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

Short-term financing, Discuss the three approaches to short-term financing ...

Discuss the three approaches to short-term financing with relevant examples

Digital divide, 1. Define the digital divide and suggest ways to close it. ...

1. Define the digital divide and suggest ways to close it. 2. Do you consider that the Australian government has achieved the right balance between encouraging Internet adoption o

Discuss the evolution of personnel management, Problem 1: (a) Discuss ...

Problem 1: (a) Discuss the evolution of Personnel Management. (b) Describe the paradoxes of the Personnel Management function. (c) Give six main differences between Pe

Use of an online transaction processing, Compare and contrast the use of an...

Compare and contrast the use of an OLTP (Online Transaction Processing) and an OLAP (Online Analytical Processing) system in an enterprise. Provide examples to illustrate the dif

Caselet, What should Mr. Sharma have done to avoid the misunderstanding?

What should Mr. Sharma have done to avoid the misunderstanding?

Management skills, Management skills: Q. A few organizations have rece...

Management skills: Q. A few organizations have recently tried to minimize employee use of email when communicating with colleagues. Specifically, these companies have banned t

Create a business plan, - This is a project in which you have to create a b...

- This is a project in which you have to create a business plan. The aim for the creation and development of a business plan is to ensure that all critical parts of a new company o

How is advertising affected in marketing management, How is advertising aff...

How is advertising affected in marketing management? Advertising: This is a commercial message to the public, implementation to inform potential and established consumers

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