Effects Of Cultural diversity
The concept of cultural diversity has a very wide scope and is being practiced by people and organizations all over the world. Broadly this idea includes hiring people of diverse races, different religions and promoting the entry of working staff from different countries. Although the practice of this concept has gained momentum in the past few years, but its existence is quite old and cultural diversity continues to live all around us. It exists in different communities and households, from small suburbs to big cities and that too all through the world. Diversity is an element of the society and has now become an important part of businesses as well. The many benefits of cultural diversity include: Cultural diversity is having different cultures respect each others differences. It could also mean the variety of human societies or cultures in a specific region, or in the world as a whole. It differs from multiculturalism in that multiculturalism is usually associated with the organizational promotion of multiple cultures whereas cultural diversity is a recognition of the diversity in cultures Promotes humanistic values.
When an organization has a group of employees belonging to diverse cultures, it demonstrates that the organization recognizes and celebrates and commemorates the diversity that exists in people of different backgrounds. It makes the people of the organization think that their value and worthy contributions are being realized by the organization and the management. Improves productivity and profitability.
Apart from these humanistic values, cultural diversity also brings some tangible benefits to the businesses all over the world. Active persuasion of diversity at the workplace directly impacts productivity and profitability of the organization as well as the employees. There is an enhancement of productivity of the workers and profitability for the organization. Cultural diversity makes our country richer by...