualifications further argues the effectiveness of a master or a Phd. Graduate that
sometimes the degree attained is not in congruent to the demand of the
industries of today. Many Industries
further classify labor applicants according to the universities they graduated. Indeed, the ILO (International Labour Organization) has huge labor cases that
need concerns not only in a national or a country wide issue but rather International
level affecting the famous conglomerate institutions.
Fundamentals of ILO
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