Workforce diversity and organisational excellence, Business Management

In today's fast-paced work environment a successful organisation is one where diversity is the norm and not the exception. It is the approach to diversity, not the diversity itself which determines the actual positive and negative outcomes (Henry and Evans, 2007). Emerging literature suggests that culturally diverse organisations outperform their more homogeneous counterparts (Cox 1994; Dreachslin 1996; Richard 2000). According to one study, culturally diverse groups relative to homogeneous groups are more effective both in the interaction process and job performance; these benefits occur after a diverse group has been together for a period of time (Watson et al., 1993). In a survey conducted by the Society for Human Resource Management (SHRM) in 2001 it is found that human resource professionals from Fortune 1000 companies believed diversity initiatives benefit  a companies' bottom line. In  terms of the impact diversity
initiatives have on issues related to the bottom line, professionals believed the top five positive impacts were: improving corporate culture, helping recruit new employees, improving relationships with clients, higher retention rates, and decreasing complaints and legal action. In  the SHRM study, 91 percent of the respondents believed diversity initiatives assist the organisation in keeping a competitive advantage through improving employee morale and corporate culture (McCuiston and Wooldridge, 2004).

Posted Date: 4/2/2013 2:00:32 AM | Location : United States







Related Discussions:- Workforce diversity and organisational excellence, Assignment Help, Ask Question on Workforce diversity and organisational excellence, Get Answer, Expert's Help, Workforce diversity and organisational excellence Discussions

Write discussion on Workforce diversity and organisational excellence
Your posts are moderated
Related Questions
The idea of humans as capital means that humans have a particular worth to a company (or society). Education enhances that worth, making individuals more able to contribute to a co

How would you classify the GE culture in terms of the "Handy Model" discussed, please motivate your answer to explain why you have chosen a specific culture/s based on the informat

What is Costco''s vertical and horizontal business structure?

What are Programme Evaluation and Review Technique? PERT (Programme Evaluation and Review Technique): It is a technique used for controlling and scheduling the projects w

define organisational behaviour and explain how organisational and the managers job are related?

(a) Outline the method of carrying out a quantitative survey which is used in the market research. (b) Describe Michael Porter's five forces that is used to analyse the micro en

Illustrate the definition of time study? Definition of Time Study: Time study is described as a work measurement technique for recording the times as well as rate of wor

QUESTION Mauritius Institute of Technology (MIT), is a well-established private tertiary education institution located in Moka. The MIT operates two faculties with around ten d

Question 1 List and discuss the four assumptions made by modernization theory about the process of social change in the Third World. Give your own examples to illustrate your d

Discuss how the four major conceptual blocks apply in today''s firm settings. Specifically, discuss how these four major concepts can be applied to your personal experience in a pr