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Mastercard: Support Of Business Resource Groups

1120 Words5 Pages

MasterCard leverages on the unique assets, views, and experiences of employees through support of Business Resource Groups (BRGs). These self-governed groups consist of individuals who come together based on similar interests or experiences, such as gender, ethnicity or number of years in industry. BRG members help identify business opportunities that address the needs of diverse consumers by providing feedback on new ideas and initiatives, partnering with specific organizations, and reaching out to their communities. In turn, employees in BRGs gain an chance to expand their cultural awareness, develop leadership skills, and network with colleagues across all business units and at all levels, including senior leadership.
Today, MasterCard has …show more content…

LEAD also acts as a resource to provide insight into programs and services that target and influence the purchasing preferences of this important minority group.

PRIDE

PRIDE members take a leadership role in fostering an environment of inclusiveness and respect throughout MasterCard that enables employees to feel comfortable being open about their lives, regardless of sexual orientation, gender identity, or expression. The environment is also one where equality of treatment is promoted and discriminatory behavior is not tolerated. PRIDE further serves the organization by helping MasterCard explore and implement ways to better reach out to the LGBT
(Lesbian, Gay, Bisexual, and Transgender) community as potential customers, clients, or employees.

SALUTE

Salute’s mission is to build a global network of support for active and veteran military personnel and their families by providing an environment that attracts, engages, and retains active and veteran military personnel.

WLN

WLN seeks to develop women’s careers and performance through a culture of mentoring and coaching with approximately 1,400 members in 36 locations across all five of MasterCard’s …show more content…

YoPros’ mission is to create a network of young professionals that fosters information sharing and relationship building.

 How will the realization of Cultural Diversity affect the company in the future ?

MasterCard has clear diversity strategy which combines industry expertise with the diverse insights from its global workforce which seems to be in the core of MasterCard diversity strategy.
Strategy is based on cultivating such environment where all employees respecting individual strengths, view and experiences can contribute to company value. In order to achieve greater innovation and productivity MasterCard promotes employee engagement on all levels.
Upon this foundation, MasterCard have erected the following three strategic pillars:

1. Talent Management: This reflects MasterCard’s commitment to hire employees with diverse backgrounds and to develop their knowledge and skills in order to deliver the customized and competitive solutions.
2. Brand and Reputation: This represents MasterCard’s determination to create partnerships and seek sponsorships that help strengthen MasterCard’s commitment to be a global diversity

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