Workforce diversity and organisational excellence, Business Management

Assignment Help:

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).


Related Discussions:- Workforce diversity and organisational excellence

Tqm implementation, At this stage as senior managers becomes committed ...

At this stage as senior managers becomes committed and involved in preparing the plan for TQM implementation they start to : a. Point out the benefits of TQM for the o

Sks7000 marketing flyer, How can your answer be free of plagiarism what ass...

How can your answer be free of plagiarism what assurance will you give me that another person from the same school will not order for the same material

What are the relatively distinct leadership styles, What are the relatively...

What are the relatively distinct leadership styles? The three relatively distinct leadership styles are as illustrated below: 1. Authoritarian: leader makes every decision

Micro developments in business, Micro credits have recently been promoted i...

Micro credits have recently been promoted in Europe to deal with the problem of unemployment and encourage economic growth. This has been done by providing an opportunity for both

Summarize and briefly explain the problem solving process, QUESTION 1 (...

QUESTION 1 (a) Summarize and briefly explain the problem solving process? (b) List techniques that have been developed to help individual and groups make better decisions

Functional and process management, How will officers achieve intergration w...

How will officers achieve intergration when they have no authority over either the administrative functions or programs

Define the conceptual skills of a successful manager, Define the conceptual...

Define the conceptual skills of a successful manager. Conceptual skill: Conceptual skill is the capability to see the organization as an entire, to recognize inter-relati

Reflect report, how much it cost for proof reading and editing checking gra...

how much it cost for proof reading and editing checking grammar etc for 2500 words#

Controlling is the measurement and correction of performance, QUESTION 1 ...

QUESTION 1 Planning is important for the success of an organization. Yet several organisations are reluctant to be involved in the planning process. Discuss the validity of thi

Importance of effective internal and external communication, Question 1: ...

Question 1: Answer briefly to any three of the following: (a) Explain the importance of effective internal and external communication. (b) Explain how business communicat

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