SlideShare a Scribd company logo
1 of 9
Citysidecasestudy
Cultural diversity in the organizations
TREY
research
 While this sounds to be a good approach in order to build a
clientele which is understood by the retail employees it does
create tension between the Retail team and External deposits
team.
 The main issue here is the class of the clientele which both
sectors have been dealing. The External deposits team have the
rich white privileged clientele which is offered various
premium services by the company while the Retail department
was composed of black employees while the External deposits
department had an All-white code with exception of one black
individual who was due to get promoted. He was transferred to
the retail department for promotion.
 This is a clear case of not only a diverse workforce but a
diverse mindset.
 The mindset of each class in the departments has different
shifts and their approach on collaboration and promotions in
the company are greatly influenced by the color of their skin.
Overviewofthecase
study
The case study provided a detailed insight on how a
diverse cultural workplace works and what
resistances and issues can arise with the passage of
time. Since Cityside financial services were in a
neighborhood of African American majority, the
Retail team was more centered on the African
American hiring.
2
TREY
research
Purposeofthereport
Cityside Financial services case study
The main aim of this report has been to address the issues
which hinder the collaboration between the two departments.
• This report will analyze and recommend ways in which the cultural
diversity in the company could be modified and the diverse employees
could be provided with better opportunities to excel in the company
regardless of their color.
• By answering all the queries, the recommendation, time needed to
implement them and the resources needed to implement them will be
provided (Brislin, 2008).
3
TREY
research
Answeringthequestions
1. How could these units work collaboratively in the
future?
• Both teams need to have proper cultural representation. Rather than
having black employees in retail and white in External deposits, both
classes should be divided in both departments in proper amalgams.
• Using the Geert Hofstede’s cultural dimension model, it is important to
break the ice and address the issues. The company norms need serious
modification in order to address the cultural restraints.
• By making teams culturally mixed and redefining the norms of the
company, the collaboration can be increased. The integration of black
and white employees in both teams will bring more trust, understanding
and cultural perspective in both employees classes allowing them to
work more collaboratively (Geert Hofstede, 1984).
2. If you integrate the functions would this solve the
problems?
• This will allow the employees form both cultures to understand each
other’s perspective and culture at work. It would be a great way to bring
more tolerance in the workplace while crating a sense of trust. This
trusts will be the key in order for the team to collaborate and work
together. It is suggested to ensure that the roles and responsibilities for a
culturally diverse team to be set precisely allowing the cultures in
minority in the team to get proper representation and opportunities to
excel in the team. Besides that, with face to face interactions, the
employees will be able to communicate well at work.
4
TREY
research
Answering the questions
3. Would a top-down restructure highlight that there was real
racial tension in the organization, waiting to explode?
• A top down restructure will potentially avoid the racial tension by
making the ethnic groups to understand each other’s perspective and
collaborate with each other on a daily basis. With a top down restructure,
the potential explosion could be avoided.
• The main aim of the entire process is to ensure that proper awareness
about cultural narratives is created. This will go down in the process of
creating a culturally diverse workplace and teams, providing equal
opportunities to each individual to get to the top without any
discrimination on the basis of the color (Amaram, 2007).
5. If you integrate the functions would this solve the
problems?
• The creation of a hiring board is not going to take a long time. The
company at the higher management level needs representation from both
the cultures. This would take a hiring board of 5-6 individuals which
