For so long, organizations operating within multiple facets of the global economy, deemed race as the only factor encompassing the definition of diversity. However, diversity is defined as the state of being diverse; variety; a range of different things. Organizations have evolved and so has the meaning of diversity in the workplace. Diverse individuals obtain a variety of characteristics encompassing ethnic backgrounds, languages, religion, sexual orientation, gender and so much more. The meaning of diversity is not limited to, but stereotyped as an individual’s appearance, dialect, or spiritual beliefs. Diversity, not only helps define who a person is, but also people obtain the certain skills; traits, abilities, and ideas or opinions that sets an individual apart from the rest. In short, diversity has a major impact on the success of a business. In the department store industry, many companies have incorporated diversity initiatives within the workplace as their main priority. Macy’s Inc. is one of the nation’s premier retailers for designer apparel, accessories and home furnishings. Macy’s Inc. department stores operate in some of the most eclectic cities in the nation. The company operates 810 Macy’s department stores and furniture galleries in 45 states, the District of Columbia, Guam and Puerto Rico, as well as macys.com. In addition, Macy’s Inc. owns the Bloomingdale’s brand, which includes 40 stores in 12 states as well as bloomingdales.com. Macy’s Inc. parallels their company’s business strategies to represent the diversity of the nation’s communities. Macy’s Inc. has one of the most dynamic strategies for allocating diversity initiatives within the Macy’s and Bloomingdales department stores. Macy’s In... ... middle of paper ... ...mer’s needs. Comically, a bountiful array of information is provided about the diverse awards and acknowledgements JC Penney has received for their diversity initiatives. JC Penney clearly takes pride in the awards granted, in honor of the company’s diversity initiatives, but the lack of confidence about the diversity initiatives detailed on the website, speaks volumes. Rather than incorporating the community, an integral aspect of the retail business, the focal point of the JC Penney’s website was the diversity within the company. Nevertheless, the website is poorly organized, with a complicated navigational system to boot. Works Cited Bloomingdales (2010). Diversity and Leadership. Retrieved from http://www.macysinc.com. J.C. Penney Company, Inc (2010). JCPenney’s Commitment to Inclusion and Diversity. Retrieved from http://www.jcpenney.com.
General Motors takes a very elaborate approach when it comes to diversity. Like most multi-national companies, GM seeks diversity in their workforce. But they don’t stop there. GM also acknowledges diversity in their consumer-base. In order to meet the varying needs of their customers, GM emphasizes diversification of all aspects of the company. A rather modern approach for diversity in an organization, but very appropriate considering the reputation and impact General Motors has around the globe. The Diversity focus areas for GM are as follows: customers, employees, communities, dealers, and suppliers.
Diversity in the retail marketplace is something that is significant to the company’s success. Retailers are comprised of people selling things to people. Thus, the people that do the selling must be a good representation of the people that are doing the buying. Companies that are well diversified in their hiring practices, as well as organizational goals, are well recognized by the public. Likewise, companies that are unjust in the functioning of their company will be viewed in a negative light, which could lead to decreased sales and company accountability. Taking this into consideration, observing the diversity profiles for two major retail companies can lead to a firm understanding behind their success and company values.
After co-branding the Macy’s name with local Federated stores in 2003, the Macy’s division became the central focus for revamping. Federated descri...
Not only has Macy’s survived, it has flourished; Macy’s is the seventh larger retailer in America, is taking on domestic and international ventures and is maintaining financial stability through it all. If you look at any company piece by piece instead of as a whole you will find flaws but what give the flaws merit or lack thereof, is the company as a whole, as one entity. Viewing everything separately can help us find flaws and correct them but it does not mean we have found what will bring a company down to its knees. Macy’s is accounting for its current shortcomings, and rebalancing to come out stronger and more successful than ever before. As my final words I’ll leave you with this, Macy may have developed the department store, but his legacy and many successors at Macy’s Inc. mastered
Diversity is the difference between people’s culture, nationality, ability, ethnic origin, gender, age, religion, belief, sexual orientation and social class.
