40 Best Company For Diversity

Diversity is becoming a more increasing and ever changing dynamic to the business environment. Organizations can either embrace and grow with diversity or be left behind and die out. One of the organizations that is growing with diversity is Target. This paper will look at Target in depth on what they are doing right and wrong, what makes them a leader in diversity, and what leadership is doing to encourage diversity.

Diversity has become a major part of society in the past decade and organizations have continued to adapt to our changing world. One way that organizations provide support for human and world differences is by creating a diversity mission statements that support the company’s actions. Diversity mission statements for corporations compared to non-profit organizations are more similar than I expected since. Verizon Wireless is the corporation I chose to research due to their current market share and success of the company. Verizon (2017) stated in their diversity statement how important and vital their employee differences have contributed to their success. According to Verizon (2017), 59% is their current workforce diversity and over half of

It is very important for leaders and managers to embrace a diverse workforce. Because diversity could possibly add influence to the market share, and could widen the talent in the recruitment process for the organization. In addition, the organizations could benefit from the various perspectives and experiences; for example, different races, gender, and age groups within the workforce. However, a diverse workforce might also be challenging; for instance, leaders and managers may spend too much time in promoting

In order for a company to survive in the twenty-first century, they most introduce diversity into their workplace. Affirmative action was only the beginning into bringing diversity to white collar jobs. If a company wants to be successful, they must learn to manage diversity in order to produce an effective workplace. Many companies have captured this idea of using diversity for their advantage to become some of the top companies to work for. As said in case 5.1, comparing the companies that were awarded diversity awards will show what other companies need to be doing in order to expand their diversity in the workplace. I have decided to compare the mission statements and diversity statements of the top five companies (Novartis Pharmaceuticals

The high level promotion from within may make a conflict of the diversity. Diversity is about recognizing, respecting and valuing differences based on ethnicity, gender, color, age, race, religion, disability, national origin and sexual orientation. In this case, diversity includes a balance of employees hired externally. When Costco does not have a balance of employees mixed with internal and external in an organizational environment, it may be able to confront with lacks of understanding about an external environment and narrow visions of managers in decision making. Costco must realize the diversity of workforces needs to be issued in order to build up strengths and opportunities and prevent weaknesses and threats internally and externally. Otherwise, it can be a

Best Foods Company is a multinational worldwide food company whose vision is “To be the Best International Food Company in the World.” (p.713) Best Foods set out to make some serious strides in diversifying their organization. However, there were three key diversity challenges facing them. First is that the company has very few women who have been on the career path that leads them to executive level position. This unfortunately was due to past practices. Best Foods top 150 senior managers were mostly made up of older males predominately white. At the time that Best Foods sought to change there was only one women and she was a general manager. With the lack of skill level and job experience one of the first

Reviewing the American Red Cross diversity mission statement they address diversification in the communities they serve, training, business opportunities, increasing the effectiveness and accountability in what they do, and becoming better at telling their stories to diverse audiences (Corporate Diversity American Red Cross, 2016). Southwest Airlines feels like their diversification brings uniqueness to their company. Fostering an environment that encourages diversity of ideas, knowledge and actions is paramount to our operational excellence (Southwest Citizenship, 2016). Coca-Cola feels like diversity is more than just policies and procedures, it is the heart of their company (Global Diversity Mission, 2016). Coca-Cola includes diversity

Diversity is a wonderful asset to an organization and brings with it many benefits. Employees bring in their own personal experiences and knowledge to the team (Burns & Kerby, 2012). Having diverse teams allows for the possibility to fix a problem or perfect a process by using different employee’s experiences and past knowledge to find solutions. A diverse workforce can drive economic growth and capture a greater share of the consumer market (Burns & Kerby, 2012). With diversity as a core value, the recruitment pool is widened to find the most qualified candidate and reduces employee turnover as a result. An organization can be highly competitive with a diversity initiative by adapting to a changing environment (Burns & Kerby, 2012).

The general line of reasoning is that if we learn to incorporate each other’s diverse traits and characteristics in the workplace, we can then use these differences to foster an innovative environment, which will give the company a competitive advantage over the competitors that do not accept workforce diversity. According to the Allied Academies International Conference, “Diversity is rapidly becoming a common practice among companies due to the increasing number of minorities entering the job market today. As these groups become more prevalent throughout companies, upper-level employees are facing numerous challenges when determining what changes must take place to create a positive working environment for everyone. Management is responsible for the development and implementation of effective policies directly relating to diversity to ensure the acceptance of minorities into the workplace and to aid in minorities’ success through equal opportunities and treatment.” (Marcia L. James, 2001, Academy for Studies in International Business Proceedings)

The way in which an organization tackles diversity determines its negative or positive outcome. All the 5 companies agreed that diversity has contributed to their success. Some barriers were identified in managing diversity like the difficulties faced by women in managing the work and family, fear of discrimination, resistance to change, diversity is not seen as an organizational priority, resistance to change and unsupportive working environment for diverse employees. Diversity contributes to more productivity but if not properly managed could hinder success.

Organizations who make a commitment to diversity can see a significant impact on business in many ways. Diversity “requires a significant commitment for change to occur” (Delong, 2007, p.9). It is extremely important that leaders understand the commitment and embrace it in order for a positive impact to occur. Employers with diverse cultures and leaders can build positive and successful relationships with customers, suppliers and vendors. They can better attract and retain top talent. All of these equal more financial gain for the company.

Thomas & Stephanie J. Creary it is clear that PepsiCo initially followed the discrimination-and-fairness paradigm. On the case PepsiCo realizes from a very early stage the important of hiring diverse employees and in 1940 implements an equal opportunity initiative to increase the number of minorities in the workforce. As PepsiCo does this, it is attempting to provide all individuals with the same opportunities of working with the company and therefore meet the goals set for increasing diversity in the

population. Companies need to focus on diversity and look for ways to become totally inclusive organizations because diversity has the potential of yielding greater productivity and competitive advantages (SHRM, 1995). Stephen G. Butler, co-chair of the Business-Higher Education Forum, believes that diversity is an invaluable competitive asset that America cannot afford to ignore (Robinson, 2002). Managing and valuing diversity is a key component of effective people management, which can improve workplace productivity (Black Enterprise, 2001).

My generation has already witnessed a day of infamy, less than two short years ago (or so CNN tells us). My grandfather would remember a different day, a morning marked by another surprise attack on America. That ambush, said Japanese General Yamamoto, awakened a “sleeping giant.” Analysis of American foreign policy begs the question: what if the giant had spurned its peaceful slumber? Instead, the behemoth could have chosen to lumber about. Odds are that the footsteps would not have fallen lightly, the reverberations spreading across the globe- all this, only had Wilsonians been at the helm of American foreign policy.

Workplace diversity is a popular topic in today’s workforce. Many companies today accept that diversifying the workplace is necessary and part of doing business in today’s global economy. Though more and more companies are embracing diversity for because they have to or believe that they should, Pitney Bowes has been doing so for decades. Though there were many forces for and against diversity in the early years, the diversification initiatives implemented and continued by Pitney Bowes has given them an advantage in employees, clients and global participation.