Would you be able to provide references for the attached documents please? and expand on "•It promotes unity within the organization, creating a synergy that binds employees to long-term growth. - expand.. how??" thanks
Michelle_Michy
blm-ppt.pptxRacial Diversity in Top Management Roles in UK Large Organizations
A presentation by:
Topic Importance
This presentation highlights if UK large organisations give equal opportunity to everyone regardless of their racial background in top management.
The world is increasingly becoming globalized thanks to technological advancements.
People from different ethnic backgrounds are filling available posts thus increasing diversity in the workplace.
Workers from different ethnic backgrounds imbue organizations with creative perspectives and new ideas.
Diverse workplaces can better align an organizations culture with the right demographic mixture of the country.
Topic Importance Cont.
HRM must design strategies of addressing this increased diversity in the workplace through appropriate policies.
Diverse workplaces could assist organisations understand what moves certain people and the target demographics.
Ethnic diversity also increases client satisfaction by understanding how workers interact with a more diverse public and customer groups.
Workplace diversity additionally promotes mutual respect among workers.
It enhances business reputation leading to increased profitability.
Topic Importance Cont.
It promotes economic empowerment of marginalized workers particularly those marginalized as a result of discrimination, ageism, and racism.
Diversity in the workplace assists in workplace conflict resolution.
Diversity also reduces conflict in the workplace.
It increases exposure of different kinds of individuals in the workplace
It promotes unity within the organization, creating a synergy that binds employees to long-term growth.
BLM and Racial Diversity
BLM can assist by having a diverse representation of different races and ethnic groups in its top management.
This would help in promoting visibility about its intention to incorporate diversity in its top management team.
It would also assist in promoting inclusivity.
BLM could also openly consider different racial and ethnic groups in its middle-level management teams.
It would also promote racial diversity through making it a top agenda for discussion in its forums.
Pros and Cons of Having a Racially Diverse Top Management Team (Pros)
It gives an organization a global representation.
Diversity exposes an organisation to global-level competition.
It helps an organisation to perform better financially.
It gives an organisation a better angle in terms of decision-making.
It introduces a new aspect of innovative and creative thinking.
It also assists an organisation to benefit from cross-cultural understanding.
Overall, an organisation benefits in the long-run.
Pros and Cons of Having a Racially Diverse Top Management Team (Cons)
It is not easy to solve management issues especially if leaders see them from different perspectives.
It is difficult to bridge cultural differences if problems touch on ethnic and racial taboos.
It becomes difficult for culturally-diverse leaders to transition when change is introduced.
There is a huge cost implication if organizational leaders are forced to accommodate certain challenging policies.
Some ethnic differences are irreconcilable and some leaders may be forced to quit bringing organisational instabilities.
Linking Diversity and Inclusion
Diversity and inclusion is a hot topic because the world has become more integrated.
Research has shown that diversity increases productivity (Gomez & Bernet, 2019).
Research also shows that customers are attracted to diverse workplaces (Richard et al., 2017). It also improves client retention rates.
It increases innovation, organisational adaptability, and better customer service.
It is also an important element when it comes to organisational innovation.
Conclusion
The presentation highlighted the subject of racial diversity within large organizations.
More specifically, it looked at the significance of organisations giving equal opportunity to everyone regardless of their racial background in top management.
Workplace diversity is a hot topic because of the many advantages associated with inclusivity in top management.
It contributes to client satisfaction, mutual respect, and improves financial performance.
References
Gomez, L. E., & Bernet, P. (2019). Diversity improves performance and outcomes. Journal of the National Medical Association, 111(4), 383-392.
Richard, O. C., Stewart, M. M., McKay, P. F., & Sackett, T. W. (2017). The impact of store-unit–community racial diversity congruence on store-unit sales performance. Journal of Management, 43(7), 2386-2403.
