The Tangible Benefits of Diversity And Inclusion
In the modern community and business landscape, building a workforce based on diversity is a major success factor. Not just organizations but nations which seek and embrace diversity enjoy numerous advantages. Comprising of a heterogeneous force, it is important to realize and celebrate how diversity and inclusion of different races/genders can help any entity flourish.
Being Socially Responsible And Serving The Community
As per the US Census Bureau, the public is growing in terms of gender, ethnicities, people with disabilities, and immigrants each year. At the moment, there are 54 million men, women, and children with disabilities in the population but only one-third of working-age disabled
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When we consider the history, we have seen that the most creative periods on civilizations were when people from different backgrounds worked together. We saw amazing creations and amalgamations when West met the East and how multiple resources were used in collaboration to provide fruitful results.
Different perspectives, solutions, and ideas come together to produce innovative products and services. The status quo and nepotism in the society are challenged and people are given more freedom and comfort to live in the community.
Significant Return On Investment
The quality of the work of any agency and organization is improved when diversity is promoted. Inclusion of different communities, genders, and races proves to be a catalyst for an improved return on investment. Usually, any organization can benefit by investing on its human capital in the form of benefits and salaries. The productivity and efficiency can be maximized by introducing diversity and inclusion. Austin and other cities have training programs which promote the importance and incorporation of these values in multiple sector for the betterment of the entire
Cañas, K. A., & Sondak, H. (2014). Opportunities and challenges of workplace diversity: Theory, cases, and exercises (3rd ed.). Upper Saddle River, NJ: Pearson.
Gender, racial, and ethnic diversity means different things to different people. Some believe that diversity is about quotas, and affirmative action. Others believe that diversity is something that will happen on its own with out intervention. Some experts who study diversity, however, believe that diversity is not something that should be left up to chance. It is important, therefore, for organizations to take action to encourage and foster diversity in the workplace (Clarke, 1995, p. 13).
In this assignment I will be talking about the seven benefits of diversity. I will also be giving the definitions of equality, diversity and rights and the concept to them in relation to health and social care.
Being successful at managing workforce diversity involves attracting and retaining the highest quality individuals in the talent pool. For managers it means learning how to manage human potential sensitively. It requires an ever-increasing awareness of how people from different backgrounds deal with authority, communication, overall business etiquette, and relate to their communities of affiliation. Successful management of workforce diversity is a process that takes place in many stages and on many levels. It requires managers to first recruit a competent and qualified staff, then to accommodate individual needs within the context of the work team and the organization.
Within an organization, diversity is considered a having a population of people that are of different races or cultures working collectively. From this collection of people, a variance of perspective is formed and talent is fostered in order to maximize performance. These great minds work
According to a survey conducted by the Center for Disease Control, 22.2% of the United States population reported having some sort of disability (2013). While the Americans with Disabilities Act (1990), acts to prevent the discrimination of people with physical and mental disabilities, it has been unsuccessful in erasing it all together. Almost a quarter of the US population is disabled, meaning that almost a quarter of the population face some form of inequality due to their physical
According to researchers Frances Maher and Mary Kay Tetreault, “Privilege, in its root meaning, pertains to a law--in this case often silent and unseen--that works for or against individuals and groups” (2009). In other words, although privilege is not an object, it is real. Privilege has been demonstrated in various forms of inequality and prejudice all throughout the United States’ history. From not allowing all races to become citizens of the U.S. prior to the Fourteenth Amendment to controlling who got to vote, privilege continues to impact societies. Currently, racial privilege has had a large effect on young adults, such as those in the workforce. Here, privilege negatively affects young people by limiting their hiring opportunities,
Having diversity in the workplace allows for greater growth within a company due to the different opinions and perspectives of people from all walks of life. To remain competitive, many companies are being advised to recruit, develop and retain men and women of all different backgrounds, ages and races (Cox and Blake, 1991). By doing this and also accommodating the needs of their demographically diverse workforce, companies will become much more appealing places to work therefore reducing turnover and absentee
Now more than ever a company needs to be diverse in their leadership and throughout the entire company. Moreover, to reach this extraordinarily diverse market, it takes an extremely diverse workforce that is able to tap into to their various differences to understand exactly what a diverse customer base needs and wants, which provides greater innovation in productivity. Furthermore, research has proven that for every 1 percent rise in gender diversity there is an increase in sales of 3% and in for each 1 percent increase in ethnic diversity there is a 9% rise in sales, this can equate large revenues for the firm that reaps the rewards of having a diverse staff (Smedley, 2014).
Business Firms and organization need to apply workforce diversity in their management. Diversity at the workplace is simply understood as the variation of skills, experience and ideas among employees. This can arise due to differences in various aspects like race, gender, religion and physical attributes. In addition to these, other discrepancies include national origin, medical conditions and so many more (Subbarao 98). Diversity among the workers is an important tool that often leads to prosperity in an organization hence the need for maximum application of this important business virtue.
Businesses that promote diversity in today's global marketplace are better able to attract and retain the best talent. Employing a diverse workforce allows a company to utilize the potential within the job market to its fullest and contributes to overall economic growth and prosperity. Differences among co-workers should not divide a workplace. Rather, differences among co-workers should be used to foster creativity and innovation, thereby driving profitability and business success.
Diversity in the workplace is important for employees because it manifests itself in building a great reputation for the company, leading to increased profitability and opportunities for workers. Making sure all members, students, parents and guarding’s are welcomed at all times in a well-mannered environment Workplace diversity is important within the organization as well as outside ensuring all different are put aside and everyone can come together and work well as a great team.
In most cases our modern world we live and work together and play off each others strengths and weaknesses to reach heights of success that aren’t possible on our own. We
The researcher believes, in this fast-changing era, any kind of company or organization should be able to improve the quality of workplace diversity by having some important main factor to boost the new paradigm of a diverse workplace, such as:
The importance of diversity in the workplace that it can aid in a competitive framework