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In: Economics

What are the benefits associated with a diverse workforce? How does a company achieve maximum diversity...

What are the benefits associated with a diverse workforce? How does a company achieve maximum diversity within its workforce?

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Expert Solution

This being a period of economic globalization, different companies are striving hard to have workforce diversity which means to employ people from diverse background.Employing people from diverse background has many advantages ,like it increases productivity and creativity as diverse ideas are suggested as a result of brain storming by diverse people,increases the morale of the employees and that leads to work efficiency, companies that work in the global market gain from the different language skill brought about by workforce diversity,job seekers are attracted more towards companies with diversity as they feel there will be less discrimination of race,gender,etc.

It is possible to achieve workplace diversity regardless of the nature of the business,size of the business or its budget.Diversity should not be restricted to top management in business,rather it should be there in every level in business.Every employee should have open attitude and should create and try to promote diverse environment in business so that the business can gain from creativity and innovation. The best way to achieve a diverse workforce is to create small teams and get new employees involved in the culture of the company . It is important to discuss the progress and growth of the firm with the employees.In order to develop relationship among employees and also to develop their skills , it is necessary to make development and learning programs. It is also necessary to build friendship by social involvements.Seeking the consent and reference of employees while hiring new talent also help.In order to make employees more aware of diverse workplace provide training in diversity and show how each and every employee can contribute in making the company successful.So the strategies mentioned will help in achieving maximum diversity in workforce.


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