Outline the major contextual changes that have impacted upon the management of people in the last 30 years?

1612 WordsOct 28, 20137 Pages
Outline the major contextual changes that have impacted upon the management of people in the last 30 years? What are the implications of these changes on a) employees and b) the management of employees? There are lots of changes that have occurred in the management of people in the last 30 years in United Kingdom. Many companies find themselves operating in very different market conditions from those prevailing two decades ago as a result of far reaching political and economic changes. There are extreme levels of competition in the private sector that have also been mirrored by greater financial stringency in the public services sector, as the state has sought to commercialise, and in many cases privatise, public sector organisations.…show more content…
He notified us that in January 1982, the UK government reported that about 3.07 million Britons were out of work. Consider that in 1972 (only a decade before), the jobless total topped out at about one million.Pettinger (2011) added his opinion on how unemployment never really recovered from 1981 recession. Secondly, Margaret Thatcher had a mixed fortune on economy with two recessions and boom during her tenure. Grove (2010) said ‘In 1980, the year after becoming Britain’s first female Prime Minister, Margaret Thatcher embarked on a controversial programme to revive the moribund economy through deep public spending cuts and strict control of the money supply, intended to stamp out inflation’. Also , Rogers (2012) added that Britain got hit by two major recessions under Thatcher, which sandwiched the boom of the 1980s but even that boom never saw GDP grow by more than a couple of percent. Lastly, Margaret Thatcher was well
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