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The Value of Diversity in the Workplace. The Value ... shared. Diversity in the
workplace is thought to increase shareholder value. Diverse ...
VALUE OF DIVERSITY IN THE WORKPLACE. The Value ... shared. Diversity in the
workplace is thought to increase shareholder value. Diverse ...
... status, while women tend to value relationships based ... While diversity is associated
with higher task ... with team performance and effectiveness in ones workplace. ...
... the workforce has made strides in the direction of equality, it is still far from
attaining total equality in the workplace. A company must value diversity. ...
... the environment. Organizational learning practices can be instituted to
bring value to diversity in the workplace. These include ...
Submitted by jenny0701 on September 17, 2005
Category: Social Issues
Words: 830 | Pages: 4
Views: 993
Popularity Rank: 6,284
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The Value of Diversity in the Workplace
The Value of Diversity in the Workplace
The world is becoming smaller every day. The Internet, mass media, telecommunications and mass transportation have all contributed to the shrinking of international market. Because of these technologies, there is a continuing necessity for companies to address the needs of a very diverse market so that they can be competitive. Companies must now ask themselves what they can do to increase the number of customers for which they serve while determining the needs of these customers. This business process makes diversity a crucial part of a company's growth and operation.
Hiring and retaining employees with diverse backgrounds to meet the demands of the global marketplace is the first step to meeting these challenges. Companies like EBS PaineWebber (Grano, 1999) have committed themselves to diversity so that they can establish themselves as a diverse organization ready to meet the needs of a diverse group of potential clients. UBS PaineWebber (Grano, 1999) has discovered that they must hire the best employees available with diverse backgrounds and talents. Hiring and retaining diverse employees not only establishes the company as a diverse organization that can meet the needs of a diverse clientele but also diverse employees have the potential for improved performance over less diverse groups. Diversity can be especially beneficial on creative projects like product development or marketing (Neale, 2000).
Diversity is not simply a difference between people based upon where they live, the color of their skin, their ethnicity, whether they are male or female or the differences in their age. Diversity is also the differences in a person's educational background and the experiences that a person has had. Diversity is also the values or goals that influence a person's beliefs (Neale, 2000).
Margaret Neale (2000), the...
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