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S.D.M.

College of Business management


&
Post Graduate Centre for Management Studies and Research
Mangalore - 575003

INDUSTRIAL RELATIONS

ASSOCHAM
&
Contributions of Sidney & Beatrice Webb

Submitted To
Mrs. Deepa

Submitted By
Muralidhar Baliga Mohd. Mansoor Anup Kanchan

Athreya Rao Rachana Saldhana


ASSOCHAM
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) is the umbrella body
of chambers of commerce in India. Established in 1920, it currently has a membership of over 100,000
companies across the country. The organization represents the interests of trade and commerce in India,
and interacting with the Government of India on policy issues, and liaison with their international
counterparts to promote trade between India and other nations. The current president of ASSOCHAM is
Mrs. Swati Piramal.

The Associated Chambers of Commerce and Industry of India (ASSOCHAM), India's premier apex
chamber covers a membership of over 2 lakh companies and professionals across the country. It was
established in 1920 by promoter chambers, representing all regions of India.

ASSOCHAM: The Knowledge Architect of Corporate India.

Evolution of Value Creator

ASSOCHAM initiated its endeavour of value creation for Indian industry in 1920. Having in its fold more
than 300 Chambers and Trade Associations, and serving more than 2 lakh members from all over India. It
has witnessed upswings as well as upheavals of Indian Economy, and contributed significantly by playing
a catalytic role in shaping up the Trade, Commerce and Industrial environment of the country.

Today, ASSOCHAM has emerged as the fountainhead of Knowledge for Indian industry, which is all set
to redefine the dynamics of growth and development in the technology driven cyber age of 'Knowledge
Based Economy'.

ASSOCHAM derives its strength from its Promoter Chambers and other Industry/Regional
Chambers/Associations spread all over the country.

Vision

Empower Indian enterprise by inculcating knowledge that will be the catalyst of growth in the barrier less
technology driven global market and help them upscale, align and emerge as formidable player in
respective business segments.

Mission

As a representative organ of Corporate India, ASSOCHAM articulates the genuine, legitimate needs and
interests of its members. Its mission is to impact the policy and legislative environment so as to foster
balanced economic, industrial and social development. We believe education, IT, BT, Health, Corporate
Social responsibility and environment to be the critical success factors.
Members – Our Strength

ASSOCHAM represents the interests of more than 3,00,000 direct and indirect members. Through its
heterogeneous membership, ASSOCHAM combines the entrepreneurial spirit and business acumen of
owners with management skills and expertise of professionals to set itself apart as a Chamber with a
difference. Currently, ASSOCHAM has 60 Expert Committees covering the entire gamut of economic
activity in India. It has been especially acknowledged as a significant voice of Indian industry in the field
of Information Technology, Biotechnology, Telecom, Banking & Finance, Company Law, Corporate
Finance, Economic and International Affairs, Tourism, Civil Aviation, Corporate Governance,
Infrastructure, Energy & Power, Education, Legal Reforms, Real Estate & Rural Development etc.

Creating Knowledge for Competitive Advantage

21st century has aligned Indian industry to the global market economy. Business operations in the
international market environment have presented Indian industry with new challenges where safeguarding
knowledge of technology and innovations through patents play a pivotal role. The overall perspective of
corporate management has seen a turnaround of 360 degrees where new variables are emerging at a
turbulent pace. In this new era, ASSOCHAM has emerged as a key differentiator for dissemination of
tactical and strategic business intelligence that drives initiatives for market consolidation and
developmental growth.

ASSOCHAM is all geared up to leverage its strength of its exhaustive understanding of various global
markets and provides strategies and opportunities to its members for overall development and optimized
usage of 'Knowledge Based Resources'.

Providing Road Map for Pragmatic Growth

Pursuant to alignment with Global Economy, various spheres of Indian economy have attained a visible
growth, consistency and have catapulted it to the position of fastest growing economy in the world. A
number of geo-political factors are responsible for this growth, but the most influential one is the
enormous HR capital base of highly skilled managerial and technical manpower. ASSOCHAM is
committed to help accomplish the targeted economic growth.

