Importance of Understanding Diversity in a Business Setting

In the contemporary era of globalization, multinational corporations have a diverse workforce with people from different nationalities, qualifications, religions, gender, age, ethnicities, sexual orientation, and languages. Since two different minds can have two creative thoughts, the productivity of the entire group is enhanced when professionals and managers hire employees with cultural, ethnic, gender, age, sexual orientation, and other differences.

By having diversity in a professional workplace, creativity and flexibility are utilized to the fullest, and the best talent is given the chance to perform with excellence (University of California, Berkeley, n. d. ). For instance, different countries have different levels of education systems that produce human resources with contrasting mental, emotional, and spiritual understanding. In a country like India, religion, spirituality and group efforts are encouraged since childhood, while in another country like USA, materialism, self-reliance, and independence are learnt from the family. When professionals and managers recruit and sustain human resources for the overall benefit of the business organization, they need to identify the individual strengths that can be nurtured and focused for achieving commercial growth of the company. Every inherent quality in an individual is a strength that needs to be identified and aptly utilized for attaining the goals and targets of the business organization.

For example, a worker may be good at developing software applications; a second human resource may be an ace in hardware maintenance; another worker may be expert in technical writing; a fourth person may be good at accounts and finance, and so on. It is important for the managers to identify the individual strengths of the human resources and combine these strengths to accomplish the business goals and achieve maximum profit for the organization. Similarly, men and women have unique strengths, and it is for the professionals and managers in the business organization to appropriately place men and women with specific talents so that the group reaps the combined strengths of men as well as women. Moreover, different ethnicities may present various creative solutions for solving a business problem, and it is important for the supervisors and managers to utilize the individual strengths of their human resources for attaining the business targets. It was reported that the University of California, Berkeley, has effective management of a diverse workforce, where the women comprise 60% of the workforce, and people of color comprise 43% of the workforce (University of California, Berkeley, n. d. ). Successful planning and implementation of the policy of having a diverse workforce was reported in the multinational corporation, The Coca-Cola Company, whose 92,400 associates are treated fairly and without discrimination against lesbian, gay, bisexual, or transgender population (The Coca-Cola Company, n. d. ). The professionals and managers at The Coca-Cola Company have been able to understand the cultural, ethnic, and gender differences in their workforce; besides, they have skillfully utilized the individual strengths of the human resources for attaining the business goals of the corporation.

Management of diversity in a business setting is a challenging task for professionals and managers. Successful managers have proved that business growth is possible if the best talent is recognized and aptly utilized without allowing any place for discrimination against human resources on the basis of nationality, gender, language, color, age, ethnicity, or sexual orientation. A business organization attains continuous economic growth due to the creative solutions provided by a diverse workforce. Diversity in a business setting provides competitive advantage through adoption of innovation and cost-effective marketing strategies. However, it is for the scholarly professionals and experienced managers to appropriately hire, organize, and utilize the individual talent for achieving the overall business goals of the organization.

References

  1. The Coca-Cola Company. (n. d. ). Diversity. Retrieved May 2, 2010, from http://www. thecocacolacompany. com/citizenship/diversity. html University of California, Berkeley. (n. d. ). Guide to managing human resources. Retrieved May 2, 2010, from http://hrweb. berkeley. edu/guide/diversity. htm

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with MyStudyWriters
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Business and administrative studies
excellent job thank you Your Score 166.25/ 175- A 1. Current Culture 15% of total grade 18.37 Criterion "1. Current Culture" has textual feedback Criterion Feedback I see interesting points, though, in general they are not about the culture.
Customer 452773, June 4th, 2023
Business Studies
Thank you very much for a good job done and a quick turn around time.
Customer 452615, March 31st, 2021
Business and administrative studies
Perfect
Customer 452773, February 23rd, 2023
Business and administrative studies
excellent paper
Customer 452773, March 3rd, 2023
Social Work and Human Services
Great work I would love to continue working with this writer thought out the 11 week course.
Customer 452667, May 30th, 2021
DATA565
The support team was late responding , my paper was late because the support team didn't respond in a timely manner. The writer of the paper finally got it right but seems there was a problem getting the revisioin to me.
Customer 452773, April 7th, 2024
History
Looks great and appreciate the help.
Customer 452675, April 26th, 2021
Business and administrative studies
perfect
Customer 452773, February 23rd, 2023
Nursing
I just need some minor alterations. Thanks.
Customer 452547, February 10th, 2021
Leadership Studies
awesome work as always
Customer 452773, August 19th, 2023
Management
Thank you!!! I received my order in record timing.
Customer 452551, February 9th, 2021
Business and administrative studies
Thank you
Customer 452773, March 19th, 2023
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat
Close

Sometimes it is hard to do all the work on your own

Let us help you get a good grade on your paper. Get professional help and free up your time for more important courses. Let us handle your;

  • Dissertations and Thesis
  • Essays
  • All Assignments

  • Research papers
  • Terms Papers
  • Online Classes
Live ChatWhatsApp