In our many years of teaching graduate, post-graduate and executive programs and courses related to Human Resource Management issues, we have felt the need to emphasize the critical role of human resource function in achieving organizational objectives. In addition, we also have recognized that managers and corporate leaders have a critically important responsibility in supporting and executing this human resource function with the professional assistance of human resource specialists. In this context, we have made an earnest attempt to provide a more complete and comprehensive picture of the issues, challenges, and opportunities in managing an organization's Human Capital.We have to thank many people who have contributed much to the development of this text, including our past students with whom we have shared in gaining new insights related to the continually evolving and expanding arena of Human Resource Management.A very useful feature of the book is the inclusion of relevant websites so that our student community can access the latest information on issues that have a bearing on Human Resource Management.