Final answer:
Investing in consistent human resource practices, including professional development, diversity, and effective recruitment strategies, has been shown to increase organizational effectiveness and productivity.
Step-by-step explanation:
Organizations that maintain consistent human resource practices and invest in their employees often achieve greater effectiveness and productivity. Thoughtful investments in human capital, including strategies such as professionalizing human resources functions, fostering workplace diversity, improving employee training, and developing retention strategies, contribute significantly to a company's success.
Large bureaucracies benefit from reducing biases in recruitment, which can involve institutional changes to help ensure fair treatment of all candidates. A commitment to nurturing talent post-hiring through continuous training and development programs can ensure that employees are well-equipped to perform their roles, which in turn enhances organizational productivity. Moreover, diverse teams tend to foster innovation and business growth, highlighting the critical nature of inclusive hiring practices.
By advancing employees' skills and education through various channels such as formal education and apprenticeships, organizations improve their workforce's human capital. This investment not only boosts organizational productivity but also pays off economically for the individual employees.
Furthermore, research like the 2003 study by Arthur, Bennett, Edens, and Bell demonstrates the effectiveness of organizational training based on various metrics, underlining the importance of evaluating and enhancing job performance. Lastly, the Hawthorne effect suggests that employee performance can be influenced positively by observation and interaction, further emphasizing the need for active engagement in workforce management.