Latest News on Industrial relations management (IRM). Find Latest Stories, Special Reports, News & Pictures on Industrial relations management (IRM) at ADRDAILY.com. Industrial Relations Management has become one of the most delicate and complex problems of modern society. According to Dale Yoder “industrial relations is the process of management dealing with one or more unions intending to negotiate and subsequently administer collective bargaining agreement or labour contract”. However, industrial progress is impossible without Labour Management Cooperation. It is therefore in the interest of both Labour (unions) and management to create and maintain good relations by learning the basic principles and continuously following on modern developing trends and information available on adrdaily.com for an enhanced industrial relations management.