Simply put, diversity makes good business sense the increasingly diverse workforce and globalization of business, encourages companies to focus on hiring diverse employees and establishing work-based inclusion programs. Why does the effective management of diversity make good business sense learners’ dictionary, “diversity refers to variety in the field of concern however, leopold, j et al (2005) refers to managing diversity as a belief that all individual differences should be valued and recognized.
Contemporary management (7th edition) view more editions solutions for chapter 5 problem 4cnqd problem 4cnqd: why does the effective management of diversity make good business sense.
Business decision most of the recent discussion and debate about gender diversity has focused on the feel-good factors the arguments have centered on why ensuring gender equality is the right thing to do and while those are credible reasons, companies should look at this from a business perspective as well. Ch 12 quiz study guide by xerosense includes 30 questions covering vocabulary, terms and more diversity helps companies attract and recruit talented employees which of the following statements explains why diversity actually makes good business sense ____ is a formal assessment that measures employee and management attitudes. Meanwhile l'oréal canada, the montreal manufacturer of cosmetics and personal care products, provides diversity training programs to all employees for more information on equality in the workplace, you can surf the labour program of human resources development canada.
Our latest report, diversity matters, examined proprietary data sets for 366 public companies across a range of industries in canada, latin america, the united kingdom, and the united states in this research, we looked at metrics such as financial results and the composition of top management and boards 1 1.
Managing diversity effectively makes good business sense what a diversity of employees provides o a variety of points of view and approaches to problems and opportunities can improve managerial decision making o diverse employees can provide a wider range of creative ideas o diverse employees are more attuned to the needs of diverse customers.
Diversity makes good business sense author: magda yrizarry is verizon's chief talent and diversity officer she is responsible for the development and implementation of verizon's global diversity, recruitment, executive development and succession planning strategies. Delivering through diversity - new in 2018 our latest research analyzes more data from more companies than ever before three years on, does the link between company financial performance and ethnic, cultural, and gender diversity stand up to greater scrutiny learn the answer and how leading companies are creating inclusion strategies that work.