In: Economics
HRM20016 DYNAMICS OF DIVERSITY IN ORganization Question-How Grab Company in Singapore utilizes Diversity Management and Business Cases and Moral Cases ?(350 words )
Diversity management and inclusion in global organisation as the business has the transformative power to change and contribute to a more open diverse and inclusive society. We can only accomplish this by starting from within our organization. Many of us know intutively that diversity is good for business. The case for establishing a truly diverse workforce at all organisational level grows more compelling each year . The moral argument is weighty enough but the financial effect is as proven by multiple studies makes this a non brainer .
The coming together of people of different ethnicity with different experience in cities and societies is a key driver of innovation. The food that we eat everyday is a result of this blending of cultures.
There is substantial research to show that diversity brings many advantages to an organisation increased profitability and creativity stronger governence and better problem solving abilities.
Employee with diverse backgrounds brings to own their perspectives ideas and experience helping to create organisation that are resilient and effective and which outperform that organization that do not invest in diversity