In order to evaluate the benefits from diversity management, it is essential to first understand the concept of diversity. Diversity as the name implies, is an important strategy that implies the management of diversity within an organization with respect to its employees. It implies that organizations should consider for recruiting employees that comprises of both the male employees and their counterpart. Diversity can be managed by organizations with respect to age, gender, religion, cultural backgrounds etc. by way of recruiting all kinds of employees from diverse background.
There are various benefits that can be accomplished from managing diversity within organizations. As, for instance, diversity management leads to the most significant advantage to organizations in the form of higher recognition of the society and the community in which it operates. This is mainly because diversity in terms of both male and female employees in the work groups and at the managerial positions within organization leads to favorable reputation of the organization within society. Earlier it was believed that the male employees in most of the organizations occupy the top most positions, and female employees are not given equal opportunities. However, organizations have started maintaining diversity by including the female employees in majority of the top level management positions within the organization. This has resulted in positive acceptance of the workings of the organization within the community at large and also the better management of entire organizational activities.
Another major benefit of diversity management is that it includes people from different cultural backgrounds from different countries and the inclusion of diversified employees would better enable the organization in performing important activities. As, for instance, there will be knowledge sharing between the diversified workgroups within the organization and by applying the knowledge of the members from such diversified groups, better solutions can be reached to organizational problems which could not be possible to attain from the knowledge of a single individual. The workers from different ethnic and cultural groups would present their diversified knowledge which could be applied in effectively solving the organizational problems. Apart from problem solving, diversity management also leads to the accomplishment of higher level of creativity, because there will be different knowledge applicable from employees from different cultural background.
Apart from this, diversity management is also beneficial in the sense that the people from top level management will not be able to play any kinds of politics, as there would be people from diverse backgrounds and religions and the chances of supporting each other would be less. This would benefit the organization and ultimately its stakeholders. Further, there would not be any kinds of problem regarding discrimination among employees within the organization, as there would be adequate diversity.
The problem of discrimination is a major problem and there are various organizations in the past that have faced with the problem of discriminating within their employees and this has led to huge fines and penalties over them. As such, by managing higher level of diversity, an organization can protect itself from any such kinds of litigation against it. The decision making ability of the organization also gets strengthened from the management of diversity in terms of its workforce. These are the major benefits that can be accomplished by the organization from managing higher level of diversity within its workforce.
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