Managing diversity is an important Managing Diversity for Success is a four-step process:
1. Recognizing the economic consequences to the business.
2. Developing an effective strategy for managing diversity.
3. Implementing an action plan for organizational change.
4. Evaluating the diversity strategy.
Step 1 - Recognizing the economic consequences to the business
Businesses has to have an effective strategy for managing diversity, otherwise they will experience all or some of the resulting concerns: employee turnover, loss of productivity, lost opportunities, and potential employment law mistakes. To evade such problems, decision makers must come to recognize this deficiency as a business issue and acknowledge the need to develop an effective
…show more content…
in the organization as a feedback. The diversity assessment results provide a measurement for the organization that will help in the growth in the future. Utilizing the diversity assessment will result in maintaining the organization efforts are being put in the right place and not going to waste. iii. Setting diversity business goals
According to McArthur “Achieving diversity means a shift from a non-diverse business (workforce, suppliers, products, customers) to one that reflects the demographic characteristics of the population within all functions and organizational levels.”(2010). In addition, achieving diversity needs management to set precise, quantifiable, realizable, and realistic goals based on nature of the business to keep it moving forward.
Step 4 - Evaluating the diversity strategy
Management Diversity Strategy is to set a value in the organization and not to have a cure to it. Therefore the process is an ongoing process that needs to be checked and evaluating from time to time. To achieve Management Diversity Strategy, the organization must consider each module of the diversity strategy to control successes, setbacks, and new