Importance of Diversity Management

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“Rapid internationalization and globalization has enhanced the significance of workforce diversity”. (Shen, 2009) There is now a growing need for diversity management and interlacing cultural differences into the company’s core values. Within the last couple of decades human resource management has tied in diversity management with compliance to the EEOC and affirmative action. Going forward into the future, companies need to start looking at diversity in the workplace as an individual focus to utilize. “Less attention has been paid to valuing, developing and making use of diversity”. (Shen, 2009) The marketplace is changing rapidly, for a company to be successful the demographics in the work setting must be similar. “Diversity management does not only recognize but also values and harnesses workforce differences, such as individual characteristics, backgrounds, orientations, and religious beliefs, so that individual talents are being fully utilized and organizational goals are met”. (Shen, 2009) Not only are there benefits for external stakeholders to see a company’s diversity management successful, internally having different viewpoints and cultural backgrounds help bring new perspectives to problem solving. A study found that “a diverse workforce has a better quality solution to brainstorming tasks, displays more cooperative behavior relative to homogenous groups, and can raise organizational efficiency, effectiveness and profitability.” (Shen, 2009) Human resources’ role in diversity management is finding a way to implement a strategy to incorporate diversity into a corporation’s day-to-day activity. “Both HRM and diversity management are concerned with individual differences the development and well being of each and every ... ... middle of paper ... ...m-Line: The Metaphor Of "Managing Diversity." Journal Of Business Communication 40.1 (2003): 28-49. Business Source Premier. Web. 26 Nov. 2013. 5.) Diversity Identity Management: An Organizational View Cole, Brooklyn, and Manjula Salimath. "Diversity Identity Management: An Organizational Perspective." Journal Of Business Ethics 116.1 (2013): 151-161. Business Source Premier. Web. 26 Nov. 2013. 6.) Managing cultural diversity and the process of knowledge sharing Lauring, Jakob. "Managing Cultural Diversity And The Process Of Knowledge Sharing: A Case From Denmark." Scandinavian Journal Of Management 25.4 (2009): 385-394. Business Source Premier. Web. 26 Nov. 2013. 7.) Workplace Diversity Practices "Workplace Diversity Practice." SHRM. SHRM, 11 Oct. 2010. Web. 26 Nov. 2013. .

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