If you expect your company to compete and succeed in this new world order, you need to take a close look at the advantages and disadvantages of diversity in the workplace. Better Financial Results Numerous studies have found that companies with diverse teams are more profitable than homogenous businesses. A McKinsey report on public companies noted that those with the most ethnic and racial diversity in their management were 35 percent more likely to be financially successful. Global-Level Competition Millions of Americans are employed by foreign-owned companies.
Clark 2 Introduction The world's increasing globalization requires more interaction among people from diverse backgrounds. People no longer live and work in an insular environment; they are now part of a worldwide economy competing within a global framework.
For this reason, profit and non-profit organizations need to become more diversified to remain competitive. Maximizing and capitalizing on workplace diversity is an important issue for management. Supervisors and managers need to recognize the ways in which the workplace is changing and evolving.
Managing diversity is a significant organizational challenge, so managerial skills must adapt to accommodate a multicultural work environment.
This document is designed to help managers effectively manage diverse workforces. It provides a general definition for workplace diversity, discusses the benefits and challenges of managing diverse workplaces, and presents effective strategies for managing diverse workforces.
Companies need to embrace diversity and look for ways to become inclusive organizations because diversity has the potential to yield greater work productivity and competitive advantages SHRM Stephen Butler, co-chair of the Business-Higher Education Forum, believes diversity is an invaluable competitive asset Robinson Managing diversity is a key component of effective people management in the workplace Black Enterprise Demographic changes women in the workplace, organizational restructuring, and equal opportunity legislation will require organizations to review their management practices and develop new and creative approaches to managing people.
Positive changes will increase work performance and customer service. The number of dual-income families and single working mothers has changed the dynamics of the workplace. Changes in the family structure means that there are fewer traditional family roles Zweigenhaft and Domhoff Significant changes in the workplace have occurred due to downsizing and outsourcing, which has greatly affected human resource management.
Globalization and new technologies have changed workplace practices, and there has been a trend toward longer working hours Losyk Generally speaking, organizational restructuring usually results in fewer people doing more work. Changes in federal and state equal opportunity legislations have made discrimination in the workplace illegal.
These laws specify the rights and responsibilities of both associates employees and employers in the workplace and hold both groups accountable. Benefits of Diversity in the Workplace Diversity is beneficial to both associates and employers. Although associates are interdependent in the workplace, respecting individual differences can increase productivity.
Diversity in the workplace can reduce lawsuits and increase marketing opportunities, recruitment, creativity, and business image Esty et al. Also, the consequences loss of time and money should not be overlooked.
Challenges of Diversity in the Workplace There are challenges to managing a diverse work population. Managing diversity is more than simply acknowledging differences in people.
It involves recognizing the value of differences, combating discrimination, and promoting inclusiveness. Managers may also be challenged with losses in personnel and work productivity due to prejudice and discrimination, as well as complaints and legal actions against the organization Devoe Negative attitudes and behaviors can be barriers to organizational diversity because they can harm working relationships and damage morale and work productivity Esty et al.
Negative attitudes and behaviors in the workplace include prejudice, stereotyping, and discrimination, which should never be used by management for hiring, retention, and termination practices could lead to costly litigation.
Required Tools for Managing Diversity Effective managers are aware that certain skills are necessary for creating a successful, diverse workforce. First, managers must understand discrimination and its consequences. Second, managers must recognize their own cultural biases and prejudices Koonce Diversity is not about differences among groups, but rather about differences among individuals.
Each individual is unique and does not represent or speak for a particular group.
Finally, managers must be willing to change the organization if necessary Koonce Organizations need to learn how to manage diversity in the workplace to be successful in the future Flagg Unfortunately, there is no single recipe for success.
According to Rooseveltmanaging diversity is a comprehensive process for creating a work environment that includes everyone. When creating a successful diverse workforce, an effective manager should focus on personal awareness.
Both managers and associates need to be aware of their personal biases. Managers must also understand that fairness is not necessarily equality.
There are always exceptions to the rule.Essay Diversity in Workplaces Final. Fuentes ENC Hornburg, Jeffrey 04/23/ Impacts of culture diversity on multinational companies Cultural diversity is a major factor influencing the way a multinational organization functions and also attributes to the way such organizations success is felt.
In this diversity in the workplace paper we will focus on discrimination in the workplace, federal and state legislations regarding workplace discriminations, the responsibilities of human service manager to handle the issues, and the effects of such discrimination on development and management of human resources.
Sexual Harassment and Diversity in the Workplace - Introduction Workforce diversity is a new term in business and industry.
It is a term that .
Diversity in the Workplace Essay examples. SURFACE LEVEL DIVERSITY, DEEP LEVEL DIVERSITY, AND ORGANIZATIONAL COMPETITIVENESS ABSTRACT Surface level diversity is the mixture of people who differentiate by sex, race or ethnicity, and the observably physically disabled.
Diversity can be defined as people coming together from different races, nationalities, religions and sexes to form a group, organization or community. Diversity in the Workplace: Implication for Human Resource Development – Paper Week 3 A brief description of the event and the work environment the discrimination occurred (Omit identifying demographic information and use fictitious names as needed).