1.UNIT I LIFE IN ORGANIZATIONSPeople have always been central
to organizations, but their strategic importance is growing
intodays knowledge-based organizations. An organizations success
increasingly depends onthe knowledge, skills, and abilities of
employees, particularly as they help establish a set ofcore
competencies that distinguish an organization from its competitors.
When employeestalents are valuable, rare, difficult to imitate and
organized, an organization can achieve asustained competitive
advantage through people. Advanced technology has given rise
toreduced number of jobs that require little skill and has
increased the number of jobs thatrequire considerable skill, thus a
shift is taking place from touch labour to knowledge work.This
displaces some employees and requires tha