Leaders in an organization should not ignore the substantial benefits of cultural diversity in the workplace, but maintained and value it to increase the organization’s reputation and productivity. The Advantages of Managing Cultural Diversity Cultural diversity can bring tangible benefits to an organization who is ready to foster, maintained, and value the difference in cultures. The marketplace is becoming more competitive, many business executives are expanding and developing new ideas, products and services beyond their usual culture or environment. A diverse workforce will help to understand the need and interest of another culture within and outside of the region. Thereby helping the company to expand globally, acquire more business opportunities, provide opportunities to create an excellent, diverse customer base and remain compe... ... middle of paper ... ...mployees how to work better with diverse boss or teammate, create cultural awareness and teaches cultural sensitivity.
There is no doubt that the business world is changing rapidly and that many factors are also simultaneously interacting. Perhaps these factors are created by cultural diversity. The online dictionary source, http://en.wiktionary.org defines diversity in the social context as a business strategy encouraging differences in order to compete in a marketplace with a heterogeneous customer base. Diversity in the general population, the work force and the market place give many benefits for organizations. Global managers gain more knowledge on internal diversity in order to maximize the efficiency of their workforce and increase profit margins for their companies.
"The organization starts performing better than its competitors when diversity initiatives are implemented, and each worker experiences the personal gratification of horizon expansion, and thus greater adaptability, in today 's and tomorrow 's work environment” (Marques, 2007). ”Performance excellence in a diversity espousing environment comes not only from new ideas, but also from the increased sense of meaning instilled in workers who know that their background and perspectives are valued" (Marques, 2007). Organizations that make diversity a priority are the companies that can come up with solutions not only during problematic situations but on any regular day at work (Marques, 2007). Businesses that are transparent organizations can sit and discuss issues rather than waiting and hoping things will sort their selves
HR brings the business perspective while other departments (management, finance) are looking directly at numbers. HR knows people and how to enhance human capital and make the right personnel investments. When properly used, HR can have significant changes and positive results on and with a company due to its knowledge and existing capabilities. In order for HR to make significant contributions, as aforementioned, they need to be allowed to and be worked with by management to achieve common goals (Hults,
Companies need to incorporate diversity, because diversity has the potential to increase productivity and have a competitive advantage (About SHRM, n.d.). Diversity in the workplace can reduce lawsuits and increase marketing opportunities, recruitment, creativity, and business image (Esty, Griffin, Hirsch, 1995). Managing diversity is more than just recognizing differences in people. It involves recognizing the usefulness of differences, resisting discrimination, and promoting a variety of individuals. Managers may lose employees and work productivity will diminish to prejudice and discrimination, as well as complaints and legal actions against the organization (Welham, Booth, Robson,
The organization makes a conscious effort to recruit and hire talent from different cultural backgrounds and ethnicities. DuPont’s belief is that differences bring new perspective and innovation to maintain competitiveness (Kilaru and Pan, 2013). Diversity in age, ethnicity and cultural background is a breeding ground for strategic ways of doing business. The text, Organizational Behavior, workforce diversity helps to expand organizational capabilities and increases access to diverse markets (Schermerhorn, 2012. p. 42). DuPont and other companies focus on diversity because there are benefits to having a mix of people within the workforce.
It is important for today's business to attain and maintain talented human work forces; therefore, many companies strive to seek methods to reinforce human work forces. I think that diverse recruitment and career development actives are good ways to reinforce human work forces because these are motivate employees to increase organization's productivity as well as employees' loyalty to their companies. As diversity flourishing, the most successful companies have tried to deal with diversity toward inside customers, employees and outside customers, real customers. It is not only bringing advantages to them but also practicing affirmative action. It is not easy for a company to maintain their human work forces and find their employees' potential which can be used to increase productivity.
Managers are to gain more knowledge on internal diversity in order to maximize the efficiency of workforce and profit. Therefore, not only are changes inevitable while competition and improvement interacting, but also globalization is a crucial factor affecting all organizations. This essay will focus on and analyze some themes related to the diversity in today¡¦s competent business environment and a successful example will be discussed at the end of this paper. Reform of traditional management Bell and Harrison (1995) have an opinion on the ¡§past leaders¡¨. In the past business world, leader were required to show that they have the strongest ability among all other staff.
Having managers or human resource departments that are superb for identifying, recruiting, and hiring the best talent available will allow the organization to employ people with skill, and capabilities that add value to the organization. There are times when gender, age, and ethnicity are considered. Is this an overall process that effective and efficient business organizations base there employment status on? A diverse workforce that has been established within business environments are important. Companies that value the ways cultural and workforce diversity contribute to long-term success, innovation and productivity embrace methods that enhance efficiency (Waller,2006 pg.50-52).
Organizations also discovered diverse workplace can increase adaptability by providing solutions to service, sourcing, and allocation of resources. Global organizations can benefit from diverse workplace because the employees that speak different languages and understand different cultural can assist the company with conducting business internationally. In diverse workplace, employees are motivated to perform at high level which in resulted organizations can increase in profit, productivity, and investments