Scenario: East coast grocer Wegmans views diversity as more than just a legal or moral obligation or business necessity—to them it is a business opportunity. The company strives to attract and retain a workforce that reflects different backgrounds, experiences, and viewpoints and mirrors the communities in which it operates. Wegmans believes that to be a great place to shop, they must first be a great place to work. Wegmans emphasizes diversity in hiring to refresh stores with new ideas. Corporate values including respect, caring, empowerment, and high standards have helped the company repeatedly appear on Fortune’s list of the 100 Best Companies to Work For. (The company was ranked number 2 in 2017.)   Based on what you have learnt in the unit during discussion on the case study, in what ways can diverse employees contribute to Wegman’s business performance?   What are the downsides, if any, of building a diverse workforce? Answer this question in not more than 700 words.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Scenario: East coast grocer Wegmans views diversity as more than just a legal or moral obligation or business necessity—to them it is a business opportunity. The company strives to attract and retain a workforce that reflects different backgrounds, experiences, and viewpoints and mirrors the communities in which it operates. Wegmans believes that to be a great place to shop, they must first be a great place to work. Wegmans emphasizes diversity in hiring to refresh stores with new ideas. Corporate values including respect, caring, empowerment, and high standards have helped the company repeatedly appear on Fortune’s list of the 100 Best Companies to Work For. (The company was ranked number 2 in 2017.)

 

Based on what you have learnt in the unit during discussion on the case study, in what ways can diverse employees contribute to Wegman’s business performance?

 

What are the downsides, if any, of building a diverse workforce?

Answer this question in not more than 700 words.

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