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Management Science Strategy

Management Science Strategy

          
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About the Book

How do you feel about having diverse teams present in the modern workplace?Advantages of Diversity in the WorkplaceI.This design allows each team member to focus on their strengths. If an employer can create diversity in the workplace, then each worker will have their strengths complement those of everyone else on the team. That means assignments can be handed out with greater specificity so that the quality of the work improves. Supervisors aren't forced to guess at who might be the best option for an assignment because each person has a unique skill that they bring to the table. Diversity in the workplace allows for strengths and weaknesses to be spread out so that their effects are maximized and minimized respectively. No matter what the requirements of a project might be, there is someone who can step up to lead the team toward a successful result.II.It increases the number of job opportunities for minority workers. Diversity in the workplace looks at all population demographics when hiring for an open position. That means employers have an opportunity to find the best possible person for a job because they are not limited to a specific group of individuals. This advantage makes it possible to have more women working in society and promotes the hiring of minority groups. It applies at all levels of employment, from the local small business to multinational firms. When everyone has a chance to work if that's what they want to do, then a secondary benefit of this advantage is that it diversifies the wages and productivity of the economy. This process reduces the amount of risk communities face if an unexpected recession were to occur.III. Employers have more chances to cross-train workers and teams. Diversity in the workplace creates teams where each person brings a unique strength to work every day. Individuals can specialize in their career, which means their skills and wisdom can be passed along to other team members. Everyone gets to learn and grow each day because there are higher levels of information exposure thanks to the varying backgrounds and educational opportunities each person accomplished. This advantage also has a secondary benefit that involves cultural awareness. When we can understand the complexities of other ethnicities and perspectives, then it becomes easier to find common ground. This process eventually leads to a higher level of innovation and fewer silos and echo chambers.IV. Companies have access to more talent. When diversity in the workplace is a top priority for an organization, then supervisors and hiring managers can expand their applicant screening processes to include more people. There are fewer restrictions on geographic location, educational accomplishments, or previous work histories. The top priority in the hiring process focuses on the talent and skills of the individual, and then how that person could fit into the team. Instead of trying to hire the best possible candidate from a group of applicants, diversity in the workplace encourages managers to find the best person for the job.V.This perspective can help companies to start growing bigger and faster. Almost 70% of hiring managers in the United States say that the implementation of a diversity initiative was a contributing factor to the growth of their organization. This advantage helps the organization to create new opportunities for existing team members, install new positions, and raise wages as productivity and creativity levels rise to encourage a stronger sales atmosphere. Hiring managers need the tools that can help them to find the best candidates for each person to take advantage of this opportunity. About 90% of supervisors think that the use of cross-border communication allows their company to grow bigger and faster. Nearly half focus on recruiting as a way to improve diversity.


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Product Details
  • ISBN-13: 9798645286644
  • Publisher: Independently Published
  • Publisher Imprint: Independently Published
  • Height: 254 mm
  • No of Pages: 378
  • Series Title: Managment Science
  • Weight: 747 gr
  • ISBN-10: 8645286645
  • Publisher Date: 12 May 2020
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Spine Width: 20 mm
  • Width: 203 mm


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