Introduction to Human Resource Management Industrial Revolution PDF

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Introduction to Human Resource Management (HRM533)
Individual Task
Industrial Revolution
INTI UNIVERSITY"The Richness of the Nations," considered the founder of modern economy and inspired an economic system based on free entrepreneurship, private holding on production methods, a...

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Introduction to Human Resource Management (HRM533) Individual Task Industrial Revolution

Submission date 18/07/2019

Introduction

Britain was the first industrial country. This was about 1750s to 1850s when the transition was made. Only after the 1840s, when real per capita income grew to over 1% a year, really did it begin to grow. Several new industries had shown substantial productivity increases earlier. But the combined effects of mismanagement of the total growth figures were poor harvests, frequent wars, a high population growth and a constantly changing the structural economy, especially in the pioneer country. There are often references in literature to a first ' classic ', industrial revolution of British coal, iron and cotton, followed by steam and railways ; the second, in the 1870s, where the steel, chemical and electric industries became more prominent ; and the third, which dates back to the 20th century, cars and motorcycles. The socalled' maltusian' restrictions were imposed on all pre-industrial economies. In all knowledgeable history, it has almost entirely depended on the amount and quality the population has had to provide its basic needs, such as food, clothing, shelter and energy. Consumption was quite substantial in Great Britain before industrialization. In 1700 the world's highest consumption was three million tons. But problems with drainage in the mines were increasing. It could be done, for example, by increased investment, by working longer and harder, or by introducing a more efficient division of labour. It was not completely impossible to increase growth. However, its limits were limited and, accompanied by an ongoing increase in population, it had to decrease and even disappear. This has changed with industrialisation. First of all, because the quantities and characteristics of the energy used are fundamentally changing. Initially, the use of fossil fuel, in this case coal, was greatly increased. Between 1700 and 1914 the total annual consumption in England increased from three to over two hundred million tons. Coal had enormous advantages compared to other energy sources. It was almost' unlimited' in supplies, almost negligible demand in relation to total stocks. Thus, even with rapidly increasing demand, it remained relatively cheap. With regard to energy, its extraction costs were very low and its production very efficient. In addition, very high temperatures could be produced. The large availability of cheap energy has allowed the production of materials to increase that are essential in a modern economy, but are extremely energy-intensive in their output.

British production of pig iron rose from less than 30,000 to 2,25 million tons between 1700 and 1850. The output of glass, brick, and steel is similarly increased. Land dependence was

further reduced through introducing new materials such as artificial fertilizers and teeth made of minerals and the use of gas lightning, which was essential for an economy of Malthusian history. In particular, industrialization has transformed the textile industry. In advance, textiles were made primarily at home (thus the term cottage industry) and the tradesmen frequently supplied raw materials and basic equipment and then collected the finished product. before mechanization or factories. This system made it very difficult for workers to regulate and led to numerous inefficiencies. worker schedules themselves. A number of developments in the 1700s led to increasing productivity and less human energy. In the Industrial Revolution, developments in the iron industry played a key role. At the beginning of the 18th century, an Englishman, Abraham Darby (1678-1717), used a cokefuelled furnace to produce cast iron in a cheaper, easier way. The first cheap process for mass-production of steel was established in the 1850s by British engineer Henry Bessemer (1813-1898). The use of both iron and iron as materials, from appliances, instruments and machines Communication with inventions such as the telegraph was made easier during the Industrial Revolution. Two British patented the first commercial electric telegraph in 1837, William Cooke (1806-1879) and Charles Wheatstone (1802-1875). By 1840, railways had been a Cooke-Wheatstone system and in 1866 the Atlantic was passed by a telegraph cable.to ships, constructions and infrastructure, was crucial. The Industrial Revolution also saw the rise of banks and industrial financial institutions, as well as a system that relies on owners and managers. In the 1770s there was the creation of a stock exchange in London, in the beginning of the 1790s the New York Stock Exchange. In 1776 the Scottish social philosopher Adam Smith (1723-1790) was publishing "The Richness of the Nations," considered the founder of modern economy and inspired an economic system based on free entrepreneurship, private holding on production methods, and lack of interference by government.

During the Industrial Revolution, the transport industry was also greatly transformed. Previously, raw materials and finished goods were transported by railcar and by boats along canals and rivers and were distributed through horse drawn cars. In the early 1800s the first commercially successous steamboat was built by America's Robert Fulton (1765-1815) while steam ships transported freight across the Atlantic by the mid-19th century. The steam locomotive was also in use as steam powered ships debuted. In the early 1800s, British engineer Richard Trevithick (1771-1833) constructed the first railway steam locomotive. In 1830, England’s Liverpool and Manchester Railway became the first to offer regular, timetabled passenger services. By 1850, Britain had more than 6,000 miles of railroad track. Additionally, around 1820, Scottish engineer John McAdam (17561836) developed a new process for road construction. His technique, which became known as macadam, resulted in roads that were smoother, more durable and less muddy. To conclude, the UK adopted laws prohibiting the export of its technology and skilled workers, but had little success in this respect. From Great Britain, Industrialization extends to other countries in Europe, including Belgium, France, Germany and the United States. By the middle of the 19th century, the entire western part of Europe and northeastern America had been industrializing well established. The United States became the leading industrial nation in the world by the start of the 20th century.

Conclusions My preparation in Masscom Training before get into the work place are while working or while looking for work there are certain skills sets that are universally important. No matter what job or career path you have chosen these skills make it easier to obtain your goals, whatever they may be. First is, communication. Why this is important for me because, in the workplace they set the tone for how people perceive you. They also improve your chances of building relationships with co-workers. Communication skills boost your performance because they help you to extract clear expectations from your manager so that you can deliver excellent work. Workers are more productive when they know how to communicate with their peers. If you can clearly express the who, what, when, where, why, and how of a project, you’ll be a hot ticket. Other than that, teamwork. A company’s success is rarely dependent on one person doing something all by him/herself. Success is the result of many people working toward a common goal. When employees can synthesize their varied talents, everyone wins. Employers look to team players to help build a friendly office culture, which helps retain employees and, in turn attracts top talent. Furthermore, being able to collaborate well with your co-workers strengthens the quality of your work. Next, problem solving. When something goes wrong, you can either complain or take action. It’s the latter that will get you noticed. Knowing how to think on your feet can make you indispensable to an employer. Companies rely on problem solvers as known as their top performers to navigate unexpected challenges. Besides that, critical observation. Companies need critical thinkers people who bring a fresh perspective and offer intuitive solutions and ideas to help the company get a leg up on the competition or improve internal processes. To be a critical observer, you need to be able to analyze information and put it to use. One tactic is to try to identify patterns of behavior at work. For example, does your boss actually read the weekly sales reports? What was her reaction to bad news in the staff meeting? What’s the best time of day to approach your manager with a question? By observing how people respond to the constant flow of information you can better understand the critical aspects of improving business operations. Last but not least, leadership. having confidence and a clear vision can help influence your co-workers and get them on board with your ideas now and in the future. Displaying such leadership skills helps you gain visibility within an organization, which can lead to more

opportunities for promotions or salary bumps. Bosses and managers are always looking for employees with leadership potential because those workers will one day be taking over the reins and building on the company’s legacy. Being a leader isn’t merely about getting people to do what you want. Leadership means inspiring and helping others reach their full potential. One way to do that is to become the internship supervisor, which gives you the opportunity to manage people, learn how to motivate a team, and take on more responsibility....