Final answer:
Placement of human resources is best seen as a business strategy, focusing on human capital development to increase productivity and efficiency. It involves training, development, and reducing bias in hiring processes.
Step-by-step explanation:
The placement of human resources should primarily be seen as a business strategy. Rather than simply an administrative task or a legal obligation, thoughtful investments in human capital are critical for developing a skilled and knowledgeable workforce. This involves not only the hiring process but also continuous training and development to enhance the value of human capital. Professionalizing human resources functions is one aspect of this strategy, which can help reduce bias in hiring, as evidenced by research showing discrimination against Asian-sounding names in Canada. Larger organizations with more professional human resource strategies are often better equipped to handle diversity and demonstrate less bias.
Engaging in such strategic human resource management can lead to many positive aspects for bureaucracies, including increased productivity and increased efficiency. Additionally, fostering policies to improve health, skills, or knowledge of the workforce, such as through education or apprenticeships, aligns with business strategies aimed at maximizing human capital potential.