Aruna Amarasinghe

21 st October 2018 Introduction to Human  Resource  Management The success of any organization is largely depending upon the people who are working for the organization.     Hence, people or the “Human” factor of the organization is the most important element or a “Resource” in achieving any organizational objective. Having a talented, skilled, motivated, efficient, dynamic & knowledgeable workforce with right attitude is a dream of any organization as it will lead to maximize the performance and help reach to the targets or objectives easily. Human Factor: A Change From  Variable Cost .......to An Asset!!! With the industrial revolution (1760-1820) the concept of managing people has been changed as organizations have identified the importance of their work force and start treated them as an “Asset” and not like a “Cost” as they used to treat them early. With this revolutionary conceptual change a new concept of “Human Resource Management” emerged. What is