The Importance of Diversity in the Workplace Essay example

The Importance of Diversity in the Workplace Essay example

Length: 761 words (2.2 double-spaced pages)

Rating: Better Essays

Open Document

Essay Preview

Companies such as Buzztronics are leading the way in the global economy because of their dedication to diversity in the workplace. In order to build a diverse and successful workforce, a business needs to recruit, train, and retain capable and talented minorities.

Deloitte, a prestigious financial firm that deals mostly with accounting, traditionally recruited from top tier colleges and universities, as a result most of their new hires were affluent white males. The company took a step back and evaluated whether their firm reflected the clients they served, and they found that it did not. They decided to reevaluate the hiring practices of their firm. Deloitte started to focus on recruiting from smaller schools, such as community colleges. Community colleges offered many bright and determined individuals that were qualified for working for Deloitte, yet did not have the means to afford more prestigious educations.

International businesses are also finding new ways of increasing diversity abroad. Instead of using expatriate employees as management, they are starting to hire locals. Companies that operate abroad are realizing that using expatriate employees is not a permanent solution. They are often expensive, and are not capable of translating their skills into the new environment. In a company that operates globally, it is important that the company knows how to relate to the local markets, and a great way to do this is by hiring local talent. Hiring locally is cheaper, there is not a language barrier, and they are accustomed to the business environment in the area(5). They can also help the business by providing a new perspective into international markets, and offer ways that the company can improve their diversity abroa...


... middle of paper ...


...serve the people as well as stimulate the local economy. These local employees also help bring a stronger aspect of globalism that promotes new and innovative business strategies and techniques. BuzzTronics is constantly looking towards the future, and the best way to do this is by thinking and hiring globally.


Works Cited

1)http://diversityinc.com/diversity-management/proof-that-diversity-drives-innovation/

2) http://www.thecoca-colacompany.com/citizenship/diversity_council.html

3)http://diversityinc.com/the-2011-diversityinc-top-50/no-8-deloitte/

4)http://diversityinc.com/the-2011-diversityinc-top-50/no-3-pricewaterhousecoopers/

5)http://webcache.googleusercontent.com/search?q=cache:kao-G4H5tWsJ:www.shrm.org/Publications/StaffingManagementMagazine/EditorialContent/Pages/0709overman.aspx+hiring+from+local+communities+abroad&cd=9&hl=en&ct=clnk&gl=us

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

The Importance of Workplace Diversity and the Associated Challenges Essay

- According to McCormick (2007), the first form of workplace diversity happened in 1948, when President Truman approved Executive Order 9981 whose main purpose was to advance equal treatment and opportuities in the armed forces. Therefore, scholars cite it as the origin of workplace diversity because President Truman the committee tasked to implement the executive order, used it to pursue desegregation in the armed forces. In the business world, many companies long held the belief that the assimiltion of new recruits in an organization required their socialization to adapt to the organization’s existent culture....   [tags: culture, perspective, management, ]

Better Essays
1226 words (3.5 pages)

Diversity in the Workplace Essay

- Abstract This paper is aimed at providing a framework for discussion of diversity and how it pairs with demographic characteristics. It is divided into four parts. Part I represents diversity in the workforce, which reflects the rational of organizations and how they handle diversity in the occupations of their workers. Parts II characterize diversity and age, as it responds to the fact that older people have the skill set to keep them working well past retirement age. Part III denotes religion, where as more employers are beginning to recognize the need to allow employees to take time to pray....   [tags: Workplace Diversity Essays]

Better Essays
1417 words (4 pages)

The Importance of Eradicating Workplace Discrimination Essay

- In the changing business environment nowadays, organizations need to differentiate themselves to gain competitive advantages to survive. One of the most important advantages is workforce diversity. Because “A well performing team will create additional value to a company by combining individuals’ strengths and take advantage of synergies that may exist, thereby making the whole greater than the sum of its parts.” (Holtzman p.75). Hence, the requirement of workforce diversity, especially heterogeneity is a must in the twenty first century....   [tags: heterogeneity, workforce diversity, ageism]

