Recently new trends have taken place in the field of Human resource management.
These trends are changing the outlook and approaches towards management of human
resources. It has been changed from labour relation to personnel management and was
recently to strategic human resource management and human resource development. Further
changes are taking place and in future new challenges will arise before human resource
management. At the level of the organization success of the organization is increasingly
depend on innovative human resource practices which leads to economic growth and
development in developing country like India.