The real definition of diversity includes different elements of the identity and culture of each person. Diversity involves cultural differences, such as origins, religious or political affiliation, race, and gender, and other more profound differences, such as experiences and personality. As Banks argues in her research, the real definition involves several elements of our identity (149). Therefore, the way in which we define and conceptualize diversity affects the way in which we interact with people of others culture, race, and affiliations.
Jefferson P. Marquis, Nelson Lim, Lynn M. Scott, Margaret C. Harrell, Jennifer Kavanagh "Managing Diversity in Corporate America, An Exploratory Analysis" Rand Corporation. Web. 29 June 2015.
One of the best definitions for diversity I have come across says, “Diversity is the mosaic of people who bring a variety of backgrounds, styles, perspectives, values, and beliefs as assets to the groups and organizations with which they interact ” (Rasmussen, 1996, p. 274). This definition has three noteworthy points. First, it describes diversity as a mosaic, which is different form the traditional label of a melting pot. A mosaic enables people to retain their individuality while contributing collectively to the bigger picture. Second, this definition of diversity applies to and includes everyone; it does not rule out anyone. According to this definition, we are all diverse. Finally, this definition describes diversity as an asset, as something desirable and beneficial! When viewed from this perspective valuing diversity is openness, fun, and can even be a cause for celebrating in discovering how we can join together to create more as a united team than any one of us can on our own. It is vital to business survival that the workplaces strive to attain this ideal collaboration.
Merriam-Webster defines diversity as “the condition of having or being composed of differing elements; especially the inclusion of different types of people (as people of different races or cultures) in a group or organization” (Merriam-Webster, 2016). With diversity including many different elements, the concept of workplace diversity also covers a broad spectrum of topics, and continues to evolve as many companies look to expand globally. This subject has become increasingly important among managers over the last couple of decades, and has helped to reinforce other concepts such as affirmative action and equal opportunity employment. While most people believe that everyone should have the same opportunities available to them, and that we
The purpose of this research is to provide a substantial assessment/explanation/analysis of the degree to which the McDonald’s operates based on a universal cultural or whether it is most strongly influenced by the national culture of that country. The researcher will explain how McDonald’s uses diversity and organizational initiatives to contribute to the corporate bottom line. Finally, the researcher will evaluate the company’s bottom-line rationale for diversity initiatives.
My company of choice for this report is Macy 's. 'The Magic of Macy 's ', as the company advertises it, has inspired me to shop there, take advantage of their incomparable discounts and great online shopping experience. Macy 's, Inc. is one of the largest department store chains in the United States of America. Macy 's manages stores under the Macy 's and Bloomingdale 's brands. I enjoy shopping at both of the company 's store brands, Macy 's and Bloomingdales. Bloomingdales provides a more personalized experience
In the future diversity in the workplace may be required for companies that want to be competitive, because diverse ideas help create new solutions to help overcome obstacles. To take advantage of the synergy that diversity brings to the workplace, companies must develop long term goals and strategies. A long term strategy acknowledges differences and embraces them to encourage free thinking among employees. By incorporating diversity as an asset, companies can better prepare themselves to face the future. As their customers become more diverse, so should their workforce.
Macy’s is a large, diverse retail corporation. Diversity is one of the business cores of the company; their diversity strategy is based on their international and multicultural advertising and marketing. I choose this organization because their business core values are based on diversity and inclusion. This particular company values diversity and inclusion at the same time. Having a diverse corporate culture is part of being a successful and well-known business around the world. The company is also known for its commitment and demonstrations of a diverse culture. They have a very large and diverse customers and suppliers group.
Diversity is a highly important issue in today’s business, especially in a globalized company. Workplace diversity helps to get better solutions to business problems (Schawbel, 2012). When you have a group of individ...
Diversity is a value that shows respect for the differences and similarities of age, sex, culture, ethnicity, beliefs and much more. Having a diverse organization, helps notice the value in other people and also how to teach respect to people that might not know how. The world is filled with different cultures and people that might believe in different things as you, but that doesn’t mean you need to treat them any different. It is imperative for people to grasp diversity because it’ll help people how to engage with others in a respectful yet a hospitable way.