Managing People For A Competitive Advantage - Essay Example

Download file to see previous pages Every company aims at getting more than their implementation cost and diversity is a very powerful tool which ensures the same when implemented by an organization, this is the only reason why more and more organizations are implementing workforce diversity in their organization. More and more organizations are investing huge amounts of money in workforce diversity in order to keep pace with the customer requirements and customer satisfaction. Workforce diversity often plays an instrumental role in satisfying the needs of a customer. Diversity also provides good social value to an organization and this is another reason why it is implemented. Diversity workforce is pivotal in the success of a company when considered from a perspective of long run; it generates constant cash flow which in turn satisfies the shareholders of a company. This whole process is extremely important for any organization looking to expand or for that matter looking to sustain its growth. Workforce diversity has also become a legal requirement these days, companies have to stick to a policy of non discrimination and recruiting people from diverse backgrounds also satisfies the legal requirements of an organization. Diversity focuses upon the maximum utilization of the resources, the labor market has changed completely these days, it is no longer dominated by the whites, the talent available is huge and if discrimination takes place in an organization it would lead to devastation so implementation of diversity also satisfies a company’s resource requirements. By recruiting people from diverse backgrounds an organization makes sure that no discrimination takes place and the organization utilizes the resources at hand to the maximum extent possible. It is extremely important as a...
This essay sheds light upon recruitment and how recruit affects workforce directly, several real life examples are also used in this essay to prove certain very important points. The essay also discusses several important concepts like recruitment, managing workforce effectively, managing a diverse workforce and its several advantages. Recruitment and workforce are very closely connected, workforce diversity is one very good thing, when employees who come from different backgrounds are selected, the organization prospers and this is how they become diverse but when there is no diversity, the organization has little or no options whatsoever. Everything starts from recruitment; this important point has been highlighted throughout the paper, organizations these days are keen on cutting the dead wood out but all those organizations hardly realize that keeping those employees for all these years has hardly done any good to them, the profits automatically come down. The researcher of the essay also shed light upon the importance of a diverse workforce, employees who are recruited should be recruited by managers who themselves are from diverse backgrounds and this should go on for several years until the organization reaps healthy rewards generated by this healthy practice. To conclude it is very fair to say that recruitment is arguably the most important step, the next important step is to manage a diverse workforce and to optimize the workforce to ensure that the organization attains all its set targets. ...Download file to see next pagesRead More