Question

Managing diversity well provides a distinct advantage in an era when flexibility and creativity are keys to competitiveness. An organization needs to be flexible and adaptable to meet new customer needs. This week please locate an article and provide a summary on the organization's practice of “diversity” and if it does or does not enhance its global strategy. How could the organization better leverage its diversity practices to improve its global strategy?

Answer 1

By reading many business related articles about what makes the organisation unique and stand out from the crowd, the most trending and diversified concept all around the world is diversity and inclusion. Diversity means variety and inclusion means to include thus diversity and inclusion means to include the variety of resources in your organisation to make the process and the achievement of targets effective and efficient in temrs of both cost and time. Diversity helps to achieve the Global strategy for an organisation in various ways mentioned below:

1. Generation of new ideas: The most important need and factor which diversity helps to fulfill is the generation of new and strategic ideas of creativity and inmovation. Diversity helps to include from various cultures and backgrounds and thus more ideas and strategic techniques could be tapped while including different people in the organisation

2. Motivation: Diversity and inclusion also helps in improving motivation, leadership and influential factors in the organisation. By including more people in the decision making process, people feel empowered and motivated and thus would make the best decision and learn the best ideas that would help the firm to make the resources grow and develop to their utmost for the achievement of global goals.

3. Healthy Organisation Culture: At last, by including people from various backgrounds, not only the organisational culture would be healthy and happy but the organisation's goodwill in the external environment would also increase. Goodwill will promote the company strategically and thus make a good image in the global markets as well.