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

Cultural diversity, (a) Cultural diversity have to be preserved and promote...

(a) Cultural diversity have to be preserved and promoted, as the lack of knowledge, appreciation and understanding of other cultures often cause conflict and hate between people. S

Autocratic leadership, Autocratic leadership: The autocratic leadershi...

Autocratic leadership: The autocratic leadership styles authorize nurse manager to make verdict unaccompanied with no participation of others. Managers own entire ability and

Office management, identify and explain the major problems in the case

identify and explain the major problems in the case

Methods of communication within public sector organizations, Question 1: ...

Question 1: Briefly explain TWO advantages and TWO disadvantages of each of the following methods of communication within public sector organizations: a) Full staff meeting

Business plan, We will make our business plan by considering all aspects of...

We will make our business plan by considering all aspects of business, from finance to entrepreneurial abilities, from human resource management to production and from marketing to

principles of writing especially business writing , What are the general p...

What are the general principles of writing especially business writing

JOB ANALYSIS, CONDUCT A JOB ANALYSIS FOR NEW MANAGER

CONDUCT A JOB ANALYSIS FOR NEW MANAGER

Important provisions for employee employment of young person, What are the ...

What are the important provisions for employee employment of young person? The provisions for employment of young person are as below: a. Prohibition of employ of young chil

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