Final answer:
Talent management, industrial and labor relations, and diversity and inclusion are part of the strategic initiatives in Human Resources (HR), aligning with long-term organizational goals. These areas are crucial for fostering a healthy workplace, innovation, and competitive advantage. Option (d) is the correct answer, situating these functions within the strategic domain of HR planning. (option d)
Step-by-step explanation:
Talent management, industrial and labor relations, and diversity and inclusion are integral aspects covered under the strategic initiatives in Human Resources (HR). Which makes (d) the correct option. These areas are vital for aligning human resource practices with the long-term goals and objectives of an organization. Operational plans in HR are typically more concerned with the day-to-day functions, whereas strategic initiatives involve a broader and more future-oriented focus.
Implementing strong labor relations involves creating policies and frameworks that promote a healthy balance between employer and employee needs, ensuring a productive and compliant workforce. Talent management involves strategically attracting, developing, retaining, and utilizing employees with the required skills and aptitude to meet current and future organizational needs. Finally, diversity and inclusion initiatives aim to create a workforce that values and incorporates different backgrounds, perspectives, and capabilities, which is essential for driving innovation and understanding diverse customer bases.
Professionalizing HR functions, as illustrated by the research involving Canadian employers, often leads to more systematic and less biased hiring processes and promotes diversity within organizations. Organizations that emphasize diverse teams often find that these teams work together effectively, leading to more innovative solutions to business problems. Strategic initiatives in HR build an organizational culture that encapsulates these values and visions, affecting how the organization runs and makes decisions.
Hence, the answer is option d