would tale a month of intensive hiring.
• For mentoring, there will be a need to carry out session and seminars on
regular basis. This mentoring session strategy can be carried out in both
teams on a regular basis fortnightly or monthly. The interactions could
be increased in these sessions as well (Marlene G. Fine, 1990).
5
4. Faced with this situation, what would you do to change
the culture in the organization?
• This way the employees can easily relate to each other and understand
each other’s perspective as well. Personal histories experience could be
used in order to change the culture of the organization as well. With a
culturally diverse team, the overall culture can be changed. These
mentoring sessions will bring more collaboration, overall
communication and cooperation in the team while creating more
opportunities for each ethnic group in both situations (Martin, 2014).
• In order to change the culture in the team, the best way is to follow the
Five Dysfunctions of a Team by Patrick Lencioni where he addressed
that that best way to break the walls between the employees is by
increasing the face to face interactions.
TREY
research
• Mentoring at the employee level will allow bringing more
diversity in the company and will hold every individual
accountable for their work. With proper mentoring in a diverse
team, the whole organization could be made diverse in terms of
gender and culture. With no African American or white
representation at the top level, many decisions of the financial
development can be biased and lack proper results since
expansion will only be possible if the target market attracted is
diverse.
• The executive management must set examples to make sure
that they have a diverse executive board. In the case of Kevin
Johnson who is in the executive board of Starbucks, he refused
to fill in his position at the board until and unless the board was
equipped with gender and culturally diverse representation. The
executive board members must bring diversity by examples in
Cityside Financial Services (Dencker, 2008).
Recommendations
6
TREY
research
• Besides that, there must be a company policy in place to
set a ratio for the diverse representation at the employee
level as well as each department and staff level. This will
allow bringing more ideas, creativity and individual
characteristic from the diverse people who will become a
part of the organization (Kalev, 2006)
• It must be a part of the policy that the leadership at the
senior level acts as a mentor for the organization while
propagating diversity and better manager accountability.
With a diverse set of employees in the staffing, it will be
easy to get the diverse groups to be a part of the financial
services as clients since they would be able to associate
better with the company (Marlene G. Fine, 1990).
Recommendations
7
TREY
research
References
• Amaram, D. I. (2007). Cultural Diversity: Implications For Workplace Management. Journal of Diversity
Management, 2(4), 1-6. Retrieved from https://clutejournals.com/index.php/JDM/article/view/5017
• Brislin, R. W. (2008). Working with Cultural Differences: Dealing Effectively with Diversity in the Workplace.
Greenwood Publishing Group. Retrieved from
https://books.google.com.pk/books?hl=en&lr=&id=wLFls4bED1QC&oi=fnd&pg=PR5&dq=cultural+diversity+in+the+
workplace&ots=Rh0cNssDHd&sig=A5IP-
Y16JqGY8F1P8eHMrqwAWO8#v=onepage&q=cultural%20diversity%20in%20the%20workplace&f=false
• Dencker, J. (2008). (2008). Corporate restructuring and sex differences in managerial promotion. American
Sociological Review, 73(3), 455-476.
• Geert Hofstede, M. H. (1984). Hofstede's Culture Dimensions: An Independent Validation Using Rokeach's Value
Survey. Journal of Cross-Cultural Psychology, 15(4). Retrieved from
https://journals.sagepub.com/doi/abs/10.1177/0022002184015004003
• Kalev, A. K. (2006). Best practices or best guesses? Assessing the efficacy of corporate Affirmative Action and
diversity policies. American Sociological Review, 71(4), 589-617.
• Marlene G. Fine, F. L. (1990). Cultural Diversity in the Workplace. Public Personnel Management, 19(3). Retrieved
from https://journals.sagepub.com/doi/abs/10.1177/009102609001900307
• Martin, G. C. (2014). The Effects Of Cultural Diversity In The Workplace. Journal of Diversity Management, 9(2), 89-
92. Retrieved from https://www.clutejournals.com/index.php/JDM/article/view/8974
8
TREY
research
ThankYou
Your name
Date
9
Subject name
University name

