Essay on The Benefits of Diversity - 2250 Words

Organization Behavior The Benefits of Diversity Affirmative action has been the center of many heated debates for decades now. Affirmative action policies are used in the United States to give advantages to racial minorities in areas of education, employment, health care, or government funding. These minorities are underrepresented groups in society, especially when defined by race, ethnicity, or gender. Until the mid-1960s, legal barriers prevented blacks and other racial minorities in the United States from entering many jobs and educational institutions. Although women were rarely legally barred from jobs or education, many universities would not admit them and many employers would not hire them. The Civil Rights Act of†¦show more content†¦In todays global market, diversity is a must. Traditional barriers are being broken down, and for many companies cross border trade is essential for the companys success and growth. A decade ago Japan, Europe and North America were responsible for over 80% of global commerce , but new markets are opening up throughout the world and these have brought increased opportunity and also competition (Murray). In addition, rapid developments in technology such as the Internet have made new markets accessible to even the smallest of companies. The growing markets of Latin America, Asia and Central and Eastern Europe are now playing an ever more important role in global buying, selling and manufacturing. Diversity within a company can help the firm better understand the culture, customs, and the way of doing business internationally. Customers also prefer to do business with a workforce that which they can identify, and that have a strong commitment to their community. A company is also encouraged to adopt diversity programs to stay out of legal trouble. Many companies are under legislative mandates to be non-discriminatory in their employment practices. Non-compliance with Equal Employment Opportunity or Affirmative Action legislation can result in fines and/or loss of contracts with government agencies (Diversity Guidelines). InShow MoreRelatedBenefits Of Organizational Diversity And Diversity Essay1402 Words   |  6 PagesOrganizational diversity is defined as the variety of differences amongst the people in a workplace with regard to background, education, organizational function, cognitive style, personality, age, tenure, ethnic group, gender, and race. It involves the perception people hold upon themselves and their work colleagues. Therefore, the most successful organizations tend to spend their resources on diversity management. Benefits of Organizational Diversity. The benefits of organizational diversity include aRead MoreBenefits Of Diversity And Inclusion1657 Words   |  7 PagesIntroduction Diversity and inclusion are hot topics in today’s business world. 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What are the challenges for leaders managing the workplace? 4. What are the benefits of the younger and older generation in the workplace? Literature Review Outline I. Need for This Research A. Diversity in the workplaceRead MoreBenefits and Cost of Valuing Diversity Essay629 Words   |  3 PagesIntroduction Diversity has many meanings. Within the workplace, it can include differences in variables such as gender, age, marital status, religious belief, work experience, ethnicity, and educational background. In today’s global marketplace, managers are told that diversity should be valued in order to achieve the greatest competitive advantage, improve business performance and to enhance the progress and growth of the company. Diversity does not only have benefits. It also has disadvantagesRead MoreChallenge And Benefit Of Diversity For Leaders And Organizations1840 Words   |  8 PagesChallenge and Benefit of Diversity for Leaders and Organizations In America, many immigrants do not lose their culture identify like language, religions, and foods. People can identify other people who is Korean-American, Mexican-American, and Italian-American. It shows that many different cultures of people who live in United States, combine like a salad bowl. â€Å"Diversity describes race, gender, age, and other individual differences.† (Schermerhorn, 2013) Diversity is not only involves how peopleRead MoreEducational Benefits of Increasing Diversity on College Campuses1308 Words   |  6 Pagesinterest of diversity is a compelling one. However, both cases only touched the surface of studies on the benefits of such diversity in the college campus. 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Most importantly, it has been seen that various members from a number of ethnic minorities do not support the activitiesRead MoreSocial and Ethical Values of Teamwork and Diversity: the Benefits of Diverse Teams1263 Words   |  6 PagesTeamwork and Diversity: The Benefits of Diverse Teams Organizational development between diverse teams gives the MNC the opportunity to enter new markets and develop new products, in ways that they would not have been able to if they did not have a diverse, multicultural perspective. The benefits to individuals and society are profound. There are ethical implications for being a good corporate sponsor: by this I mean that there is a potential for a win-win situation that benefits both parties