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Today's global environment requires organizations to greatly emphasize and focus upon the management of human resource effectively to survive competitive in the market. Moreover, human resource management assists organizations to become capable of meeting new market trends and technologies by adopting the most effective human resource practices (Yehuda, 1996).All organizations aim to develop and strengthen their HR capabilities in order to understand the complexities involve in human resource management and how to tackle them effectively in today's changing environment (Ball, McCulloch, Frantz & Minor, 2006).

To understand the value of human resource management, firstly it has definition should be clearly understood which defines Human resource management as the set of systems and processes that assist an organization in achieving its business strategy through people. The major focus of human resource management is to manage people effectively and efficiently within the employer and employee relationship. Most notably, HRM aims to use people productively in the organization in order to attain organizational strategic objectives and at the same time as also give priority to employee's satisfaction.

Conventional organizations face critical challenges in today's market environment because they are unable to cope up with new trends and demands where innovation, speed, and technology has changed the whole business world. Therefore, for traditional organizations, it is highly important to consider its human resources as the real assets of an organization rather than liability. Moreover, the effect of globalization has resulted in altering the nature of work and hence raising the value for human resource in organizations (Hall &Jones, 2000).

Moreover, it is generally accepted that human resource management where effective HRM policies and practices have resulted in a positive relationship with organizational performance. Organizational performance can only be achieved if organizations focus upon individual employee's performance and boost his morale in such a way that he contributes more efficiently towards the achievement of organizational core objectives.

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