Notes
Slide Show
Outline
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Economic Interdependence and IRHRM Issues
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Administrative
  • Reading for next class – Multi-national Corporations
  • Essay reminder - Monday
3
Review
  • Models – Frameworks of Comparison
  • Canada
  • Britain
  • Sweden
  • France
  • Italy
  • Germany
4
Today
  • Donn and Karper – Changing Product Markets and the New Industrial Relations
  • Sources of post-war US economic dominance
  • Growing Economic Interdependence
  • Impact on US mass-production industries
  • Spread to service industries
  • Implications for the US and other economically developed nations
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I. Sources of US Post-war Economic Dominance
  • Technological advantage


  • More capital per worker


  • Unique product market
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I. Sources of US Post-war Economic Dominance
  • Why are these all disappearing?
  • Technological advantage


  • More capital per worker


  • Unique product market
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II. Growing Economic Interdependence
  • Evidence


  • How does the US compare to other economically developed nations?
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III. Impact on US Mass-production Industries
  • Pressure on costs


  • Pressure on industrial-relations institutions


  • Internationalization of HR institutions


  • Inability to remain competitive despite cost cutting
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IV. Spread to Service Industries
  • Examples of other industries


  • Effect on previously unthreatened US workers
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V. Implications for the U.S. and Other Economically Developed Nations
  • Implications for companies?
  • Implications for workers?
  • Implications for unions?
  • Implications for governments and government policies
  • Implications for standards of living?
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Next Time
  • IRHRM in multi-national companies