The purpose of this report is to analyse and identify the main features of the human resource strategy. It analyses and critically evaluates a range of theories and concepts, which are related to the human resource, and the link of the theories and concepts to the organization performance. It provides an assessment of the role of human resource in strategic thinking, direction setting, planning and operations of the business organization. Further, it provides a critical review of the contemporary changes in the trend of human resource industry. The report identifies the changes in the current trends and practises of human resource in large business organizations. It includes the legal, ethical, economic, social and technological change issues faced by the organization along with the international development and the key trends in the current human resource industry. Lastly, it provides a summary of the report and the conclusions.