More Related Content

Similar to Cityside case study.pptx

12Compiled Comprehensive ResearchRobert Bende
12Compiled Comprehensive ResearchRobert Bende12Compiled Comprehensive ResearchRobert Bende
12Compiled Comprehensive ResearchRobert Bende
AnastaciaShadelb
 
12Compiled Comprehensive ResearchRobert Bende
12Compiled Comprehensive ResearchRobert Bende12Compiled Comprehensive ResearchRobert Bende
12Compiled Comprehensive ResearchRobert Bende
ChantellPantoja184
 
Diversity management at Work Place
Diversity management at Work PlaceDiversity management at Work Place
Diversity management at Work Place
Harshad Jain
 
Epgp (one year) 2009-10_hrm_group assignment_5 group 4_23jan10
Epgp (one year) 2009-10_hrm_group assignment_5 group 4_23jan10Epgp (one year) 2009-10_hrm_group assignment_5 group 4_23jan10
Epgp (one year) 2009-10_hrm_group assignment_5 group 4_23jan10
Rajendra Inani
 
29.1.15_The Influence of National Cultural Values on Workplace (Screen-Res) (1)
29.1.15_The Influence of National Cultural Values on Workplace (Screen-Res) (1)29.1.15_The Influence of National Cultural Values on Workplace (Screen-Res) (1)
29.1.15_The Influence of National Cultural Values on Workplace (Screen-Res) (1)
Kaj Helstrand
 
Answer questions separately in 2 pages single spaced 12 font size..docx
Answer questions separately in 2 pages single spaced 12 font size..docxAnswer questions separately in 2 pages single spaced 12 font size..docx
Answer questions separately in 2 pages single spaced 12 font size..docx
SHIVA101531
 
Diversity And Inclusion Analysis
Diversity And Inclusion AnalysisDiversity And Inclusion Analysis
Diversity And Inclusion Analysis
Angie Lee
 
1254Diversity Plume CreativeDigitalVisionGetty Image.docx
1254Diversity Plume CreativeDigitalVisionGetty Image.docx1254Diversity Plume CreativeDigitalVisionGetty Image.docx
1254Diversity Plume CreativeDigitalVisionGetty Image.docx
jesusamckone
 
1254Diversity Plume CreativeDigitalVisionGetty Image.docx
1254Diversity Plume CreativeDigitalVisionGetty Image.docx1254Diversity Plume CreativeDigitalVisionGetty Image.docx
1254Diversity Plume CreativeDigitalVisionGetty Image.docx
moggdede
 

Similar to Cityside case study.pptx (13)

Global diversity
Global diversityGlobal diversity
Global diversity
 
globaldiversity-180712102605.pdf
globaldiversity-180712102605.pdfglobaldiversity-180712102605.pdf
globaldiversity-180712102605.pdf
 
12Compiled Comprehensive ResearchRobert Bende
12Compiled Comprehensive ResearchRobert Bende12Compiled Comprehensive ResearchRobert Bende
12Compiled Comprehensive ResearchRobert Bende
 
12Compiled Comprehensive ResearchRobert Bende
12Compiled Comprehensive ResearchRobert Bende12Compiled Comprehensive ResearchRobert Bende
12Compiled Comprehensive ResearchRobert Bende
 
Diversity management at Work Place
Diversity management at Work PlaceDiversity management at Work Place
Diversity management at Work Place
 
Epgp (one year) 2009-10_hrm_group assignment_5 group 4_23jan10
Epgp (one year) 2009-10_hrm_group assignment_5 group 4_23jan10Epgp (one year) 2009-10_hrm_group assignment_5 group 4_23jan10
Epgp (one year) 2009-10_hrm_group assignment_5 group 4_23jan10
 
29.1.15_The Influence of National Cultural Values on Workplace (Screen-Res) (1)
29.1.15_The Influence of National Cultural Values on Workplace (Screen-Res) (1)29.1.15_The Influence of National Cultural Values on Workplace (Screen-Res) (1)
29.1.15_The Influence of National Cultural Values on Workplace (Screen-Res) (1)
 
Answer questions separately in 2 pages single spaced 12 font size..docx
Answer questions separately in 2 pages single spaced 12 font size..docxAnswer questions separately in 2 pages single spaced 12 font size..docx
Answer questions separately in 2 pages single spaced 12 font size..docx
 
Organizational Culture Change
Organizational Culture ChangeOrganizational Culture Change
Organizational Culture Change
 
Diversity And Inclusion Analysis
Diversity And Inclusion AnalysisDiversity And Inclusion Analysis
Diversity And Inclusion Analysis
 
