This week, you have learned about the strategic value of diversity and inclusio

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This week, you have learned about the strategic value of diversity and
inclusion. You also have learned about the differences both diversity
and inclusion play in allowing an organization to embrace its
significance.
s the VP of HR, you will prepare a written report for the executive
leadership team of an organization of your choice. In your paper, you
will complete the following:
Discuss the significance of the term diversity.
Discuss the significance of the term inclusion.
You will discuss the strategic value that diversity and inclusion (D&I) will bring to the organization.
You will also give 3 to 4 examples of how D&I improves innovation, creativity, and better problem-solving capabilities
Support your assignment with at least three scholarly or professional
resources. In addition to these specified resources, other appropriate
scholarly resources, including seminal articles, may be included.
Length 5-7 pages not including title and references pages
Include 3 scholarly resources
Your assignment should demonstrate thoughtful consideration of the ideas
and concepts presented in the course by providing new thoughts and
insights relating directly to this topic. Your response should
reflect scholarly writing and current APA standards.
Info:
Defining Diversity and INclusion
Many of the best organizations in the world are challenged to implement diversity and
inclusion initiatives. Diversity and inclusion become even more
imperative for organizations that operate in the global market place.
According to the Harvard Business Review (2018), seven emerging
economies, India, China, Mexico, Brazil, Turkey, Indonesia, and Russia,
are expected to contribute almost half of the global GDP growth during
the next decade. Hence, the most successful organizations of the future
will be global organizations. For organizations to efficiently expand
within these global economies, they must adopt and implement a strong
diversity and inclusion.
However, what constitutes diversity and inclusion? According to Parsi
(2019), diversity and inclusion are the organizational activities that
create opportunities by leveraging the unique characteristics and
backgrounds of all employees to the contribution of the organization’s
success. During this course, you will further explore this definition as
the weeks unfold, but at least you have a general sense of what
diversity and inclusion embody.
When you think about the diverse customer base that so many
organizations serve, it only seems logical to have an employee base that
is also diverse to efficiently meet the needs of its customers. A
benefit of diversity is that it allows an organization to capture new
markets. For example, an organization that appeals mainly to men may
find a unique opportunity that could also appeal to women and thus hire
more women to better understand this underserved demographic. Second,
diverse perspectives create a catalyst for new ways of thinking. For
example, placing employees with diverse backgrounds and ethnicities into
leadership positions can help an organization develop new ways of
reaching diverse populations.
In this section, you will review the importance that an organization
plays in the organizational structure. You will also examine the four
dimensions of diversity and inclusion. Lastly, you will review diversity
and its impact on the various levels of the organization.
References:
Harvard Business Review (2008). Winning the race for talent in emerging markets. Harvard Business Review.
Parsi, N. (2017) Workplace diversity and inclusion gets innovative. SHRM.
The Importance of Diversity
According to SHRM (2017), diversity is “the similarities and
differences between individuals, accounting for all aspects of one’s
personality and individual identity.”
In the past, many organizations viewed diversity as a legal
obligation. However, this belief has changed in today’s culture;
organizations now consider diversity as a strategic asset. The value
that diversity brings to an organization expands the range of
perspectives and modes of thinking. This value spills into areas such as
potential rewards, creativity, greater innovation, and problem-solving
capabilities that can ultimately provide an organization with a unique
and competitive advantage. Moodian (2009) describes the strategic value
of diversity as “capturing talent, understanding markets, utilizing
diverse perspectives for innovation, knowing how and how not to pitch
products, and, ultimately, how to generate employee commitment.”
Inclusion, according to SHRM, (2017), refers to “the extent to which
each person in an organization feels welcomed, respected, supported, and
valued as a team member.”
This definition offers insight as to how organizations can turn
diversity and inclusion into a strategic asset. Many companies believe
it is wonderful to have diverse perspectives; however, if the workforce
is not encouraged to share these perspectives, then the strategic value
of diversity and inclusion is stifled. Diversity and inclusion only
occur when everyone in the organization can value one another’s
differences.
In essence, diversity asks the question: “Who should you bring into
the organization?” And inclusion asks: “In what ways do you make them
feel welcomed to express themselves?”
As you can see, diversity and inclusion are two halves of the whole.
Value is gained by allowing everyone—employees, customers, management,
collaborators, and prospects—to feel that they are included and accepted
and have value within the organization. This view discourages the “us”
majority, and the “them” minority perspective.
Be sure to review this week’s resources carefully. You are expected
to apply the information from these resources when you prepare your
assignments.
References:
Moodian, M. A. (Ed.) (2009). Contemporary leadership and intercultural competence: Exploring the cross-cultural dynamics within organizations. Los Angeles, CA: Sage.
SHRM (2017). Introduction to the human resources discipline of diversity.
Be sure to review this week’s resources carefully. You are expected
to apply the information from these resources when you prepare your
assignments.

 

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