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Company Analysis - Research Paper Example

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Diversity planning is focused on creating measurable ways that can help in supporting strategic business direction, objectives, and the goals of the organization. Workforce diversity has continued to be a key focus for many organizations. The organization’s workforce for…
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Company Analysis
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Company Analysis

Download file to see previous pages... In U.S., diversity was not seen as an integral part of planning previously.
Diversity initiatives in most businesses processes lacked specificity, were poorly conceptualized and had no link to the business strategic plans. However, in the U.S business operations today, managers and leaders have realized that diversity planning must be aligned with the business operational decisions. This is to ensure that the businesses become successful (Richard Sánchez, Sánchez-Runde, and Luciara Nardon, Pg.18).
Some of the U.S owned business organizations, most particularly the Macy’s company, have adopted a number of planning diversity practices in the business world. Such practices are illustratively discussed as follows. Diversity strategic plan is generally referred to as A-One Strategic Plan. The business builds and manages a workforce which is truly diverse. This is done by strategic planning of diversity through its core values of respect to the individual’s dignity, trust, integrity, credibility, personal renewal and continuous improvement. The business organizations use BWF (Balanced Workforce Force) strategy which is a strategy that all-encompassing.
The strategy guides the organization in various situations and also covers the all the populations of employees. The strategy sets a 10-year annual target on goal plans for the business. Through the strategy, the managers are held accountable for upward employees’ mobility. BWF ensures that when layoffs occur, then the members of one group in the organization are not disproportionately affected in comparison with other member groups (Richard Sánchez, Sánchez-Runde, and Luciara Nardon, Pg.23).
Another diversity strategy used by U.S Macy’s company business entails the continuous business improvement through the development and engagement of people. In this strategy, the business develops six ...Download file to see next pagesRead More
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