Preview

Organizational Diversity in a Changing Global Environment

Good Essays
Open Document
Open Document
360 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Organizational Diversity in a Changing Global Environment
In order to survive in a dynamically-evolving global environment, an organization has to possess two key qualities: flexibility and social responsibility. Flexible companies are able to fulfill one of the most important commitments of a successful business - responding in a timely and effective manner to capricious customers’ needs. In addition, an organization’s flexibility translates into the ability to navigate through the complexities of different state regulations and successfully manage the diversity of an ever-changing global environment.
We can see some great examples of the innovation process directly from the business world. For instance, BMW sets up a benchmark of participative decision-making and the free flow of ideas in the organization. BMW’s famous Research and Innovation Center, where all employees from different departments gather together to develop new cars, is a state-of-art open floor research powerhouse designed to provoke effective brainstorming sessions, speed up communication and nurture new ideas.

Organizational diversity plays an important role in achieving flexibility. companies have already realized that international employees are no longer required only to comply with governmental diversity requirements. Companies with a diverse multinational staff achieve a competitive edge by taking advantage of their employees’ language skills, distinct perspectives, and unique sets of skills. For the very same reasons, diversity stimulates innovation and highlights a company’s social responsibility and image.

Advances in technology, better consumer education, and increasing competition between companies continue to force global organizations to become more socially responsible. Today’s generation of consumers demands only the products of the highest quality. At the same time, our society is becoming more conscious of organizations that engage in unethical behavior in order to raise their profits. The public quickly stirs away from the

You May Also Find These Documents Helpful

  • Good Essays

    Diversity is a key factor in today 's successful business companies where growth surpasses geographical location and embraces methods like outsourcing, international alliances and presence in foreign countries. Globalism enhances the recognition of diversity and forces even firms that have homogeneous…

    • 893 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Diversity in the workplace

    • 1388 Words
    • 6 Pages

    Every day the global workforce is growing and for many years there has been big issues within the workplace. One of those big issues being diversity. Every employee has something very unique to bring to the company. The ideal company will have the best team players with great work ethic. In most cases a successful company holds employees that have different views which come in handy for big business decisions. In a growing global workforce, some of these differences cause barriers which can affect the company.…

    • 1388 Words
    • 6 Pages
    Better Essays
  • Better Essays

    The concept of diversity has broadened in scope in the recent past, evolving from the concept of mandated quotas and affirmative action, to the reality of a diverse workforce being capable of providing quantifiable business value. A variety of external factors have influenced the conceptual evolution of diversity within the workplace. For example, globalization of markets has provided the concept of diversity with an opportunity to demonstrate a clear competitive advantage. A native understanding of the cultural values, norms and business practices of a foreign market can give an organization a clear advantage over their competition. Another area where diversity offers advantages is in the area of innovation. It can be argued that "a multi-cultural workforce translates into a richer variety of approaches to work-related problems and processes. Such approaches, in turn, are conducive to innovation that raises business performance" (Rajan & Harris, 2003).…

    • 1275 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Diversity In The Workplace

    • 1117 Words
    • 5 Pages

    Globalization taking place in the business world today has led to increased workforce diversity as employees from different cultural backgrounds are brought together. Diversity in workplace encompasses respect and acceptance of the differences in the work place creating a positive and safe environment. Diversity entails the way employees perceive themselves and others affecting the way they interact with others in a working environment. Therefore, in order organizations to realize the benefits of the diversity in their organizations, the human resource managers need to effectively deal with diversity issues in the work place (Rosenwald, Mitchell, et al. 148). Organizations have to recognize the benefits of diversity and…

    • 1117 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    NVQ4

    • 3406 Words
    • 12 Pages

    An organisation with a diverse workforce can offer a wide range of resources, skills, ideas and energy to a business, providing a competitive edge. Organisations who embrace diversity will reap the benefits of employing staff from a wider pool of talent by being able to improve productivity and raise their profile in the community.…

    • 3406 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    In today’s global marketplace, managers are told that diversity should be valued in order to achieve the…