Generating Consensus on Core Issues

ASSOCHAM has always laid impetus on building a "broad consensus on fiscal discipline & prudence"
leading to an acceptance that trade in the global matrix is beneficial for the economy's growth. Various
committees of ASSOCHAM have organized dedicated sessions on emerging areas of contemporary
importance viz. Wealth Maximization, Mergers and Acquisitions, Nanotechnology and Biotechnology,
BPO & KPO, VAT, Corporate Governance, Renewable Energy, Public Private Partnership etc.
Specialized Services - Nurturing Ideas to Catalyze Growth

ASSOCHAM is always a front runner and has been very actively involved in bringing out studies,
surveys and research papers on current topical issues. ASSOCHAM is authorized by the Government of
India to issue Certificates of Origin, Certify commercial invoices and recommend business visas.

Insight into 'New Business Models'

ASSOCHAM has been a significant contributory factor in the emergence of new-age Indian Corporates,
characterized by a new mindset and global ambition for dominating the international business. The
Chamber has addressed itself to the key areas like India as Investment Destination, Achieving
International Competitiveness, Promoting International Trade, Corporate Strategies for Enhancing
Shareholders & Stakeholders Value, Government Policies in sustaining India's Development,
Infrastructure Development for enhancing India's Competitiveness, Building Indian MNCs, Role of
Financial Sector the Catalyst for India's Transformation.

Looking Ahead

Over the years, ASSOCHAM has transformed itself from a reactive, representation-forwarding
organisation to a forceful, proactive, forward-looking institution equipping itself to meet the aspirations of
corporate India in the new world of business. Today, there is need for greater involvement of business and
industry with the Government in international forum on issues such as intellectual property rights,
environmental safeguards, anti-dumping and quality standards etc. The concept of industry-government
partnership has therefore assumed vital importance and has to be carefully fostered to speed up the
economic and industrial development of the nation. ASSOCHAM is working towards creating a very
conducive environment for Indian business to compete globally. The Chamber is being re-engineered to
shoulder the responsibility of serving its constituents even more effectively and its expertise of
professional to set itself apart as a Chamber with a difference.

It has especially focused on Afro-Arab region to assist Indian SME's to expand share of their global
market. Successful Indian Trade Fairs in Sudan, Sharjah and Yemen received wide appreciation, more are
being planned. Huge trade delegations to Brazil, US, UK, West Africa, China, Pakistan, opening overseas
offices in Sharjah, Moscow, China, MOU partnership with business Chambers in more than 45 countries,
bringing out Economic and Trade bulletins on Africa and Arab region are only a few of the constantly
expanding areas of ASSOCHAM
ASSOCHAM International

The Associated Chambers of Commerce and Industry of India (ASSOCHAM), India's premier apex
chamber covers a membership of over 2 lakh companies and professionals across the country. It was
established in 1920 by promoter chambers, representing all regions of India.

Promoter Chambers

As an apex industry body, ASSOCHAM represents the interests of industry and trade, interfaces with
Government on policy issues and interacts with counterpart international organizations to promote
bilateral economic issues. ASSOCHAM is represented on all national and local bodies and is, thus, able
to pro-actively convey industry viewpoints, as also communicate and debate issues relating to public-
private partnerships for economic development.

ASSOCHAM members represent the following sectors:

• Trade (National and International)


• Industry (Domestic and International)
• Professionals (e.g. CAs, lawyers, consultants)
• Trade and Industry Associations and other Chambers of Commerce
Contributions of Sidney & Beatrice Webb

Sidney and Beatrice Webb are English Socialist economists , early members of the Fabian Society, and
co-founders of the London School of Economics and Political Science. Sidney Webb also helped
reorganize the University of London into a federation of teaching institutions and served in the
government as a Labour Party member. Pioneers in social and economic reforms as well as distinguished
historians, the Webbs deeply affected social thought and institutions in England.

