3 Review(s)

Globalisation of business has amplified the intensity of business competitiveness to an all time high. The new economy characterized by the predominance of service firms, Internet revolution, global competition, etc., has placed greater reliance on intangible assets for success. In this context, human capital has become the key component for survival and success. Unleashing people power in an organisation thus becomes imperative to achieve business success in the present business environment. As a result, people management has assumed a new dimension bringing the function to the fore.