“Diversity” a competitive advantage for organizations
Jan 16, 2015
“Diversity”
a competitive advantage for organizations
“Diversity” means to us :-
• All aspects in which people differ from one another.• Which may be :-1. Visible - gender, age and ethnicity2. Personal characteristics- competences, needs and wants, sexual preference, work styles
& character traits.
Accepting Diversity And Working Together
IILM (organization)
This would help in :-
Peer-to-peer learning.Better results.New ideas.Innovations.New techniques.Time utilization.
Team Work is the key
Personality Diversified
Diversified Organization
Managing Director
Production Manager
Manufacturing Manager
Sales Manager
Customer Service
PurchasesManager
Finance Manager
Marketing Manager
HR Manager
Further Diversification
Marketing Manager
Personnel 1(sales
supervisor)
Personnel 2(R&D)
Personnel 3(advertiseme
nt)
Personnel 4(publicity)
Personnel 5( subordinate)
Personnel 6(clerk)
• Why does a person get transfer or promotion to a new branch in some other region ?
• Why do companies requires personnel from different parts of the country ?
Business Advantages of Diversity in the Workplace
Attraction for a wider group of customersCreativity increasesInnovative techniques Productivity increasesAn improved business imageLanguage skillsFilling gaps Identifying taste and preferencesSupervision, perfection.
Company Diversified
TATA(Headquaters)
Automobiles
Telecom TATA SKY Finance
Further sub division
Finance
Eastern Region
Western Region
Central Region Northern Region
Southern Region
IN MNC’s
• In a Multinational enterprise the employees are normally from a diverse background. This diversity can bring about several advantages and
disadvantages. The key disadvantages is that people refrain from working
together, People have problem in socializing, the cultural and social norms is diverse so there would be problems in communication.
On the other hand the advantages are that it creates competition, employees have the opportunity to communicate and socialize with each other.
What are the benefits of managing diversity effectively?
Attracting, recruiting and retaining people from a wide “talent” base.Reducing the costs of labour turnover and absenteeism.Contributing to employee flexibility and responsiveness.Building employee commitment, morale and “discretionary effort”.Managing better the impact of globalization and technological change.Enhancing creativity and innovation.
Contd Improving knowledge of how to operate
in different cultures. Improving the understanding of the needs of
current customers or clients. Improving knowledge about the needs of new
customers and clients. Assisting in the development of new products,
services and marketing strategies. Enhancing the organization's reputation and
image with external stakeholders. Creating opportunities for disadvantaged groups
and building social cohesion.
Competitive advantage for organisation
Accepting diversity and working together• Healthy environment would help in better
productivity.• Innovative techniques for problem solving• Knowing the taste and preferences• Understanding the values• ( Please think about this slide …. Add or change
some points to it) it’s a conclusion slide
Conclusion
• In short, get on with diversity!