Importance of Workforce Diversity in Organizations
Learn about the meaning, features, significance, dimensions, advantages, and positive effects of workforce diversity in the workplace. Discover how diversity enhances decision-making, creativity, productivity, and employee retention, leading to a more inclusive and successful organization.
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Presentation Transcript
WORKFORCE DIVERSITY WORKFORCE DIVERSITY AN OVERVIEW OVERVIEW TYBMS TYBMS SEM 6 SEM 6 WFD(HR AN WFD(HR) ) Prof. Prof. Sneha Sneha Mhatre Mhatre
INDEX Meaning and definition Features of workforce diversity Significance Dimension Advantage and limitation Positive effects and negative effects
MEANING: Workforce diversity is bringing together a variety of people to one workplace . workforce diversity includes characteristics such as race, ethnicity , gender, religion , age , ability and sexual orientation , thinking style , educational background etc. DEFINITION: According to Workology , Workforce Diversity is the bringing together of variety of people to one workplace
FEATURES OF WORKFORCE DIVERSITY 1. Creating Awareness 2. Multi-Dimensional 3. Attainment of Organisational Goals 4. Creating Condition For Common Organisational Culture 5. Better Decision-Making 6. Optimum Utilization Of Workforce 7. Goodwill Of The Organisation 8. Beneficial To The Organisation 9. Raise Conflicts
SIGNIFICANCE OF WORKFORCE DIVERSITY 1. Ability To Deal With Diverse Market 2. Better Decision-Making 3. Better Human Relations 4. Preventing Unnecessary Labour Turnover 5. Building Of Goodwill Of The Enterprise 6. Retaining Good Employees 7. Bottom Line Boosts
DIMENSION OF WORKFORCE DIVERSITY 1. Age 2. Gender 3. Education 4. Culture 5. Psychology 6. Personality 7. Trends 8. Values
ADVANTAGES OF HAVING A DIVERSE WORKFORSE 1. Increased Creativity 2. Increased Adaptability 3. Increased Productivity 4. Creates Pool of Ideas 5. Increased Range of Services 6. Talents, Skills and Experiences 7. Encourages Collaboration
8. Language Skills Can Open Doors For A Business 9. Helps Employee Retention 10. Improves Employee Performance 11. Relationship Of Workplace Diversity
LIMITATION OF HAVING A DIVERSE WORKFORCE Communication Issues 1.Lack of Freedom Of Speech 2. Increase Cost Of Training 3. Integration Issues 4. Increased Competition 5. Disrespect 6. Increases hostility among departments 7. Increases complaints among employees 8. Diverse Workforce
POSITIVE EFFECTS OF WORKFORCE DIVERSITY IN WORKPLACE 1. Increased Innovation 2. Increased Performance 3. Attract And Retain Talent 4. Increase Productivity 5. Increased Creativity And Problem Solving 6. Synergistic 7. Ensure Satisfaction 8. Saves On Litigation Expenses
NEGATIVE EFFECTS OF WORKFORCE DIVERSITY IN WORKPLACE 1. Communication Barriers 2. Culture Resistance 3. Discrimination Issues 4. Increased Costs 5. Overcoming Negativity 6. Unresolved Conflict 7. Turnover 8. Time And Money
