industrial action

(noun)

In a workplace, a strike or other protest by workers.

Related Terms

Examples of industrial action in the following topics:

  • Boycotts

    • Union boycotts are a form of industrial action by a trade union in support of a strike initiated by workers in another, separate enterprise.
    • Union boycotts, or secondary action, is industrial action by a trade union in support of a strike initiated by workers in another, separate enterprise .
    • The term "secondary action" is intended to be distinct from a trade dispute with a worker's direct employer, and so may be used to refer to a dispute with the employer's parent company, its suppliers, financiers, contracting parties, or any other employer in another industry.
    • Secondary action is illegal in the United States.
    • Also known as secondary action, is industrial action by a trade union in support of a strike initiated by workers in another, separate enterprise.

  • Trade Associations

    • A trade association is an organization founded and funded by businesses that operate in a specific industry.
    • The American Medical Association sets rules in the medical industry regarding ethics, disciplinary action, and accreditation.
    • A trade association, also known as an industry trade group, business association, or sector association, is an organization founded and funded by businesses that operate in a specific industry .
    • Industry trade groups sometimes produce advertisements, just as normal corporations do.
    • However, whereas typical advertisements are for a specific product, industry trade groups advertisements generally are targeted to promote the views of an entire industry.

  • Porter’s 5 forces and the analysis of competitors

    • Retaliation may take many forms from political actions designed to delay or prevent the new business from opening to deep price cuts intended to force the new business out of the market.
    • The intensity of the rivalry amongst the firms in a given industry will have an effect on the profits of all firms within that industry.
    • These competitive actions can drive all profits out of the industry.
    • When industry growth slows, competition typically heats up.
    • Again, the competitive actions taken by firms to attract this pool of buyers will drive profits out of the industry.

  • Summary and references

    • Competitive intelligence is the systematic collection and analysis of publicly available information about an industry and its competitors.
    • Competitive intelligence permits the firm to: (1) understand the industry's structure and its potential impact on the firm's performance, and (2) industry competitors' relative position in the marketplace.
    • The judicious use of competitive intelligence allows the firm to anticipate competitors' actions and act to minimize the impact of those actions.
    • "Measuring competitive intelligence effectiveness: Insights from the advertising industry".

  • Behavior Modification

    • Modifying behavior through reinforcement and environmental stimuli can increase positive actions and decrease negative actions in the workplace.
    • Concepts like this tend to look much simpler in action than in theory.
    • A simple example can be seen in the restaurant industry.

  • Banking Crises and Centralized Reserve Enforcements

    • Generally, the Federal Reserve takes formal enforcement actions against the above entities for violations of laws, rules, or regulations, unsafe or unsound practices, breaches of fiduciary duty, and violations of final orders.
    • Formal enforcement actions include cease and desist orders, written agreements, removal and prohibition orders, and orders assessing civil money penalties.
    • If necessary, the Federal Reserve may take formal enforcement actions to compel the management and directors of a troubled banking organization, or persons associated with it, to address the organization's problems.
    • The Federal Reserve may also assess a fine, remove an officer or director from office and permanently bar him or her from the banking industry, or both.
    • Discuss the Federal Reserve's powers for enforcing actions due to violations

  • Quality Inspections and Standards

    • In 2005 the International Organization for Standardization released a standard, ISO 22000, meant for the food industry.
    • It gives one single integrated standard for the food industry and is expected to become more popular in the coming years in the industry.
    • ISO has also released standards for other industries.
    • Quality audits are typically performed at predefined time intervals and ensure that the institution has clearly defined internal system monitoring procedures linked to effective action.
    • For the benefit of the organisation, quality auditing should not only report non-conformance and corrective actions, but also highlight areas of good practice.

  • The State of Competition

    • The industry's competitive dynamics are composed of the ongoing series of competitive actions and competitive responses that take place as Coke and Pepsi compete for customers.
    • Since the actions taken by one competitor to attract buyers are likely to affect the performance of other competitors, competing firms are said to be interdependent.
    • Public sector industries, or industries which are by their nature providing a public service, are involved in competition in many ways similar to private companies.
    • Many industries, such as railways, electricity, gas, water, and media have their own independent competitive concerns and sector regulators.
    • The further effects on competition when such properties are accepted into industry standards.

  • Legislative involvement

    • Historically, businesses have always fought against most forms of legislation, but the costs associated with climate change are causing many CEOs to think twice about how laws that promote higher taxes and carbon caps can be used to help industry.
    • Climate Action Partnership (USCAP), consisted of chief executives from Alcoa, BP America, Caterpillar, Duke Energy, DuPont, the FPL Group, General Electric, Lehman Brothers, PG&E and PNM Resources – along with four leading non-governmental organizations including Environmental Defense, the Natural Resources Defense Council, the Pew Center on Climate Change and the World Resources Institute.
    • (‘Big Business Pushes Bush on Carbon Caps, Top US CEO's Tell President Action on Climateis Necessary', CBS news/AP)

  • Success factors

    • The indicators will show warning signs in order to take corrective action.
    • Have corrective actions or model adjustments.
    • Management failures are frequently associated with the inability to anticipate rapid changes in the markets, respond to new and proliferating competition, or re-orient technologies and the strategic direction of their business toward changing customer needs and new industry standards.