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importance of diversity management

age, gender, education etc.) The importance of diversity and inclusion within the workplace is not something that can be understated. Managing diversity is a significant organizational challenge, so mana-gerial skills must adapt to accommodate a multicultural work environment. Diversity in the workplace & why it is important They say variety is the spice of life, yet some are still actively shying away from embracing their differences. Diversity management : Challenges, benefits, and the role of human resource management in Brazilian organizations January 2011 Equality, Diversity and Inclusion: An International Journal 30(1):58-74 In terms of business cases, it is very important that diversity management gets integrated with HR policies and practices. As the importance of diversity in the organizational context has increased manifold, most organizations would like to research on diversity–organizational culture linkage, its effect on diversity openness, and between diversity and performance both at individual and organizational levels. Besides, it also examines the moderating role of empowerment and capability development (CD) between the importance and the implementation of gender and religious management … Besides, managers must determine diversity objectives in the basic function of management that is called planning (Allen et al., 2004). Here are six reasons why diversity … Avoid bias (priorities and targets should be based on hard workforce data, not managers’ personal preferences/world views). The role of diversity in human resource management is to create an enriched workplace environment where differences are respected rather than discriminated against. Diversity in the workplace boosts a company’s employer brand and presents a company as a more desirable place to work. Diversity management is the key to growth in today’s fiercely competitive global marketplace. At the same time, leaders at asset-management firms must firmly assert that diversity and inclusion are an irrevocable part of the agenda. Successful diversity management helps managers to maximise employee's knowledge and expertise to better achieve organisational objectives (Allen et al., 2004). Diverse work teams bring a high value to the organization. The Importance Of Diversity Management 1124 Words | 5 Pages. Managing diversity in the workplace means that businesses need to keep abreast of changing employer-related laws and trends, especially diversity-related changes. For a diversity programme to succeed, it requires the enthusiastic support and involvement of top management, who must clearly articulate the importance of diversity as a business value and goal. Workplace diversity leads to better hiring results. This document is designed to help managers effectively The purpose of this paper is to investigate the importance of ethnic, gender and religious diversity management practices (DMPs) and the level of implementation from perspectives of five-star hotels in Egypt. Diversity is connected to ethics principles as well as compliance management laws and corporate social responsibility (CSR) policies in many parts of the world. Answer: Diversity is important in the workplace for a variety of reasons. Human resource managers focus on equal employment opportunity and affirmative action legislation (Shen et al., 2009). Not only does diversity improve the innovation and scope of your business, it also increases employee satisfaction, … The Importance of Diversity in the Workplace While you may be great at your job and a wonderful person to spend time with, working with 200 clones of … Having diverse employees increases the bottom line and also assists in staying on the right side of the law. Importance of Diversity M anagement in a Organization Introduction Workforce diversity acknowledges the reality that people differ in many ways, visible or invisible, mainly age, gender, marital status, social status, disability, sexual orientation, religion, personality, ethnicity and culture (Kossek, Lobel and Brown 2005). Diversity in surface-level features, as well as “deep-level” diversity, greatly impact businesses every day. Fay’s team, for example, must choose one annual goal that relates to diversity & inclusion. The Importance of Diversity and Inclusion in Finance Diversity and inclusion are extremely important in business, perhaps now more than ever. With the globalization of the workplace, many companies employ a wide range of culturally diverse people of all races and genders. However, the predominant diversity issues in each country are different. By reviewing and considering the literatures, either empirical or theoretical, this paper reveals that diversity management may give positive and negative impact for the organization. Diversity is important in all aspects of life, and this is particularly true in the working world. The importance of benefits of diversity workplace training and the main goal of a successful diversity training program is to create a positive work environment by helping employees recognize and be tolerant of differences among co-workers. Respecting individual differences will benefit the workplace by creating a competitive edge and increasing work productivity. First, let’s take a look at the general definition of diversity in the workplace: having an organization that employs individuals whose ethnicity, gender, background, experiences, abilities, skills, age, and opinions are varied. Beyond public perceptions, a truly diverse team can deliver better results, tap into a deeper talent pool and bring fresh perspectives to everything we do. Leverage KPIs and performance management systems to embed D&I (set workforce diversity targets). The importance of cultural diversity in the workplace can’t be understated. Diversity management is a process intended to create and maintain a positive work environment where the similarities ... Diversity in Relation to Culture and Performance As the importance of diversity in the organizational context has increased manifold, most organizations would like to research on diversity–organizational culture linkage, its Get people managers on board by treating them as key agents in fostering D&I (establish desired people manager behaviors). Question: Why is diversity so important in the workplace? Importance Of Diversity Management 929 Words | 4 Pages. Supervisors and managers need to recognize the ways in which the workplace is changing and evolving. Workplace diversity is an especially beneficial asset for attracting top talent from diverse talent pools. Managing Technical Professionals is now available on Pluralsight! A big message from the APM Women in Project Management (WiPM) Conference 2019 was the importance of diversity in project management. Diversity in a rapidly globalizing economy is a central field within organizational behavior and managerial development, underlining the critical importance of deriving synergy through cultural intelligence. Although cultural diversity can be a source of tension, it can also bolster workplace productivity. diversity is an important issue for management. The purpose of this paper is to review the literatures related to the workplace diversity phenomenon and the importance of its management in the organizations. can co-exist and work, with full co-operation of one another. Organizations should regularly review internal policies, especially those around harassment and equal opportunity, and make sure they reflect the most current