A Study on Conflict Management in the Light of Privatization with Reference to Bharat Aluminum Co. Ltd. (BALCO)
7 Pages Posted: 18 Dec 2019
Date Written: December 2, 2019
It is a common observation that in every growing organization, irrespective of its size and nature, the existence of differences with respect to employee relations is unavoidable at one or the other level. If not handled properly, such differences will lead to severe outcomes. Many organizations have played a role model by overcoming such disturbance by means of equipping their conflict management system with certain innovative practices. Though the proportionate mixture of such techniques varies from firm to firm, but they share the same base and purpose. Over a period of time such organizations have proved to be pioneers in the respective fields. The study is an effort to bring out the lime light over the critical issues like privitization that has led to the conflicts among the various employee groups at Bharat Aluminum Co. Ltd. (BALCO) It highlights the reasons behind the resistance for privatization, ewhile relating them over the impact with respect to the conflict management. It also focuses over the lessons needed to be learnt with the current scenarios like the one at BALCO.
The objective of this paper is to analyze such situations that have led to such friction at BALCO, and to create an outline towards the possible measures which could prove as remedies to avoid such instants.
Keywords: Conflict Management, Privatization, Employee relations, Innovative Practices, Resistance to Change
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