Union versus managerial prerogative

Article Abstract:

Labor unions in the US originally focused their concerns on 'the job territory'; issues that directly affected employment. Unions since the late 1960s have extended their activities into areas previously thought to be the prerogative of management, such as means of manufacture and scheduling of operations. This change in perspective has been brought about by economic changes such as increased international competition, technological advances, and deregulation. In many cases, unions and management have been forced to make concessions for the sake of mutual survival. There are indications that organized labor believes that more issues should be jointly determined, but the majority of labor leaders still feel that issues outside of the job territory should be left to management alone.

Economic policy, Labor relations, Participatory management, Labor unions

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Innovative risk-taking

Article Abstract:

Programs that successfully stimulate innovation within organizations have two distinguishing factors: an orientation toward the needs of the market, and enforcing, repeatable business practices that emphasize consistency and innovation. The process of making innovation a skill that can be learned and repeated consists of: looking for opportunities, even in areas of corporate weakness or failure; evaluating opportunities in terms of their potential return and cultural appropriateness; identifying critical issues and risk containment procedures for opportunities; and following an implementation plan designed to win acceptance within the organization.

Business, Innovations, Risk (Economics), Corporations

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