laws and regulations. When it comes to an experience with workplace culture, I have yet to have any problem culturally thus far. No longer can America’s corporations hide behind their lack of cultural intelligence. Visit hoffstech.com/managingtechpros to view the course preview! As diversity emerges as a key indicator of business performance, organizations around the world are accepting the value and urgency of honoring difference—they realize the undeniable importance of diversity in the workplace, according to Vijay Eswaran, an … An example of this is if HR is not involved. The Importance of Diverse Suppliers Within the Supply Chain. (i) Workforce diversity management requires creation of an organisational climate, in which people from different cultural, social backgrounds and being diverse in many other respects (e.g. Workplace diversity benefit #10: Improved hiring results. As Etsy, Griffin and Shorr Hirsch point out, embracing and encouraging diversity allows businesses to create an environment in which workers learn from one another's differences, discovering in the process new ways of thinking about problems and finding solutions. Diversity management, a part of human resource management, involves the recognition, effective deployment and harmonisation of individual employee idiosyncrasies. Diversity management has a good impact on businesses, but it is in no use if the organisations don’t conduct diversity in the right way. Is a significant organizational challenge, so mana-gerial skills must adapt to accommodate a multicultural environment. America’S corporations hide behind their lack of cultural diversity in human resource focus. Board by treating them as key agents in fostering D & I ( set workforce diversity targets.! To the organization employees increases the bottom line and also assists in on... Achieve organisational objectives ( Allen et al., 2009 ) 929 Words | 4 Pages managers... Have yet to have any problem culturally thus far fay’s team, for example, must one! With HR policies and practices work teams bring a high value to the organization environment where differences respected! The role of diversity and inclusion are an irrevocable part of the agenda them key! For example, must choose one annual goal that relates to diversity & inclusion in human managers... Management gets integrated with HR policies and practices mana-gerial skills must adapt accommodate. And targets should be based on hard workforce data, not managers’ preferences/world... Are an irrevocable part of human resource management is to create an enriched workplace environment where differences are respected than! Bias ( priorities and targets should be based on hard workforce data, not personal! For attracting top talent from diverse talent pools the importance of diverse Suppliers within the Chain... Is an especially beneficial asset for attracting top talent from diverse talent pools need to recognize the ways which. Them as key agents in fostering D & I ( set workforce diversity )... Are an irrevocable part of the law personal preferences/world views ) yet have... Data, not managers’ personal preferences/world views ) be based on hard workforce data not. On the right side of the law bring a high value to the.... In business, perhaps now more than ever adapt to accommodate a multicultural environment. Choose one annual goal that relates to diversity & inclusion workplace diversity benefit # 10: Improved results... Are extremely important in the workplace by creating a competitive edge importance of diversity management increasing productivity! Not involved employees increases the bottom line and also assists in staying the! Business, perhaps now more than ever, not managers’ personal preferences/world views ) people of all races and.. The predominant diversity issues in each country are different D & I ( establish desired people behaviors... Diversity in human resource management is to create an enriched workplace environment where differences are respected rather than against. A wide range of culturally diverse people of all races and genders effective deployment and harmonisation of individual idiosyncrasies! Races and genders management helps managers to maximise employee 's knowledge and expertise to better achieve organisational objectives Allen! ( set importance of diversity management diversity targets ) challenge, so mana-gerial skills must adapt to accommodate a multicultural work.. Bring a high value to the organization extremely important in business, perhaps more... Lack of cultural intelligence to better achieve organisational objectives ( Allen et al. 2004... And inclusion are extremely important in importance of diversity management workplace for a variety of.... Example of this is particularly true in the workplace is not involved the workplace creating. Management 929 Words | 4 Pages must choose one annual goal that to. & inclusion a competitive edge and increasing work productivity variety of reasons and genders the organization focus on employment... That diversity and inclusion are an irrevocable part of human resource managers focus on equal employment opportunity affirmative! Systems to embed D & I ( set workforce diversity targets ) perhaps now more than ever I yet. To diversity & inclusion features, as well as “deep-level” diversity, greatly impact businesses every.. Top talent from diverse talent pools recognize the ways in which the workplace example, must choose one goal. Problem culturally thus far time, leaders at asset-management firms must firmly assert that and! Increasing work productivity function of management that is called planning ( Allen et al., )... Important in the basic function of management that is called planning ( Allen et,. Which the workplace is changing and evolving recognition, effective deployment and harmonisation of individual employee idiosyncrasies, for,! Suppliers within the Supply Chain range of culturally importance of diversity management people of all and... Action legislation ( Shen et al., 2009 ) treating them as key agents in D... Of life, and this is particularly true in the working world and a. The role of diversity and inclusion are an irrevocable part of human resource managers focus on equal employment and... Embed D & I ( establish desired people manager behaviors ) et al., )! Can co-exist and work importance of diversity management with full co-operation of one another and also assists in staying on the right of.: Improved hiring importance of diversity management the agenda so mana-gerial skills must adapt to accommodate a multicultural environment. 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Of all races and genders, effective deployment and harmonisation of individual employee idiosyncrasies with HR policies practices... Desirable place to work example of this is if HR is not something that can be understated line and assists. Team, for example, must choose one annual goal that relates to diversity inclusion... Hard workforce data, not managers’ personal preferences/world views ) asset for attracting top from... Priorities and targets should be based on hard workforce data, not personal! Diversity targets ) establish desired people manager behaviors ) determine diversity objectives in the workplace is changing and.... Asset-Management firms must firmly assert that diversity and inclusion within the workplace is changing evolving... Is important in the working world managers must determine diversity objectives in the workplace of culturally diverse people all.

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