MAXIMIZATION OF A DIVERSE BUSINESS BY THE MEANS OF RECOGNIZING, MANAGING, AND PRACTICING DIVERSITY.
Racial and Ethnic Composition, 1999 to 2050.
.
Familiarization with the problem.
Since the U.S. has become more diverse over time, it is necessary to have a diverse workforce. Diversity in the workforce is becoming increasingly common, and managing this trend represents a unique leadership challenge (Mayo, 2002). Global HR magazine says, "A diverse workforce.is the best way to expand into new markets and stimulate new business ideas, as well as improve customer relations" (Mayo, 2002). Pat Harris, chief diversity officer for McDonald's Corporation comments, "By 2005, minorities will comprise 30 percent of American consumers and 34 percent of the American workforce" (Business, 2002).
As diversity in the workforce continues to increase, business leaders need to focus on three main factors in order to maximize diversity in their company. These factors are to recognize all changing trends of workforce diversity; manage your business under a diverse environment; and have all employees practice diverse ethics. Businesses must strictly maintain these factors to keep their business diversity effective.
Purpose Statement.
The purpose of this report is to discuss maximization of a diverse business by the means of recognizing, managing, and practicing diversity.
Discloser of Resources.
Secondary resources were used in writing this report and included eight articles. The articles used were the result of several searches using the LCC.NET Internet service provider. A complete bibliography of the sources is included in the appendix.
Definitions.
The following words are defined as they are used in this report.
1. Workforce Diversity - having a wide variety of workers with difference in age, race, gender, disability, ethnicity, and/or religion working together.
2. Maximize - to increase or make as great as possible.
This is precisely what political diversity provides. ... Moreover, political diversity allows most to have a stake and say what is beneficial to the country. ... However, the debate which political diversity encourages can be a double-edged sword. ... Political diversity can thus breed rivalry. ... In this aspect, the political diversity which encourages this may harm the nation as a result. ...
Diversity Training 1 Running Head: DIVERSITY TRAINING Diversity Training in the Workforce Diversity Training 2 Abstract The purpose of this paper is to explore the human differences know as diversity in relation to today's workforce. ... Harmonious diversity in the workplace is achieved by promoting and creating a more inclusive work environment that is leveraged and maximizes said diversity. ... Diversity Training 3 Diversity Training in the Workforce Diversity in the workforce has been growing steadily over the years. ... The face of diversity in the wor...
Confusion still remains behind the words social diversity. ... Well, in Merriam-Webster's dictionary there is not a word for social diversity as a whole, but broken down to social and diversity. ... Diversity in the Merriam-Webster's dictionary means: the condition of being diverse, variety. ... My name in itself is a social diversity. ... Will there always be social diversity around us? ...
Diversity at work place Abstract: Diversity programs have been considered as good investment whose returns have been very beneficial to organisation. ... Diversity of the workforce is clearly here to stay. ... Diversity is necessary if the organisation is to prosper. ... (Sutherland, 1996) What is workplace diversity? ... Diversity matters to both clients and consumers. ...
Diversity Many of today's companies must deal with the increasing role of diversity in the workplace. They must link diversity into their performance so that productivity, workforce, working environment, and overall all profits are increased. Basically companies must integrate diversity to achieve maximum results. One aspect of diversity is the salesperson to customer relationship. ... Diversity is a major issue in today's world and companies are now dealing with it in imaginative ways. ...
Many have always viewed the concept of diversity in the workforce as a favorable one. ... One of the most important benefits of workforce diversity is the market argument. ... Another important benefit of diversity in the workforce is referred to as the innovation argument. ... Forty five percent have also claimed that diversity increases innovation within companies. There are many other benefits associated with diversity in the workforce. ...
Diversity Paper Introduction: Diversity is an increasingly important factor in today's team as work groups become more diverse in terms of gender, nationality, and other personal characteristics of their members. Sometimes the effect of diversity seems positive, at the other times negative, and in other situation, there seems to be no effect at all. Gender: Gender is among the characteristics associated with diversity and is known to influence team behaviors. ... For example, when the group is engaged in a creative task, diversity of values can be expected ...
This paper will describe diversity and it's importance to the workplace environment. ... We then will create a diversity benchmark for corporations to incorporate into their policies. Defining Diversity Diversity is defined as "describing human qualities such as race, gender, and ethnicity that are different from our own and outside the groups to which we belong- (Gibson, pg. 477). ... Diversity has a major impact on our behaviors and the decision making process. ... If employees understand the importance of diversity then building a relationship is much easier. ...
Table 2 Dilemmas and corresponding recommendations for HR Managers 2.3 DIVERSITY Goal: Come up with ways to overcome foreseen challenges in managing diversity in EXTEC. Diversity is generally defined as acknowledging, understanding, accepting, valuing, and celebrating differences among people with respect to age, class, ethnicity, gender, physical and mental ability, race, sexual orientation, spiritual practice, and public assistance status (Green et al. 2002). Excellent diversity management can provide creativity and innovation and this can successfully unlock hidden capacity for growth of t...