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The New Zealand Railways Magazine, Volume 1, Issue 2 (June, 1926)

Co-Workers In Industry

Co-Workers In Industry.

Addressing the Members of the Society of British Gas Industries, Sir Alfred Mond, the President, said that those who were engaged in industry would have to carry into practice the general principles of a new psychology in regard to industrial affairs.

This new psychology would follow from a realisation of the change which was bound to come in the relationship of those engaged in industry in every capacity. Sir Alfred declared that they were still burdened with the phraseology of a definite epoch. They still read about “masters and men” and about employers and employed, whereas they all knew that they were all “employed.”

Practically all industrial concerns to-day were run by Boards of Directors who were just as much employed as the men who were shovelling coal.

The old phraseology must go—it had no longer any meaning; the true phrase to-day was “co-workers in industry.” They were co-workers in different capacities, but all dependent for their remuneration or reward upon the prosperity of the industry. They must have a new psychology and a new phraseology, Sir Alfred insisted, and then they could look forward to an era of moral and economic success in industry far greater than they had yet experienced.