    • 641 Words
    • 3 Pages
    Good Essays
  • Good Essays

    It is important for managers to be educated on diversity, and have an understanding of the differences in their workforce’s population, because it will improve performance potential and increase employee satisfaction. There are numerous benefits to valuing diversity. With each unique combination of gender, ethnic background, culture, and life experiences, each person brings a different set of strengths, skill sets, and approaches to problems. According to Bell, (2007) , “Valuing diversity can benefit organizations in the areas of cost, resource acquisition, marketing, creativity, problem solving, and system flexibility”. An employee’s satisfaction is much higher when they feel accepted and valued for their unique qualities.…

    • 1059 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Value of Diversity Paper

    • 1220 Words
    • 5 Pages

    In companies or corporations the global landscape now reflects diversity in the employees found in the workplace. Employees come from different backgrounds, geographic or global areas, ethnic and cultural origins, and have unique skills and talents. Individuals must work together and merge skills and manage diversity effectively in the workplace. Our thoughts, actions, and very beliefs are shaped by our culture. These things are ingrained and remain unshakeable until, faced with someone who is of another faith or belief system with a different way of doing things than individuals are familiar with. Cultural diversity is to be embraced, studied, and applied, if an organization is to succeed with stated goals. In the workplace, diversity must be established or the organization can find forward progress at achieving stated goals barred.…

    • 1220 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    The changing US demographics, increasing globalization of business and pursuit of effective competition make it imperative for companies to implement programs for diversity training. The ability of organizations to manage a diverse workforce will be a major determinant of their continued survival and success in becoming world class corporations (Miller, 1994, para 1).…

    • 1832 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    In today’s rapid changing global market many organization pays a greater attention to cultural diversity and it has also become an essential business concern too. Workforce diversity refers to the differences between individuals which include, national, origin, religion, language, age, color and even the skills and the attitudes people posses within themselves. As we know people are different in all kind of aspects, both visible and non visible. Therefore, cultural diversity is a complex phenomenon to manage and it is not that easy to control people within an organization. So, there are lots of challenges that organizations face because of cultural diversity. However, these cultural differences when utilized well contributes a large number of benefits to the organization leading to more productivity, increasing competitive position, improving customer service, valuing diversity within employees and broadening of commercial image of the company.…

    • 990 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The United States has moved to participate within the global market economy and must prepare its new workforce for this change. Global diversity refers to the ability to handle challenges that arise when employees from different countries work together. Primary catalyst causing workplace diversity is the demographic shift of US population and therefore the US workforce. Demographic studies show that the composition of the population is more diverse than ever. The diversification of the American workforce is already present in the workplace. Today’s economy and a nationwide shortage of skilled workers challenge the organizations ability to recruit and retain a high quality and diverse workforce.…

    • 226 Words
    • 1 Page
    Good Essays
  • Good Essays

    Global and cultural diversity are the biggest and most important challenges that organizations face in nowadays. The diversity of the workforce means that organizations are becoming more heterogeneous in terms of age, gender, sexual orientation, nationality, religion, ethnic origin, for health, occupation, etc. Diversity is an advantage in this global world, and it cannot be considered as a disadvantage in obtaining opportunities (McGuire & Mammed, 2010).…

    • 796 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Organizations employing a diverse workforce can supply a greater variety of solutions to problems in service, sourcing, and allocation of resources. Employees from diverse backgrounds bring individual talents and experiences in suggesting ideas that are flexible in adapting to fluctuating markets and customer demands (Greenberg, 2004). This is key in developing new innovations for multicultural market of the business. As the market gets more and more diverse, a diverse…

    • 1028 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Organizations have many opportunities of developing a competitive advantage over their competitors. Nevertheless, this has to be sustained over time and to enable them to profit from this advantage over the long term. The focus of this paper is one of the aspects which, according to recent literature, can contribute to building a competitive advantage, namely diversity. The most important factor in determining the nature of the impact of diversity on performance is organizational context.…

    • 1812 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Diversity And Diversity

    • 616 Words
    • 3 Pages

    Diversity can foster opportunity and excellence for an organization by increasing workplace creativity, broadening the range of knowledge and skill, improved decision making because of varied perspectives, and improved service delivery to a diverse customer base (Manning & Curtis, 2012). Many organizations have realized the importance of diversity and are now focused on educating and promoting it within the ranks of their employees. Diversity is no longer just a buzzword, a marketing strategy or a nice, fluffy, feel good policy; it has become a primary focus because they have realized that it is tied to the competitive advantage and success of the organization, which makes it an economic…

    • 616 Words
    • 3 Pages
    Good Essays