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The impact of diversity on organizations
The impact of diversity on organizations
The impact of diversity on organizations
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Background
Ivan Seidenberg has been in a key leadership role at Verizon since 2000 (Anonymous, 2011). While in his leadership role, Ivan Seidenberg has led Verizon into a global network and Verizon has built out their network into a nationwide industry (Anonymous, 2011). Ivan Seidenberg is sixty three years old and has a bachelor’s degree in math and a master’s degree in business administration (Anonymous, 2011). Prior to working with Verizon, Ivan Seidenberg was a chairman and chief executive officer of NYNEX and Bell Atlantic (“2010 Fortune 500”, n.d.). Ivan Seidenberg created Verizon by combining Bell, NYNEX, GTE, and MCI. He also created Verizon Wireless by combining Bell Atlantic, GTE, and Vodafone Air Touch (Anonymous, 2011). Ivan Seidenberg was the Co Chief Executive Officer in 2000, then in 2002 he became the Chief Executive Officer, and then Chairman in 2004. In 2007, Former President G.W. Bush appointed Ivan Seidenberg to the National Security Telecommunications Committee (Anonymous, 2011). In June 2010, President Obama appointed Ivan Seidenberg to the President’s Export Council (Anonymous, 2011). The export council advises the President on how to promote U. S. exports, jobs and business growth.
Status of Diversity within the Organization
DiversityInc. rated Verizon Communications number one in diversity for 2009 (“Corporate responsibility”, n.d.). Verizon was also recognized for their recruitment and retention which ranked 2nd of the businesses that participated in DiversityInc’s survey. In 2010 Verizon dropped to 11th in diversity from DiversityInc’s survey (“DiversityInc top 50 companies for diversity”, 2011). DiversityInc reviews 4 categories for their ranking of companies. Those categori...
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...ng the difference in salaries on deployed military employees. Ivan Seidenberg also believes in ethics and integrity at all levels in his organization. Ivan Seidenberg’s investment in his people has created a return in company profit and while he is leading the company, Verizon will continue to soar.
Works Cited
2010 fortune 500. (n.d.). In CNN money. Retrieved February 20, 2011, from http://www.cnnmoney.com
ANONYMOUS. (2011, January 31). Investment brokerage companies; blackRock announces appointment of Ivan seidenberg to board of directors [Electronic version]. Internet Business Newsweekly, Atlanta, 85. .
Corporate Responsibility.(n.d.). In Verizon. Retrieved February 19, 2011, from http://www.verizon.com.
DiversityInc top 50 companies for diversity. (2011, December 20). In DiversityInc. Retrieved February 24, 2011, from http://www.diversityinc.com.
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