Writing an essay in management needs an extensive research as it involves many issues and is subject to changes every time. Here is an example of a custom essay on workforce diversity.
With the advent of digital economy one of the greatest challenges facing the organizations is the increasing diversity of workforce. It has become an essential business concern. There is a talent war raging among companies to retain their best talent in a bid to retain their competitive advantage. Companies can ill afford to restrict their ability to attract and retain the very best employees available. The changing demographics in the workforce are quite significant.
Today's labor pool is dramatically different than in the past. It is no longer dominated by a single homogenous group. People now overwhelmingly represent the workforce pool from a vast array of backgrounds and life experiences. Competitive companies cannot allow discriminatory preferences and practices to impede them from attracting the best available talent. It has become now a resource imperative for companies to have a diversified pool of talent. Workforce diversity should be treated as a business initiative and not a human resource or personnel department function.
There is a strong business case for diversity in the workplace. The 21st century enterprises have a felt need to value, and leverage diversity. It is top agenda item for successful CEOs. It is commonly accepted business reality that heterogeneous groups outperform homogenous groups. Heterogeneous groups are better at problem solving, effective at decision making, and they are particularly well equipped in generating creative ideas. The advantage comes from the fact that the diversity of the workforce background itself imparts a fertile launch pad for creativity to work at its best. Two brains are better than one is a truism aptly applicable to business situations.
Diversity management and change management go hand in hand. They mutually support each other. Organizations that adapt themselves to change are more likely to be comfortable with managing diversity better. Likewise, organizations are comfortable with diversity and are more likely to be able to anticipate and adapt to changes in the globalized business environment. They will be nimble footed to react instantaneously to the situational demands. Organizations comfortable with change are inherently stronger as change entails boundary breaking and an ability to cope with complexity, contradictions, and paradoxes. The role of leadership is important in managing workplace diversity.
Office technology has felt the revolutionary nature of change the most. The technological sophistication is a natural enabler to the manage diversity in a planned and systematic manner. Technology offers a level playing field to each individual regardless of gender, race, age, and so on. It is a great equalizer. It eliminates the human bias.
As a marketing strategy in today's global economy it makes eminent sense to make the workforce represented by people from all walks of life covering a broad spectrum like different ethnicities, races, ages, abilities, genders. To ensure that their products and services are designed to appeal to this diverse customer base, aggressive companies are hiring people, from those walks of life for their specialized insights and knowledge.
To stay competitive the workforce diversity helps the companies as a capacity-building strategy. They need to sprint in order to stay where they are. The dynamics of change is no more evolutionary in nature rather it is revolutionary. Companies that prosper have the capacity to decisively solve problems, quickly adapt to new situations, readily identify new opportunities and capitalize on them instantaneously. Whatever may be reasons that prompt companies, it is an obvious fact that companies that diversify their workforces will have a distinct advantage over those that don't. The huge benefits of workforce diversity will be experienced, not by the companies that have learned to employ people in spite of their differences, but by the companies that have learned to employ people because of them.
The author is an expert in custom essay writing service in the field of human resource management.
Essay Writing
With the advent of digital economy one of the greatest challenges facing the organizations is the increasing diversity of workforce. It has become an essential business concern. There is a talent war raging among companies to retain their best talent in a bid to retain their competitive advantage. Companies can ill afford to restrict their ability to attract and retain the very best employees available. The changing demographics in the workforce are quite significant.
Today's labor pool is dramatically different than in the past. It is no longer dominated by a single homogenous group. People now overwhelmingly represent the workforce pool from a vast array of backgrounds and life experiences. Competitive companies cannot allow discriminatory preferences and practices to impede them from attracting the best available talent. It has become now a resource imperative for companies to have a diversified pool of talent. Workforce diversity should be treated as a business initiative and not a human resource or personnel department function.
There is a strong business case for diversity in the workplace. The 21st century enterprises have a felt need to value, and leverage diversity. It is top agenda item for successful CEOs. It is commonly accepted business reality that heterogeneous groups outperform homogenous groups. Heterogeneous groups are better at problem solving, effective at decision making, and they are particularly well equipped in generating creative ideas. The advantage comes from the fact that the diversity of the workforce background itself imparts a fertile launch pad for creativity to work at its best. Two brains are better than one is a truism aptly applicable to business situations.
Diversity management and change management go hand in hand. They mutually support each other. Organizations that adapt themselves to change are more likely to be comfortable with managing diversity better. Likewise, organizations are comfortable with diversity and are more likely to be able to anticipate and adapt to changes in the globalized business environment. They will be nimble footed to react instantaneously to the situational demands. Organizations comfortable with change are inherently stronger as change entails boundary breaking and an ability to cope with complexity, contradictions, and paradoxes. The role of leadership is important in managing workplace diversity.
Office technology has felt the revolutionary nature of change the most. The technological sophistication is a natural enabler to the manage diversity in a planned and systematic manner. Technology offers a level playing field to each individual regardless of gender, race, age, and so on. It is a great equalizer. It eliminates the human bias.
As a marketing strategy in today's global economy it makes eminent sense to make the workforce represented by people from all walks of life covering a broad spectrum like different ethnicities, races, ages, abilities, genders. To ensure that their products and services are designed to appeal to this diverse customer base, aggressive companies are hiring people, from those walks of life for their specialized insights and knowledge.
To stay competitive the workforce diversity helps the companies as a capacity-building strategy. They need to sprint in order to stay where they are. The dynamics of change is no more evolutionary in nature rather it is revolutionary. Companies that prosper have the capacity to decisively solve problems, quickly adapt to new situations, readily identify new opportunities and capitalize on them instantaneously. Whatever may be reasons that prompt companies, it is an obvious fact that companies that diversify their workforces will have a distinct advantage over those that don't. The huge benefits of workforce diversity will be experienced, not by the companies that have learned to employ people in spite of their differences, but by the companies that have learned to employ people because of them.
The author is an expert in custom essay writing service in the field of human resource management.
Essay Writing
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