Final answer:
Human resources practices that support strategy include performance management, rewards practices, staffing practices, and policies and procedures. Investing in human capital and professionalizing HR functions are essential for aligning HR practices with business strategy.
Step-by-step explanation:
Human resources practices that support strategy include performance management, rewards practices, staffing practices, and policies and procedures. Performance management is a crucial aspect of human resources that involves regularly assessing and reviewing employee performance to align with organizational goals. Rewards practices incentivize desired behaviors and outcomes, while staffing practices are critical for bringing in the right talent that can execute the company's strategy. Developing robust HR policies and procedures ensures that the organization's management is consistent with its strategic objectives, supporting overall business effectiveness. Production scheduling, however, is not typically seen as a direct function of human resources but rather falls within operations management.
Investing in human capital through education and skill-building is essential for improving the workforce's effectiveness to the organization's productivity. Human capital improvements can manifest in various ways, such as targeted training programs, professional development opportunities, and encouraging practices like apprenticeships that enhance job-relevant skills.
Furthermore, professionalizing human resources functions can help mitigate biases in the hiring process, creating a more inclusive and diverse workforce. This signifies the importance of human resources in both recruiting and maintaining a diverse talent pool that supports business strategies.