Human resources play a vital role in economic development of any nation as input is converted into output by human resources. Human resources are treated as human capital when they possess skills and knowledge required by business and industry. Human capital adds value to the economic resources at each and every stage. As such countries that are endowed with natural resources, but poor in human resources like african countries cant make much headway economically. In contrast, countries that are rich in human resources, but relatively poor in natural resources like Japan and Singapore make much headway in nations economic development.
Recognizing the importance of human resources, most of the Universities introduced Human Resources Management subject even at undergraduate level. In the line with the trends in curriculum across the country, universities in Telangana State also introduced Human Resource Management subject at undergraduate level.
An attempt is made to write a book on “Human Resource Management” based on the syllabus of universities in Telangana. Most of the material for this book has been drawn from my book on personnel and Human Resources Management, Himalaya Publication House.
Contents –
1. Introduction to Human Resource Management and Environment
2. Acquiring Human Resources
3. Developing Human Resources
4. Labour Management
5. Rewarding Human Resources
