“Diversity” means to us :-<br />All aspects in which people differ from one another.<br /> Which may be :-<br />Visible - gender, age and ethnicity<br />Personal characteristics- competences, needs<br /> and wants, sexual preference, work styles & character traits.<br />
IN MNC’s<br />In a Multinational enterprise <br /> the employees are normally from a diverse background. <br />This diversity can bring about several advantages and disadvantages. <br />The key disadvantages is that people refrain from working together, People have problem in socializing, the cultural and social norms is diverse so there would be problems in communication. <br />On the other hand the advantages are that it creates competition, employees have the opportunity to communicate and socialize with each other.<br />
What are the benefits of managing diversity effectively?<br /><ul><li>Attracting, recruiting and retaining people from a wide “talent” base.
Reducing the costs of labourturnover and absenteeism.
Contributing to employee flexibility and responsiveness.
Building employee commitment, morale and “discretionary effort”.
Managing better the impact of globalization and technological change.
Enhancing creativity and innovation.</li></li></ul><li>Contd<br /><ul><li>Improving knowledge of how to operate in different cultures.
Improving the understanding of the needs of current customers or clients.
Improving knowledge about the needs of new customers and clients.
Assisting in the development of new products, services and marketing strategies.
Enhancing the organization's reputation and image with external stakeholders.
Creating opportunities for disadvantaged groups and building social cohesion.</li></li></ul><li>Competitive advantage for organisation<br /><ul><li>Accepting diversity and working together</li></ul>Healthy environment would help in better productivity.<br />Innovative techniques for problem solving<br />Knowing the taste and preferences<br />Understanding the values<br />( Please think about this slide …. Add or change some points to it) it’s a conclusion slide<br />