Early life of Beatrice Potter Webb


Beatrice Potter was born in Gloucester, into a class which, to use her own words, “habitually gave
orders.” She was the eighth daughter of Richard Potter, a businessman, and Laurencina Heyworth. She
grew up a rather lonely and sickly girl, educating herself by extensive reading and discussions with her
father’s visitors, of whom the philosopher Herbert Spencer exerted the greatest intellectual influence on
her. While staying with distant relatives in a small Lancashire town, she became acquainted with the
world of the members of the working class cooperative movement.She took up social work in London but
soon became critical of the failure of the inadequate measures of charitable organizations to attack the
root problems of poverty. She learned more of the realities of lower class life while helping her
cousin Charles Booth, the ship-owner and social reformer, to research his monumental study of The Life
and Labour of the People in London. She published The Co-operative Movement in Great Britain, a small
book based on her experiences, which later became a classic. It was not long before she realized that in
order to find any solution to the problem of poverty she would have to learn more about the organizations
that the working class had created for itself; i.e., the labour unions.

Early life of Sidney Webb


Sidney James Webb was born in London into a lower middle-class family; his father was a free-lance
accountant and his mother was a shopkeeper. He left school before he was 16, but after attending evening
classes he secured admission to the civil service and also passed his bar examinations. For some time he
had been the close friend of the young journalist Bernard Shaw, who in 1885 induced him to join a very
small, newly founded Socialist body called the Fabian Society. Shaw believed that Webb’s extensive
factual knowledge was exactly what the society needed as a foundation for its theoretical advocacy
of Socialism. In 1887 Webb justified Shaw’s choice by writing for the society the first edition of the
Fabian Tract Facts for Socialists. The tract was the first concise expression of the Fabian conviction that
public knowledge of the facts of industrial society was the essential first step toward the reform of that
society. The following year he met Beatrice Potter, who was making her own way to a belief in Socialism
and had been greatly impressed by Webb’s contribution to Fabian Essays. Webb at once fell in love with
the handsome, intellectual young woman. She took longer to adjust her sights to the scruffy, rather ugly
little man in the shiny suits, though he had already made a name for himself as a lecturer and writer on
economics.
Works of Sidney and Beatrice Webb after Marriage
Sidney left the civil service, and they decided to live on Beatrice’s inheritance and what they could make
from books and journalism in order to devote more time to social research and political work. The first
fruits, and the first success, of their collaborative effort were the great twin volumes The History of Trade
Unionism and Industrial Democracy . In these books the Webbs, in effect, introduced the economists and
social historians of Britain to a part of British social life of which they had hitherto been unaware. The
work that followed extended into areas of historical and social research, educational and political reform,
and journalism.

Among their writings was the prodigious enterprise—which again broke new ground—of the history of
English local government from the 17th to the 20th century. This work, published over a period of 25
years, firmly established the Webbs as historical researchers. Their literary output, however, important as
it was, takes second place to their work in creating and developing institutions.

Sidney served on the London County Council; he is best remembered for his creation of the system of
secondary state schools and the scholarship system for elementary school pupils. He was also
instrumental in the establishment of technical and other post school education in London. Concurrently,
he and Beatrice founded the London School of Economics. Sidney reorganized the University of London
into a federation of teaching institutions; and with the educator Robert Morant he provided the blueprint
for the Education Acts of 1902 and 1903, which set the pattern of English public education for
generations to come. In this last effort, Sidney and Beatrice employed the tactic that became known as
“permeation,” that is, attempting to push through Fabian policies or parts of policies by converting
persons of power and influence irrespective of their political affiliations. Beatrice, as a member from
1905 to 1909 of the Royal Commission on the Poor Laws, had produced her remarkable Minority
Report, which 35 years before the “Beveridge Report” advocating universal social insurance, clearly
spelled out the outlines of the welfare state.

Association with the Labour Party


When the Webbs, in late 1914, became members of the Labour Party, they rapidly raised high in its
counsels. Through friendship with Arthur Henderson, Sidney became a member of the executive
committee and drafted the party’s first and, for a long time, its most important policy statement, Labour
and the New Social Order (1918). Their last big book, Soviet Communism: “A New Civilization?” in
which they seemed to abandon their belief in gradual social and political evolution. In 1928 they had
already retired to their Hampshire home where they both died, Beatrice in 1943 and Sidney in 1947.

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