Diversity management is one of the key issues facing corporate America today. Higher number of female workers along with influx of immigrants from various racial and ethnic backgrounds in the workforce has prompted a need for diversity management because lack of the same can cause serious legal and performance problems. Diversity management refers to the strategies that seek to create a positive and healthy environment for everyone at the workplace. In more meaningful terms, diversity management is any effort made to train managers and other employees to get along with each other in a more positive manner.
Diversity management is closely connected with good performance because the better and more positive a work environment, the higher will be the productivity of individual employees. Secondly if there are diversity related issues at workplace, it not only diminishes productivity and commitment, it can also lead to higher turnover and more legal repercussions. In 1996, Texaco made national headlines when a tape of its executives revealed use of inappropriate language when referring to black female workers in the firm. A discrimination lawsuit was filed which was immediately settled for $176 million. "Of that, $35 million was to fund diversity efforts. Texaco revamped training, expanded feedback to managers through diversity audits and diversity evaluations, and set up mentoring programs and affinity networks for women and minorities. Texaco's report on its progress after five years championed the programs but did not make clear whether diversity had actually increased."
Diversity management is closely connected with good overall performance because it results in reduction of costs associated with unnecessary turnover, employee clashes, and lawsuits. Another major reason why companies perform better is because of the positive reputation they enjoy in the market when diversity management is in place. If a firm is known to be an equal opportunity provider that makes every effort to handle diversity in an appropriate and timely fashion, then there is a chance this would resonate with the public and translate into higher sales. The opposite of it is also equally true. Companies with bad reputation for diversity management...
Diversity Management The Ontario Human Rights Code prevents discrimination and harassment because of seventeen different things, and included on this list is "sexual orientation." Thus, there are no grounds for disciplining John and Ted on the grounds that they are homosexual. If they are in a relationship, it is possible that public displays of affection could be an issue here, and management would be able to address that if the company
Job satisfaction is very important, without job satisfaction, no employee can ever produce results and diverse management provides job satisfaction to the employees, hence it can be said that diverse management plays a pivotal role in the success of any business. Diverse management also provides flexibility, which is extremely important to achieve the goals of an organization. If an organization is very rigid and does not treat its employees
Today, it is not uncommon for managerial leadership to be drawn from one pool and placed in the other in order to facilitate greater intimacy between operational aspects separated by geography and culture. Though this strategy brings with it a number of notable benefits with regard to the coordination of global operations, it does also bear with it a number of challenges which fall upon the Human Resources department
diversity in management? Technological developments and the emergence of a universal, globalized economy have brought individuals from different societies closer than they have ever been. Hence, institutions like schools/colleges and corporations are seeking means to better cater to the entities constituting them. This encompasses the ability of attracting and retaining the finest and most capable workforce. Diversity deals entirely with difference. It implies: the presence of a broad array of
The importance of workforce diversity is broadly appreciated in management and organizational behavior literature (Yang & Konrad, 2011). Nonetheless, reaping the benefits of diversity management may not be as straightforward as often thought. Employers must have the right organizational design in place if they are to effectively reap the benefits of workforce diversity. First, it is important to have a broader vision of inclusion. It is often assumed that diversity
P&g To help establish Procter & Gamble's diversity initiative, it is important first to determine some metrics for measuring diversity, as a means of understanding where the company is today. As a starting point, it is important to remember that there are many different types of diversity and that not all diversity has been conclusively demonstrated to be positive for organizations. For example, Richard (2000) showed that in general racial diversity
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