In the modern business context, it is widely considered that the existence of diversity at the workforce and the effective management of such help in augmenting the profit position of the companies. It is seen that the diversified workforce helps in formulating strategies for marketing activities. Moreover, the diversified workforce also helps in citing effective problem-solving techniques. The diversified workforce group also enables the organization to innovate newer products and processes. The above facts are dealt with in an elaborative manner. (Hubbard)
The modern practice of trade and commercial activities reflect the effect of globalization in them. It is because due to the restructuring of the communication industry the world has been reduced to a global village. Moreover, the opening up of the markets has led to the business organizations to cater to a large number of customers spread throughout the world. The global image brought about in the firms has greatly helped in increasing of sales and revenue due to widespread business expansion. The Japanese Car Manufacturing companies are becoming conscious of the fact that in United States the women consumers in the automobile segment are fast increasing. Again, the industrial sector focusing on the consumer goods segment is also widely conscious that American population is gradually being filled up with immigrants from several Asian and Latin American nations. Thus, a general advertisement or marketing strategy made for a product or service in America lapses in drawing proper attention from the diversified American population. (Hubbard)
The enhancement of the performance parameters of the firm based on revenue generation and profitability is increasingly related to the increased participation of the diversified workforce in problem-solving exercises. It is found that the workforce consisting of people coming
These large amounts of diversified working groups need to be rightly managed to promote organizational efficiency. However, in the previous days the…
According to the paper lack of appropriate diversity management can not only lead to discrimination, but it can also result in conflicts, attrition, legal action as well as lack of efficiency. Over the past couple of decades, the United Nations and countries across the world have stressed on the importance of equality and overcoming discrimination.
The work was basically done in the form of small groups with the exception of Churches and Government functions. The work was mostly related to small family based set ups in farms, homes, or small shops. Hence no formal HR management role could be found in those days.
Some believe that diversity is about quotas, and affirmative action. Some experts who study diversity, however, believe that diversity is not something that should be left up to chance. It is important, therefore, for organisations to take action to encourage and foster diversity in the workplace (Clarke, 2001, p.
From this research "Diversity in The Office", it is clear how does the cost-saving plan affect the organization. HR subordinate: Cutting budget on PF and other such amenities certainly bring down the basic moral to a certain extent but one must understand the need of the organization first.
On the other hand, societal diversity leaves them no choice but to hire a diverse workforce should the criteria for employment remain merit and qualifications (Dreachslin, 2007). The implication here is, and as emphasised by several management scholars, that as customers become more diverse and a the market becomes increasingly heterogeneous and global, rather than homogeneous and national, the workforce must change.
In the Private Sector effective Diversity Management translates tangibly into enhanced profits. However, the challenges of Diversity Management "are compounded in the public sector by pressures creating additional dilemmas for the civil service system. Public sector organizations in most countries, rich and poor, experience an environment characterized by greater scarcity of resources.
The author states that while diversity has been an important need for business as well as a legal requirement, the cultural perspectives on diversity and equality still remain to be fully understood. Companies in the UK may have HR managers that seek to develop both diversity and equality to gain competitive advantages for the organisation.
This necessitates a proportionate shift in the capability and skills of BT staff because the company is transforming from the network and telephone services to delivering software services (Investors in
In 1972 BEA and BOAC came together under the British Airways Board (British airways Plc.). The company’s mission statement is to provide the full service experience on the ground and in flight (British airways Plc.). The mission statement is to be “The
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