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Managing Human Resources (HRM) - Essay Example
1. For a growing company like National Lewis and Clark Corporation (NL&C) whose workforce is expected grow increasingly diverse, incorporating diversity is essential in improving a company's overall bottom-line (Velasquez, 2004a). One company that succeeded in this regard is Nestl…
In this respect, diversity within Nestl is viewed as an opportunity, which enables the company's managers to fully adapt to its 86 foreign markets by integrating a diverse set of cultures, allowing them to become more responsive to its customers' needs. Thus, Nestl's philosophy focuses on developing a diverse workforce, which mirrors the needs of its equally diverse consumer. Furthermore, Nestl, together with other European companies, views diversity as "inseparably intertwined" with leadership development (Reichlin, 2004). Hence to effectively incorporate diversity, Nestl focuses on more than just developing a diverse workforce, but on integrating diversity with leadership training and advancement and workforce retention and recruitment.
2. Two notable diversity initiatives implemented in Nestl lies in its value-added leadership approach and emphasis on the company's leadership training program focused on honing its internal workforce for top management positions (Reichlin, 2004). First, through its value-added leadership, Nestl successfully develops a highly-motivated workforce, where minor employees are given the chance to excel and play larger roles within the organization. ...