Presentation for IRL.pptx industrial relation

Presentation for IRL.pptx industrial relation

1. Future Towards Collective Capitalism BY Tanmay Biswas (IPM23126) Tushar (IPM23128)

2. What is Collaborative Capitalism? “Capitalism with shared responsibility” → matches modern stakeholder theory. “Employees as stakeholders” → correct; also aligns with ideas from stakeholder capitalism (World Economic Forum, etc.). “Balances Profit + People + Purpose” → perfect fit with ESG/sustainable business literature.

3. Theoretical Foundations Adam Smith Stakeholder Theory CSR & Shared Value Social Capital. Welfare/Institutional Capitalism

4. Benefits of Collaborative Capitalism Higher engagement. Reduced conflict. Positive reputation. Innovation & growth.

5. Challenges & Criticisms Greenwashing risk. Balancing profit vs purpose. Gig worker vulnerabilities. Culture & sector differences.

6. IKEA’s Collaborative IR & Value Chain Model

7. Core Philosophy → “A better everyday life for the many” Employee Voice → Feedback lines, collective agreements Supplier Collaboration → IWAY code of conduct Governance & Oversight → Sustainability groups, audits Impact → Strong ethical image, challenges in supply chain enforcement

8. Other Emerging Examples

9. Challenges Ahead Traditional Resistance Profit vs. People Dilemma AI & Automation Global Supply Chain Gaps Risk of Tokenism / Greenwashing

10. Future of IR – A Collaborative Roadmap Stronger Social Dialogue Employee Empowerment Tech for Collaboration (not control) Inclusive Global Standards Shared Value Creation

11. conclusion From Conflict → Collaboration Business + Workers = Partners Collaborative Capitalism = Sustainable Growth

12. THANK YOU