The importance of race and ethic diversity in higher levels of management within business
The importance of race and ethic diversity in higher levels of management within business
The topic of race and ethical diversity within higher levels of management within a organisation is very important as it could have benefits which would help with decision making, production and expanding leadership styles within a organisation.
Based on a article by People Scout, there are a number of benefits to having a diverse workforce, which also applies to lower levels of management within the business.The link to this article is below. Over the past years, companies are beginning to understand the benefits and value of recruiting a diverse workforce. This helps companies adapt to the changes in the modern business landscape.
https://www.peoplescout.com/insights/racial-ethnic-diversity-in-workplace/
Some of these benefits that a diverse workforce can bring along include higher innovation due to the different viewpoints and ideas that individuals of different race and colour can have. This is present at both higher and lowers levels of management. Another benefits includes improved accessibility to new and diverse markets. At higher levels of management this can bring significant benefits such as expanding a company's target market and/or increased sales.
However this is often difficult due to factors such as prejudice as well as stereotypes towards different races and ethnicities. These issues have been current for a while and solving it could lead to many potential benefits. This significantly applies to higher managerial positions as well. During the hiring process there might be conscious or unconscious actions which can lead to discriminatory practices.
Another benefit of having a diverse workforce is faster problem solving. This is significantly more necessary at positions of higher power where quick decision making can contribute a lot to gaining a competitive edge and improving efficiency of production. By being able to solve problems faster production and decision making wont have to be compromised for finding solutions to problems.
The topic of race and ethical diversity within higher levels of management within a organisation is very important as it could have benefits which would help with decision making, production and expanding leadership styles within a organisation.
Based on a article by People Scout, there are a number of benefits to having a diverse workforce, which also applies to lower levels of management within the business.The link to this article is below. Over the past years, companies are beginning to understand the benefits and value of recruiting a diverse workforce. This helps companies adapt to the changes in the modern business landscape.
https://www.peoplescout.com/insights/racial-ethnic-diversity-in-workplace/
Some of these benefits that a diverse workforce can bring along include higher innovation due to the different viewpoints and ideas that individuals of different race and colour can have. This is present at both higher and lowers levels of management. Another benefits includes improved accessibility to new and diverse markets. At higher levels of management this can bring significant benefits such as expanding a company's target market and/or increased sales.
However this is often difficult due to factors such as prejudice as well as stereotypes towards different races and ethnicities. These issues have been current for a while and solving it could lead to many potential benefits. This significantly applies to higher managerial positions as well. During the hiring process there might be conscious or unconscious actions which can lead to discriminatory practices.
Another benefit of having a diverse workforce is faster problem solving. This is significantly more necessary at positions of higher power where quick decision making can contribute a lot to gaining a competitive edge and improving efficiency of production. By being able to solve problems faster production and decision making wont have to be compromised for finding solutions to problems.
Comments
Post a Comment