Cultural Diversity
Cultural DiversityCultural Diversity
Cultural Diversity
 
1254Diversity Plume CreativeDigitalVisionGetty Image.docx
1254Diversity Plume CreativeDigitalVisionGetty Image.docx1254Diversity Plume CreativeDigitalVisionGetty Image.docx
1254Diversity Plume CreativeDigitalVisionGetty Image.docx
 
1254Diversity Plume CreativeDigitalVisionGetty Image.docx
1254Diversity Plume CreativeDigitalVisionGetty Image.docx1254Diversity Plume CreativeDigitalVisionGetty Image.docx
1254Diversity Plume CreativeDigitalVisionGetty Image.docx
 

Recently uploaded

如何办理(SUT毕业证书)斯威本科技大学毕业证成绩单本科硕士学位证留信学历认证
如何办理(SUT毕业证书)斯威本科技大学毕业证成绩单本科硕士学位证留信学历认证如何办理(SUT毕业证书)斯威本科技大学毕业证成绩单本科硕士学位证留信学历认证
如何办理(SUT毕业证书)斯威本科技大学毕业证成绩单本科硕士学位证留信学历认证
ogawka
 
obat aborsi jakarta wa 081336238223 jual obat aborsi cytotec asli di jakarta9...
obat aborsi jakarta wa 081336238223 jual obat aborsi cytotec asli di jakarta9...obat aborsi jakarta wa 081336238223 jual obat aborsi cytotec asli di jakarta9...
obat aborsi jakarta wa 081336238223 jual obat aborsi cytotec asli di jakarta9...
yulianti213969
 
Shots fired Budget Presentation.pdf12312
Shots fired Budget Presentation.pdf12312Shots fired Budget Presentation.pdf12312
Shots fired Budget Presentation.pdf12312
LR1709MUSIC
 
Obat Aborsi Malang 0851\7696\3835 Jual Obat Cytotec Di Malang
Obat Aborsi Malang 0851\7696\3835 Jual Obat Cytotec Di MalangObat Aborsi Malang 0851\7696\3835 Jual Obat Cytotec Di Malang
Obat Aborsi Malang 0851\7696\3835 Jual Obat Cytotec Di Malang
Obat Aborsi Jakarta Wa 085176963835 Apotek Jual Obat Cytotec Di Jakarta
 
Jual Obat Aborsi Di Sibolga wa 0851/7541/5434 Cytotec Misoprostol 200mcg Pfizer
Jual Obat Aborsi Di Sibolga wa 0851/7541/5434 Cytotec Misoprostol 200mcg PfizerJual Obat Aborsi Di Sibolga wa 0851/7541/5434 Cytotec Misoprostol 200mcg Pfizer
Jual Obat Aborsi Di Sibolga wa 0851/7541/5434 Cytotec Misoprostol 200mcg Pfizer
Pusat Herbal Resmi BPOM
 

Recently uploaded (20)

如何办理(SUT毕业证书)斯威本科技大学毕业证成绩单本科硕士学位证留信学历认证
如何办理(SUT毕业证书)斯威本科技大学毕业证成绩单本科硕士学位证留信学历认证如何办理(SUT毕业证书)斯威本科技大学毕业证成绩单本科硕士学位证留信学历认证
如何办理(SUT毕业证书)斯威本科技大学毕业证成绩单本科硕士学位证留信学历认证
 
Moradia Isolada com Logradouro; Detached house with patio in Penacova
Moradia Isolada com Logradouro; Detached house with patio in PenacovaMoradia Isolada com Logradouro; Detached house with patio in Penacova
Moradia Isolada com Logradouro; Detached house with patio in Penacova
 
obat aborsi jakarta wa 081336238223 jual obat aborsi cytotec asli di jakarta9...
obat aborsi jakarta wa 081336238223 jual obat aborsi cytotec asli di jakarta9...obat aborsi jakarta wa 081336238223 jual obat aborsi cytotec asli di jakarta9...
obat aborsi jakarta wa 081336238223 jual obat aborsi cytotec asli di jakarta9...
 
10 Easiest Ways To Buy Verified TransferWise Accounts
10 Easiest Ways To Buy Verified TransferWise Accounts10 Easiest Ways To Buy Verified TransferWise Accounts
10 Easiest Ways To Buy Verified TransferWise Accounts
 
Progress Report - UKG Analyst Summit 2024 - A lot to do - Good Progress1-1.pdf
Progress Report - UKG Analyst Summit 2024 - A lot to do - Good Progress1-1.pdfProgress Report - UKG Analyst Summit 2024 - A lot to do - Good Progress1-1.pdf
Progress Report - UKG Analyst Summit 2024 - A lot to do - Good Progress1-1.pdf
 
Shots fired Budget Presentation.pdf12312
Shots fired Budget Presentation.pdf12312Shots fired Budget Presentation.pdf12312
Shots fired Budget Presentation.pdf12312
 
Most Visionary Leaders in Cloud Revolution, Shaping Tech’s Next Era - 2024 (2...
Most Visionary Leaders in Cloud Revolution, Shaping Tech’s Next Era - 2024 (2...Most Visionary Leaders in Cloud Revolution, Shaping Tech’s Next Era - 2024 (2...
Most Visionary Leaders in Cloud Revolution, Shaping Tech’s Next Era - 2024 (2...
 
Obat Aborsi Malang 0851\7696\3835 Jual Obat Cytotec Di Malang
Obat Aborsi Malang 0851\7696\3835 Jual Obat Cytotec Di MalangObat Aborsi Malang 0851\7696\3835 Jual Obat Cytotec Di Malang
Obat Aborsi Malang 0851\7696\3835 Jual Obat Cytotec Di Malang
 
Should Law Firms Outsource their Bookkeeping
Should Law Firms Outsource their BookkeepingShould Law Firms Outsource their Bookkeeping
Should Law Firms Outsource their Bookkeeping
 
MichaelStarkes_UncutGemsProjectSummary.pdf
MichaelStarkes_UncutGemsProjectSummary.pdfMichaelStarkes_UncutGemsProjectSummary.pdf
MichaelStarkes_UncutGemsProjectSummary.pdf
 
Space Tech Expo Exhibitor List 2024 - Exhibitors Data
Space Tech Expo Exhibitor List 2024 - Exhibitors DataSpace Tech Expo Exhibitor List 2024 - Exhibitors Data
Space Tech Expo Exhibitor List 2024 - Exhibitors Data
 
The Vietnam Believer Newsletter_May 13th, 2024_ENVol. 007.pdf
The Vietnam Believer Newsletter_May 13th, 2024_ENVol. 007.pdfThe Vietnam Believer Newsletter_May 13th, 2024_ENVol. 007.pdf
The Vietnam Believer Newsletter_May 13th, 2024_ENVol. 007.pdf
 
WAM Corporate Presentation May 2024_w.pdf
WAM Corporate Presentation May 2024_w.pdfWAM Corporate Presentation May 2024_w.pdf
WAM Corporate Presentation May 2024_w.pdf
 
How to refresh to be fit for the future world
How to refresh to be fit for the future worldHow to refresh to be fit for the future world
How to refresh to be fit for the future world
 
Jual Obat Aborsi Di Sibolga wa 0851/7541/5434 Cytotec Misoprostol 200mcg Pfizer
Jual Obat Aborsi Di Sibolga wa 0851/7541/5434 Cytotec Misoprostol 200mcg PfizerJual Obat Aborsi Di Sibolga wa 0851/7541/5434 Cytotec Misoprostol 200mcg Pfizer
Jual Obat Aborsi Di Sibolga wa 0851/7541/5434 Cytotec Misoprostol 200mcg Pfizer
 
hyundai capital 2023 consolidated financial statements
hyundai capital 2023 consolidated financial statementshyundai capital 2023 consolidated financial statements
hyundai capital 2023 consolidated financial statements
 
Home Furnishings Ecommerce Platform Short Pitch 2024
Home Furnishings Ecommerce Platform Short Pitch 2024Home Furnishings Ecommerce Platform Short Pitch 2024
Home Furnishings Ecommerce Platform Short Pitch 2024
 
Navigating Tax Season with Confidence Streamlines CPA Firms
Navigating Tax Season with Confidence Streamlines CPA FirmsNavigating Tax Season with Confidence Streamlines CPA Firms
Navigating Tax Season with Confidence Streamlines CPA Firms
 
Goal Presentation_NEW EMPLOYEE_NETAPS FOUNDATION.pptx
Goal Presentation_NEW EMPLOYEE_NETAPS FOUNDATION.pptxGoal Presentation_NEW EMPLOYEE_NETAPS FOUNDATION.pptx
Goal Presentation_NEW EMPLOYEE_NETAPS FOUNDATION.pptx
 
Pitch Deck Teardown: Goodcarbon's $5.5m Seed deck
Pitch Deck Teardown: Goodcarbon's $5.5m Seed deckPitch Deck Teardown: Goodcarbon's $5.5m Seed deck
Pitch Deck Teardown: Goodcarbon's $5.5m Seed deck
 

Cityside case study.pptx

  • 2. TREY research  While this sounds to be a good approach in order to build a clientele which is understood by the retail employees it does create tension between the Retail team and External deposits team.  The main issue here is the class of the clientele which both sectors have been dealing. The External deposits team have the rich white privileged clientele which is offered various premium services by the company while the Retail department was composed of black employees while the External deposits department had an All-white code with exception of one black individual who was due to get promoted. He was transferred to the retail department for promotion.  This is a clear case of not only a diverse workforce but a diverse mindset.  The mindset of each class in the departments has different shifts and their approach on collaboration and promotions in the company are greatly influenced by the color of their skin. Overviewofthecase study The case study provided a detailed insight on how a diverse cultural workplace works and what resistances and issues can arise with the passage of time. Since Cityside financial services were in a neighborhood of African American majority, the Retail team was more centered on the African American hiring. 2
  • 3. TREY research Purposeofthereport Cityside Financial services case study The main aim of this report has been to address the issues which hinder the collaboration between the two departments. • This report will analyze and recommend ways in which the cultural diversity in the company could be modified and the diverse employees could be provided with better opportunities to excel in the company regardless of their color. • By answering all the queries, the recommendation, time needed to implement them and the resources needed to implement them will be provided (Brislin, 2008). 3
  • 4. TREY research Answeringthequestions 1. How could these units work collaboratively in the future? • Both teams need to have proper cultural representation. Rather than having black employees in retail and white in External deposits, both classes should be divided in both departments in proper amalgams. • Using the Geert Hofstede’s cultural dimension model, it is important to break the ice and address the issues. The company norms need serious modification in order to address the cultural restraints. • By making teams culturally mixed and redefining the norms of the company, the collaboration can be increased. The integration of black and white employees in both teams will bring more trust, understanding and cultural perspective in both employees classes allowing them to work more collaboratively (Geert Hofstede, 1984). 2. If you integrate the functions would this solve the problems? • This will allow the employees form both cultures to understand each other’s perspective and culture at work. It would be a great way to bring more tolerance in the workplace while crating a sense of trust. This trusts will be the key in order for the team to collaborate and work together. It is suggested to ensure that the roles and responsibilities for a culturally diverse team to be set precisely allowing the cultures in minority in the team to get proper representation and opportunities to excel in the team. Besides that, with face to face interactions, the employees will be able to communicate well at work. 4
  • 5. TREY research Answering the questions 3. Would a top-down restructure highlight that there was real racial tension in the organization, waiting to explode? • A top down restructure will potentially avoid the racial tension by making the ethnic groups to understand each other’s perspective and collaborate with each other on a daily basis. With a top down restructure, the potential explosion could be avoided. • The main aim of the entire process is to ensure that proper awareness about cultural narratives is created. This will go down in the process of creating a culturally diverse workplace and teams, providing equal opportunities to each individual to get to the top without any discrimination on the basis of the color (Amaram, 2007). 5. If you integrate the functions would this solve the problems? • The creation of a hiring board is not going to take a long time. The company at the higher management level needs representation from both the cultures. This would take a hiring board of 5-6 individuals which would tale a month of intensive hiring. • For mentoring, there will be a need to carry out session and seminars on regular basis. This mentoring session strategy can be carried out in both teams on a regular basis fortnightly or monthly. The interactions could be increased in these sessions as well (Marlene G. Fine, 1990). 5 4. Faced with this situation, what would you do to change the culture in the organization? • This way the employees can easily relate to each other and understand each other’s perspective as well. Personal histories experience could be used in order to change the culture of the organization as well. With a culturally diverse team, the overall culture can be changed. These mentoring sessions will bring more collaboration, overall communication and cooperation in the team while creating more opportunities for each ethnic group in both situations (Martin, 2014). • In order to change the culture in the team, the best way is to follow the Five Dysfunctions of a Team by Patrick Lencioni where he addressed that that best way to break the walls between the employees is by increasing the face to face interactions.
  • 6. TREY research • Mentoring at the employee level will allow bringing more diversity in the company and will hold every individual accountable for their work. With proper mentoring in a diverse team, the whole organization could be made diverse in terms of gender and culture. With no African American or white representation at the top level, many decisions of the financial development can be biased and lack proper results since expansion will only be possible if the target market attracted is diverse. • The executive management must set examples to make sure that they have a diverse executive board. In the case of Kevin Johnson who is in the executive board of Starbucks, he refused to fill in his position at the board until and unless the board was equipped with gender and culturally diverse representation. The executive board members must bring diversity by examples in Cityside Financial Services (Dencker, 2008). Recommendations 6
  • 7. TREY research • Besides that, there must be a company policy in place to set a ratio for the diverse representation at the employee level as well as each department and staff level. This will allow bringing more ideas, creativity and individual characteristic from the diverse people who will become a part of the organization (Kalev, 2006) • It must be a part of the policy that the leadership at the senior level acts as a mentor for the organization while propagating diversity and better manager accountability. With a diverse set of employees in the staffing, it will be easy to get the diverse groups to be a part of the financial services as clients since they would be able to associate better with the company (Marlene G. Fine, 1990). Recommendations 7
  • 8. TREY research References • Amaram, D. I. (2007). Cultural Diversity: Implications For Workplace Management. Journal of Diversity Management, 2(4), 1-6. Retrieved from https://clutejournals.com/index.php/JDM/article/view/5017 • Brislin, R. W. (2008). Working with Cultural Differences: Dealing Effectively with Diversity in the Workplace. Greenwood Publishing Group. Retrieved from https://books.google.com.pk/books?hl=en&lr=&id=wLFls4bED1QC&oi=fnd&pg=PR5&dq=cultural+diversity+in+the+ workplace&ots=Rh0cNssDHd&sig=A5IP- Y16JqGY8F1P8eHMrqwAWO8#v=onepage&q=cultural%20diversity%20in%20the%20workplace&f=false • Dencker, J. (2008). (2008). Corporate restructuring and sex differences in managerial promotion. American Sociological Review, 73(3), 455-476. • Geert Hofstede, M. H. (1984). Hofstede's Culture Dimensions: An Independent Validation Using Rokeach's Value Survey. Journal of Cross-Cultural Psychology, 15(4). Retrieved from https://journals.sagepub.com/doi/abs/10.1177/0022002184015004003 • Kalev, A. K. (2006). Best practices or best guesses? Assessing the efficacy of corporate Affirmative Action and diversity policies. American Sociological Review, 71(4), 589-617. • Marlene G. Fine, F. L. (1990). Cultural Diversity in the Workplace. Public Personnel Management, 19(3). Retrieved from https://journals.sagepub.com/doi/abs/10.1177/009102609001900307 • Martin, G. C. (2014). The Effects Of Cultural Diversity In The Workplace. Journal of Diversity Management, 9(2), 89- 92. Retrieved from https://www.clutejournals.com/index.php/JDM/article/view/8974 8