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Importance of people (employees) in any organisation for its proper development and growth is undisputed. Many business leaders, executives, human resource experts have highlighted it in different ways. Lawrence Bossidy, author and businessmen, who retired as Chairman of Honeywell Corp. aptly underlined the importance of human resources in an organisation when he said he was convinced that nothing they do was more important than hiring and developing people. “At the end of the day, you bet on people, not on strategies,” he concluded.

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