Organisational advantages - workforce diversity, Business Management

Assignment Help:

Workforce diversity benefits the organisations in myriad ways amidst spate of challenges.  In fact, organisations have made a business case for diversity, arguing that diversification of the workplace is a necessity for increasing workplace innovation and creativity (Cox and Blake, 1991; McLeod, Lobel, and Cox, 1996).

As globalisation is increasing, diversity will help organisations to enter the international arena (Cascio, 1998). The underlying idea (argument) appears to be that the firm will better be able to serve increasingly diverse customers, meet increasingly severe and diverse competitors, and deal with increasingly complex business and management problems by actively seeking and managing a diverse workforce. Organisations with a diverse workforce can provide superior services because they can better understand customers' needs (Wentling and Palma-Rivas, 2000). For instance, hiring women, minorities, disabled, etc. will help organisations to tap these niche markets (Mueller, 1998) and diversified market segments (Henry and Evans, 2007).  It is believed that employers who hire minorities may increase their appeal to these markets (Hays-Thomas, 2004). Organisations that are open for women increase the pool of talented applicants, leading them to acquire and retain competitive workforce (Sabeen 2007).


Related Discussions:- Organisational advantages - workforce diversity

Analyze the weaknesses of the eia system, "In the past two decades Mauritiu...

"In the past two decades Mauritius has experienced an unprecedented boom in the tourism industry. Tourism activities are mostly concentrated on the coastal zone and over 90% of th

Plant layout - product oriented vs. process oriented, Plant Layout: Product...

Plant Layout: Product Oriented Vs. Process Oriented The argument is never going to end and we don't claim either to solve the issue. The simplest explanation to choice of layou

Show ways to communicate effectively interculturally, Question 1: (a) D...

Question 1: (a) Describe the two main criteria that have contributed to intercultural communication within the work environment. (b) Clearly show  three challenges and t

Explain the difference between a Relation Schema and a Rela, Explain the di...

Explain the difference between a Relation Schema and a Relation Instance, Database Management System

Business environment, how price and output determined under monopoly in sho...

how price and output determined under monopoly in short period

Behaviour, Question: 1 What is meant by the core competency and synergy ...

Question: 1 What is meant by the core competency and synergy components of strategy? Give examples. Perform a SWOT analysis for the university campus you attend. Do you think yo

Authentication v/s authorisation, QUESTION a) Differentiate between the...

QUESTION a) Differentiate between the following key terms used in any e-banking security system: (i) Authentication v/s Authorisation (ii) Data Confidentiality v/s Data I

Cost optimization, Have preventive maintenance( PM) in addition to breakdow...

Have preventive maintenance( PM) in addition to breakdown maintenance ( BM) optimal combination of the two is required for total cost minimization profitable preventive maintenan

Mr, explain guests model of hrm

explain guests model of hrm

Company is paying a dividend, When we refer to profitability, are we referr...

When we refer to profitability, are we referring to more than the fact that the company is paying a dividend? Ans) Yes, absolutely. I focus on the right hand columns of the Stoc

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd