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These aspects include the attraction selection training assessment and reward of employees.
Why diversity management is important in organization. Human Resources HR is often in charge of managing many aspects of diversity in organizations. Supporting diversity in the workplace starts with collaborative team-based thinkinga mindset Morales has refined through 12 years of consulting with organizations on diversity and recruitment strategies. Importance of Diversity Management 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.
Managing diversity is about focusing on talent. No longer can Americas corporations hide behind their lack of cultural intelligence. The Importance of Diversity Management In The Workplace.
They found that organizations that exhibit gender and ethnic diversity are respectively 15 and 35 more likely to outperform less diverse organizations. Why diversity is important in organisations. As companies compete to hire the brightest and best talent it is important to realize that a lot of that talent will increasingly come from diverse communities and global growth markets.
It strengthens employees trust in the companys management and increases. Since managing diversity still remains a. With this in mind the question of how to integrate these concepts into the organizations culture is the primary concern for management.
Organizations need to become more diversified to remain competitive. Cultural diversity is very popular in western countries such as the USA Canada Australia New ZealandNew immigrants move into these countries every day and become part of the community. A study by McKinsey Company and The Society for Human Research Management SHRM evaluated the performance of organizations with different levels of workplace diversity.
According to McKinseys research ethnically-diverse companies are 36 more likely to outperform their peers and gender-diverse companies are 25 more likely to do the same. A major benefit of diversity training in an organization is that it allows the free flow of suggestions ideas and opinions from workers at any level in the business hierarchy. A diverse workplace can better align an organizations culture with the demographic make-up of America.
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