Every human being is a veritable storehouse of ideas. Healthy and engaged employees make for a stronger, united team. Competitive business environments have compelled the organizations to think speedily to innovate and excel for their survival. Human Resource department in every organization is considered as a think tank, which forms strategies, evaluates them, and imply as per the given need. The book in its fourth edition continues to educate the students on the HRM concepts-fusing the traditional theories with the modern approach. The new edition has been thoroughly revised and updated keeping in view the advancements made in the field of Human Resource Management. Besides updating the evidence base and providing functional examples in each chapter, several sections/concepts have been added to this edition. These include: • HR's professional competencies• HR transformation: New HR organization • New Gen HR• Talent management• Recent trends in performance management• Additional models of motivation• New models of reward systems• Human resource productivity model• Knowledge management architecture• New models of learning organizations• Impact of strategic HRM on practiceThe book comprehensively deals with all the facets of HR with the help of adequate Indian models, cases and examples based on the theoretical framework of the west, thereby, bringing east and the west on the same platform.This book is recommended in Gauhati University, Assam for B.Com, North Eastern Hill University (NEHU) for BBA, Meghalaya, Ravenshaw Business School, Odisha, Utkal University, Directorate of Distance Education, Bhubaneswar for PG Diploma in HRM. AUDIENCEThe book is intended for the postgraduate students of management. Besides, it is equally useful for the practising managers.