Managing diversity is essential when it comes to an organization achieving success, and continuing to strive and surpass their competitors. It is mentioned in an online article titled, “Diversity Management is the Key to Growth: Make it Authentic” that, “Diversity management is the key to growth in today’s fiercely competitive global marketplace. No longer can America’s corporations hide behind their lack of cultural intelligence. Organizations that seek global market relevancy must embrace diversity – in how they think, act and innovate.” (Llopis, 2011).
After reading both the criteria for selection of the Diversity, Inc. Top 50 List and the seven diversity components in the textbook, I could see some similarities’ and differences amongst the two.
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Top 50 List mentions is, CEO/Leadership Commitment, which is accountability for results, personal communications, and visibility. (DiversityInc.) One of the seven diversity components is authentic leadership commitment, and it is defined in the textbook as, “It is the foundation for developing an effective diversity management program; without firm commitment from the CEO, the creation of a successful, comprehensive diversity program is unlikely.” (Canas & Sondak, Pg. 47). In order for any organization to be success, they must have a strong leadership team behind them. This leadership team will need to showcase their commitment, dedication, and accountability for the organizations strengths/weaknesses. The criteria for the selection of the Diversity, Inc. Top 50 List and the diversity components have this particularly in common. They both recognize the need and importance of having personal communications in order to have a solid diversity management