Question

In: Operations Management

why do companies implement diversity manangment strategies

why do companies implement diversity manangment strategies

Solutions

Expert Solution

Diversity Management Strategies

This is an organizational strategy that has the main focus to improve the organization's performance by directly improving the performance of the employees working in the organization. We know that employees are a valuable asset for the organizations and their performance may be bad or good directly affects the performance of the organization in the market and to ensure that organization productivity and quality maintain at the best the organization tries to improve its employee's performance.

Now let us discuss the importance of implementing diversity management strategies within the organizations.

  • When the organization implements diversity management strategies the employees to a high level of skills and knowledge through which they can learn new skills and improve and polish their existing skills and knowledge directly improves the performance of the employees at the organizational level.
  • This also motivates the employees to interact with professionals from different ethical and cultural backgrounds and that really opens the huge data to assessing and identifying several different situations that can arise and how they can handle in multiple ways to ensure the maximum benefit.
  • As the organizations will be having a skilled and professional staff they will deliver quality products and services to the customers and this will help the organization to build a strong foundation in the market that will help in achieving the organizational goals and objectives easily and effectively.

Related Solutions

Diversity Training Do you believe diversity training isimportant? Explain why or why not. Share examples from...
Diversity Training Do you believe diversity training isimportant? Explain why or why not. Share examples from your work experience, if applicable. At least 250-300 words
Which of the following generic strategies is the most difficult to implement and why? Cite concrete...
Which of the following generic strategies is the most difficult to implement and why? Cite concrete examples. Overall low-cost provider strategy; broad differentiation strategy; focused low-cost strategy; focused differentiation strategy; best-cost provider strategy
III. Describe investment diversity. What is meant by diversity? How is diversity considered across companies and...
III. Describe investment diversity. What is meant by diversity? How is diversity considered across companies and how is this considered in terms of sectors of our economy
Why are companies that implement the principles of conscious capitalism viewed as more ethical than their...
Why are companies that implement the principles of conscious capitalism viewed as more ethical than their competitors?
what are some examples of companies that have employed localization strategies successfully and why?
what are some examples of companies that have employed localization strategies successfully and why?
What are 10 of the recruitment strategies used by U.S. companies? Why are open and public...
What are 10 of the recruitment strategies used by U.S. companies? Why are open and public advertisements seen as the most effective recruitment strategies? Why would such strategies not work in more collectivist cultures?
How do you think an organization determines that it's time to implement new strategies and methods...
How do you think an organization determines that it's time to implement new strategies and methods such as Six Sigma?
What are the implications of diversity on the future and how will you implement them in...
What are the implications of diversity on the future and how will you implement them in today's world?
Are public companies required to pay out dividends? Why do they? What companies do not typically...
Are public companies required to pay out dividends? Why do they? What companies do not typically pay out dividends and why? What types of investors are attracted to these companies. Are there certain market sectors where companies tend to pay higher dividends? Why?
Are public companies required to pay out dividends? Why do they? What companies do not typically...
Are public companies required to pay out dividends? Why do they? What companies do not typically pay out dividends and why? What types of investors are attracted to these companies? Are there certain market sectors where companies tend to pay higher dividends? Why?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT