This document discusses managing diversity and equal opportunities in organizations. It compares the two approaches and outlines some key differences. Managing diversity is presented as an internally-driven, strategic approach that views diversity as an asset and advocates for mainstream adaptation. It focuses on individual development and universal initiatives. In contrast, equal opportunities is described as externally-driven, operational, and perceives diversity as a problem requiring assimilation or compensation through group-focused initiatives. The document also discusses applying a business case rationale for managing student diversity in higher education. Potential benefits include increased student numbers and talent pools, improved teaching and learning, and reputational gains. However, costs, risks, and barriers must also be considered.