Better Essays
1331 words (3.8 pages)

Strategies For Managing Diversity Within The Workplace Essay

- ... However, it is a double-edged sword, and poorly monitored diversity may cause severe losses to an organization in the numerous ways. Ignoring the mounting costs of mismanaging cultural diversity in the workplace will have long-term effects on your company’s future. Mismanaging cultural diversity at work causes unhealthy tensions between employees and employers and a loss of team productivity. Below are the five phenomenal measures that help HR leaders in managing workplace diversity. 1. Assessing the workplace diversity through audit of organizational culture A leader/manager should be well informed about the long run and short run goals of the organization, strengths, and weaknesses of...   [tags: Culture, The Culture, Cultural diversity]

Better Essays
1315 words (3.8 pages)

The Impact Of Workplace Diversity On The Workplace Essay

- ... The benefits associated with diversity include increased adaptability, broad range of service, divergent view points, and effective implementation of tasks (Greenberg, 2010). Diversity is also associated with numerous challenges that management and human resource personnel need to be conversant with to manage diversity well. Communication is perhaps the most important diversity challenge at the workplace. The challenge of communication stems from the myriad cultural, language and perceptual obstacles at the workplace (Greenberg, 2010)....   [tags: Management, Employment, Organization, Perception]

Better Essays
1383 words (4 pages)

Valuing Diversity in the Workplace Essay

- Managers continuously strive for organizational improvements both financially and throughout the workplace. I believe it is important for Managers to value the diversity in the workplace by recognizing their workplace composition, and the cross-culture differences and similarities. Valuing diversity in the workforce can assist a manager or an organization in developing and utilizing all of the human resources available. Valuing diversity can be defined as, “valuing the vast differences between people within an organization.” Our text defines valuing diversity as: “means putting an end to the assumption that everyone who is not a member of the dominant group must assimilate.” In today’s work...   [tags: Racial Diversity, Ethnic Diversity]

Free Essays
854 words (2.4 pages)

Diversity Within The Workplace Diversity Essay

- 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....   [tags: Affirmative action, Discrimination, Egalitarianism]

Better Essays
1398 words (4 pages)

Workplace Diversity Essay

- Diversity is the uniqueness which every employee brings to the workplace in an organization or establishment. Examples of differences include nationality, belief, disabilities, physical appearance, race, gender, age, educational background, sexual orientation, and work experience, social and family status. At the workplace, valuing diversity means creating a work environment that respects and includes individual variation by maximizing the potential of all employees or in which every employee feels included....   [tags: Racial Diversity, Ethnic Diversity]

Better Essays
1571 words (4.5 pages)

Essay on Diversity in the Workplace

- Diversity in the workplace is a subject that has gained increased attention in the workplace over the past few years. After all, the impact of affirmative action and equal employment opportunity programs on the nation's work force is undeniable. Women and minorities were the first to dramatically alter the face of the economic mainstream, while gays, persons with disabilities and senior citizens followed not far behind. The result is a diverse American labor force representing a microcosm of our society - yet one that continues to struggle with its identity....   [tags: Racial Diversity, Ethnic Diversity]

Better Essays
1261 words (3.6 pages)

Managing Cultural Diversity In The Workplace Essay

- In today’s society, cultural diversity is at the highest point it has ever been. As companies are becoming more diverse, it is becoming more important for them to understand and manage that diversity. People of different backgrounds, races, ages, sex, and/or religions create a diverse workforce. There is an importance of having a diverse workforce in order to provide better performance overall. With a diverse workforce, there arises a need for new management strategies, which require organization leaders and managers to know the differences among their employees and to know how to handle situations involving these differences....   [tags: Racial Diversity, Ethnic Diversity]

Better Essays
1336 words (3.8 pages)