Importance of industrial psychology in the field of business management
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Some of the importance of studying industrial psychology are as follows: 1. Understanding Human Relations 2. Human Engineering 3. Recruitment, Selection and Placement 4. Development and Training of Personnel 5. Accident Prevention 6. Promotional Schemes and Wage and Salary Administration 7. Motivation, Attitude and Morale.
As Industrial Psychology is mainly concerned with studying different aspects of human behavior in the work environment, it has tremendous scope. The entire process of industrial management, dealing with people at work, the problems linked with industry and personnel management are all included in Industrial Psychology.
Hence, there is no aspect of Industrial management where industrial psychology is not put to use. Application of the techniques and principles of industrial psychology to different aspects of industrial management results in the efficient management of people at work.
As Industrial Psychology is mainly concerned with studying different aspects of human behavior in the work environment, it has tremendous scope. The entire process of industrial management, dealing with people at work, the problems linked with industry and personnel management are all included in Industrial Psychology.
Hence, there is no aspect of Industrial management where industrial psychology is not put to use. Application of the techniques and principles of industrial psychology to different aspects of industrial management results in the efficient management of people at work.
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