Workforce Diversity - 1590 Words

I. Introduction As we enter the 21st century, workforce diversity has become an essential business concern. In the so-called information age, the greatest assets of most companies are now on two feet (or a set of wheels). Undeniably, there is a talent war raging. No company can afford to unnecessarily restrict its ability to attract and retain the very best employees available. Generally speaking, the term â€Å"Workforce Diversity† refers to policies and practices that seek to include people within a workforce who are considered to be, in some way, different from those in the prevailing constituency. The world s increasing globalization requires more interaction among people from diverse cultures, beliefs, and backgrounds than ever†¦show more content†¦c. As a Resource Imperative The changing demographics in the workforce, that were heralded a decade ago, are now upon us. Today’s labor pool is dramatically different than in the past. No longer dominated by a homogenous group of white males, available talent is now overwhelmingly represented by people from a vast array of backgrounds and life experiences. Competitive companies cannot allow discriminatory preferences and practices to impede them from attracting the best available talent within that pool. d. As a Legal Requirement Many companies are under legislative mandates to be non-discriminatory in their employment practices. Non-compliance with Equal Employment Opportunity or Affirmative Action legislation can result in fines and/or loss of contracts with government agencies. In the context of such legislation, it makes good business sense to utilize a diverse workforce. e. As a Marketing Strategy Buying power, particularly in today’s global economy, is represented by people from all walks of life (ethnicities, races, ages, abilities, genders, sexual orientations, etc.) To ensure that their products and services are designed to appeal to this diverse customer base, â€Å"smart† companies, are hiring people, from those walks of life - for their specialized insights and knowledge. Similarly, companies who interact directly with the public are finding increasingly important to have the makeup of their workforces reflect the makeup of theirShow MoreRelatedThe Diversity Of The Workforce1049 Words   |  5 Pagesdifferent races and cultures. This then leads to our workforce where you see that same type of diverse culture entering the workforce in the communities they live in and the ones around them. Our workforce hasn’t only changed to multicultural, it also has more and more woman as well.. If we look back 50 years you see that woman and individuals with a ra ce other than caucasian had a very hard time finding a place where they would be welcomed in the workforce. Today woman, our international population, andRead MoreWorkforce Diversity1507 Words   |  7 PagesINTRODUCTION Workforce diversity addresses differences among people within an organization. Workforce diversity means that organizations are becoming a more heterogeneous mix of people from different categories. Diversity refers to the co-existence of employees from various socio-cultural backgrounds within the company. Diversity includes cultural factors such as race, gender, age, colour, physical ability, ethnicity, education, language, lifestyle, beliefs, economic status, etc. Diversity requires aRead MoreHow Cultural Diversity Is Changing The Workforce. In Today’S1196 Words   |  5 PagesHow Cultural Diversity Is Changing the Workforce In today’s society there are many culturally diverse people in the workforce. 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The changing workforce is one of the difficulties confronted by associations in the later past and most organizationsRead MoreDiversity And Diversity Of The Workforce895 Words   |  4 PagesCompanies have had to conform to what is known today in society. Diversity in the workforce includes a couple of different aspects. Companies must recruit, train, promote and utilize employees whom are diverse (Bateman, 2013, p. 204). Diverse being individuals who have a different ethnic backgrounds, different beliefs, different cultures, and different abilities. Diversity includes women and minorities, but also utilizing each of the individual employee’s abiliti es to help make the company more effectiveRead MoreDiversity Within A Workforce Diversity894 Words   |  4 Pagespromote workforce diversity through different initiatives. Some organizations have started reaping the benefits of employees’ diversity at their workplaces. Some public and private organizations have promoted women and minorities to leadership positions, which was rear in the past. Despite the advantages diversity brings in various organizations and the initiatives taken by organizations to promote it, implementing it poses challenges in different organizations. Initiatives to promote diversity TheRead MoreThe Impact Of Diversity On Workforce Diversity Essay1993 Words   |  8 PagesCapitalising on Workforce diversity is the aim of most organisations today. However, workforce diversity presents both opportunities and challenges in organisations as ideas and practices from different backgrounds combine together, sometimes causing challenges such as communication and benefits such as productivity and creativity. This essay will further analyse the opportunities and challenges that are present in today’s organisations due to workforce diversity. Understanding workforce diversity is crucialRead MoreEssay on Diversity in the Workforce1581 Words   |  7 Pagesto create a diverse workforce not to have the best staff, but also the right mix of cultures as companies expand globally. Diversity is a collection of many attributes that a person, group or culture has, and how they interact together offering these individuals strength to grow a company’s business. As companies grow globally they need to pay special attention to how they market their business, offer their services in different parts of the world and having a diverse workforce helps meet those demandsRead MoreThe Diversity Of A Multicultural Workforce1151 Words   |  5 PagesAs for Google it is known for have a multicultural workforce however they lack on the amount of women working at google one of the reasons for this is they nature of the business, technology most women are actually not interested in technology jobs so it more prominently dominated by male s. For this reason it more likely for the best candidates to be male as to there is more of them. However Google is using the diversity management to attract more employees from and develop the world’s most talentedRead MoreThe Diversity Of A Diverse Workforce2007 Words   |  9 Pages Diversity management is extremely important and must be an ongoing process within all levels of an organization. Diverse work groups often have better and more ideas because of their wide-ranging backgrounds and experiences. Also, companies with a diverse work force that operate globally may perform better. While working in a group people need to have a common way of communicating and accomplishing task. If the group members do not get along then the group is likely going to suffer. Diversity in