Two topic Research Paper Example | Topics and Well Written Essays - 1500 words

Two topic - Research Paper Example Various professionals have delved into the major elements that paved the way for diverse organizations to excel among the rest. According to Greenberg (2006), diversity is defined as â€Å"the variety of differences between people in an organization†¦Diversity encompasses race, gender, ethnic group, age, personality, cognitive style, tenure, organizational function, education, background and more† (par. 1). In a related literature, Esty, Griffin & Schorr-Hirsh (1995) cited Green, Lopez, Wysocki & Kepner (2009) as providing an appropriate definition of the term by indicating that diversity is â€Å"acknowledging, understanding, accepting, valuing, and celebrating differences among people with respect to age, class, ethnicity, gender, physical and mental ability, race, sexual orientation, spiritual practice, and public assistance status† (Esty, et al., 1995, par. 4). The definitions emphasize the encouragement and acceptance of people from an array of backgrounds dee med to provide instrumental benefits for the intricate needs of organizations. As averred by DiTomaso (1999), several factors contribute to diversity in the workplace, to wit: â€Å"(a) the changing demographic structure of the U.S., (b) the increased importance of globalization to profits and long-term survival in many companies, and (c) changes in the structure of how work gets done† (DiTomaso, 1999, p. 1). Due to the variety of influencing elements that interplay, organizational leaders recognize the need to manage diversity to ensure that it works towards the achievement of organizational goals. Managing a diverse workforce should encompass effectively integrating managerial functions in terms of planning, organizing, directing and controlling diversity in the organizational setting. B. Examples of Current Applications Contemporary successful organizations have attested the incorporation of diversity in their organizational policies. From among the most prominent and acti ve in its implementation and application of diversity is Walmart. The official website of Walmart boasts of methods that â€Å"implement initiatives to attract and retain a diverse workforce, including recruiting from colleges and universities with large multicultural populations. We also provide associates with on-the-job training, leadership seminars, and direct access to job opportunities through our Career Preference System† (Walmart: Diversity, par. 2). The personnel profile of Walmart reveals that â€Å"more than 850,000 of our associates are female and make up 59 percent of our U.S. workforce. 35 percent of our associates are minority: 249,000 African Americans, 171,000 Hispanics, 42,000 Asian Americans, 6,000 Pacific Islander Americans, 15,000 American Indian and Alaska Natives, and 430,000 associates 50 and over† (Walmart: Diversity Report, 2009). Another corporation that actively applies diversity in their organization is HSBC that â€Å"invites, embraces an d manages difference in the changing workforce to gain the best from its people and to provide the best service to its customers. It encourages the breaking down of barriers of the past to look at things in a new way, to find effective business and customer solutions. In such organizations diversity is regarded as a competitive differentiator, in both employment and customer