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Abstract
Human Resource Management plays an important role in Industries. It plays a crucial role in process of converting inputs into outputs, product design, quality maintenance, rendering services and many other functions depend on the Human efficiency. Human resources managers oversee the most important component of a successful business – a productive, thriving workforce. This requires viewing people as human assets, not costs to the organization. As with any other asset, a talented workforce can be used strategically to add value to an organization. HR’s role continues to be critical in the technology industry, especially in the R&D environment where the success or lack of success is directly attributed to talent. Product development and the innovation associated with finding out new solutions for existing and future markets happen only when talent is stable and engaged.