Diversity: the Business Case

Diversity: the Business Case

We understand that to survive and prosper, businesses need to respond to the intensifying competitive nature of business, changing markets and broadening global playing fields.  Competitive advantage is largely attributable to an organisation’s human capital; its people.  It makes sense that committed and motivated employees will be more productive.  The challenge of creating a committed workforce has become a complex phenomenon, a large part of this attributable to the demographical changes that have taken place in last two to three decades.  

We recognise the need for organisations to respond to a greater variety of wants and needs, and elicit the benefits to be gained from wider skill sets, experiences and opinions.  Managing diversity is a strategy to respond to the needs of a diverse workforce, by creating an environment where individual’s differences are recognised, respected, celebrated and harnessed.  By creating a culture of inclusiveness, in which individuals feel valued, listened to and respected, organisations can maximise on business potential and heightened customer service delivery. Raising cultural awareness can also reduce the conflict experienced in the workplace by promoting and embracing cultural diversity.

Diversity is set to become a key theme for businesses as they battle against; legislation, demographic changes, the war on talent, sustainable competitive advantage and the diverse society that we work within. The business case for inclusion and embracement of diversity is now more compelling than ever:

  • Legislation has continued to redefine the workplace with a particular emphasis on protecting the rights of workers.  During nearly three decades of legislation the rights of the individual have been protected from various forms of harassment, and discrimination.
  • Demographic changes have seen many organisations engaged in what is known as the “war for talent”.   Shortages have compelled organisations to look more widely to find the talent it needs.    With a marketplace shortage of available labour, at all levels, it has become essential to bring more people into the workplace and to embrace rather than simply accept diversity.
  • The biggest competitive edge any organisation can have is the quality of the people they employ.  Organisations realise that they will only succeed if they can enhance the contribution people make through the work they do.   To be effective in this, workforce diversity issues must be addressed: otherwise talent is wasted, resources squandered. This level of recognition and enhanced contribution can be challenging to achieve, but through inclusion and understanding it can be done.
  • As our society has become more diverse, organisations need to reflect and respond to that diversity in a positive way. Customers and clients are diverse and our organisations should successfully replicate/ represent this diversity.  Through the recruitment of employees that mirror the customer population improves creativity and innovation providing the ability to reach diverse markets.
  • The generic term “Social Responsibility” has assumed greater importance for all organisations that now need to pay more than lip service to such concepts if they are to remain competitive and in line with best practice for any well-run 21st  century organisation.

 An organisations main aim should be to continue to replicate and represent the customer population, through such inclusion it is possible to maximise on business potential and heightened customer service delivery. Diversity is essentially about productivity and creativity, the correlation is evident: the more we embrace diversity and derive the value that it can bring, the more prosperous we become in terms of brand awareness and financial reward. Process on its own without mindset will not work. Organisations need to use diversity to do business better. Mainstreaming diversity into operational activities can deliver business benefits and sustain operational performance.  

Our programmes are bespoke in design and can be delivered via high level strategic conversations with the senior management team through to workshops with the employees themselves.

Objectives may include:

  •  To further explore diversity and its impact on the organisation
  • Identify and promote good practice and role – models
  • To ensure that the organisation can pin-point the exact issues and accurately measure the  risks associated
  • Develop awareness of issues related to dignity at work and the main provisions of statutory requirements for fair employment
  • To provide managers with the tool kit to effectively manage the issues that arise with cultural diversity
  • To create understanding, synergy and team working through raised employee awareness

For more information, contact one of the team by calling us, or emailing uk.info@right.com  

 

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