Workplace Diversity The Visible Or Invisible Differences...

Workforce Diversity defines the visible or invisible differences among employees of an organization and could be divided in to three major components such as Primary, Secondary and Organizational and Community. Factors such as Age, Gender, Sexual Orientation, Ethnicity represents Primary while Appearance, Educational Background, Marital Status, Work experience represents Secondary and Job position, Specialization, Nationality, Life stage represents Organizational and Community. In recent years, organizations spend more in diversity management as most of the organizations consist with employees from different backgrounds. Further, diversity in an organization is a significant factor that may affect the performance of an organization positively or negatively. For example, it can create innovation, empowerment, information sharing, and productivity when well managed and can cause discrimination, power play, miscommunication and control when managed poorly. This essay summarizes five articles including a base article that will link workplace diversity to organizational performance and then will compare the agreements and disagreements of the articles. Prieto, Phipps and Osiri’s (2009) has investigated a previous research of how workplace diversity influences on organizational performance and has outlined the potential be nefits and problems of diversity. The main objective of the authors is to provide a conceptual framework that would allow practitioners and scholars to designShow MoreRelatedAn Introduction to Organizational Behavior1638 Words   |  7 Pagesmotivation and perception ï  ® group: teams, communication, job design, and leadership ï  ® organization-wide: change, culture and organizational structure ï  ® interorganizational (network): outsourcing, organizational networks, strategic alliances and mergers - interdisciplinary roots ï  ® psychology: work teams, work motivation, training and development. Power and leadership, human resource planning, and workplace wellness ï  ® sociology: group and intergroup dynamics, roles, norms and standards of behaviorRead More Female Executives Essay2948 Words   |  12 Pagesstymied in their entrance to top level positions, accounting for less than five percent of women holding executive positions. The lack of progress can be attributed to the glass ceiling, an invisible barrier to advancement based on attitude or organizational bias. Increasingly, individuals in many organizations are recognizing the importance of shattering the glass ceiling and removing barriers that prevent women from utilizing their full potential. Dismantling the glass ceiling requires these keyRead MoreManaging Cultural Diversity6595 Words   |  27 PagesARTICLES What is managing diversity and why does it matter? 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Murrell1 University of Pittsburgh Erika Hayes James University of Virginia This introduction reviews some of the key issues that have been studied by researchers focused on gender and diversity in organizations. Issues such as discrimination, afï ¬ rmative action, barriers to career advancement, and sexual harassment at work are discussed. Although the study of gender and diversity in organizations has expandedRead MoreThe Impact of Path-Goal Leadership Styles on Work Group5648 Words   |  23 Pagesorganizational performance and enhance work group effectiveness to drive competitiveness and curtail the cost of employee turnover. The diversity of many work groups in the U.S. creates potential benefits and challenges for their leaders. Using data gathered from a manufacturing facility in southeastern U.S., this study examines how Path-Goal leadership styles, diversity, work group effectiveness, and work group members turnover intention are related. Although all three Path-Goal leadership styles demonstratedRead More Managing Ethnic Diversity in the Workpla ce Essay3696 Words   |  15 PagesDiversity as an issue is new. It became an issue when three powerfully significant trends reached their own critical points at about the same time (Fernandez Barr, 1993): The global market in which American corporations must now do business became intensely competitive. The makeup of the U.S. work force began changing dramatically, becoming more diverse. Individuals began to increasingly celebrate their differences and become less amenable to compromising what makes them unique. This inclinationRead MorePran Rfl Company2438 Words   |  10 PagesTo prepare this report we have followed informal questionnaire. In the report we discuss about Company overview, literature review, Business strategy of the PRAN Food and Beverage, relationship between business strategy and HR practices of the organization, influence of business strategy various HR practices .PRAN encourage their employee to take part in opportunities and programs that will add to their aptitude to bring value and ensure further augmentation and achievement for themselves and the

The Y2k Catastrophe And Its Effects On Society - 1450 Words

The Y2K Catastrophe In The midst of a rising industrial climate, the 1990s was a time for change and expansion. On December thirty-first, 1999 nearly every developed nation in the world anticipated the oncoming new millennium. After strike of midnight, January first, 2000 a forecasted event would take place, and many in the world were anxious to comprehend the supposed inevitable. The occurrence of the Y2K scare changed the way the world revolves around technology during the time period, which has lasting residual effects on society. The fear that drove society and a complete farce was the idea that everything on which the modern world relied would simply come to a halt at the turn-of-the-century. This contemporary concern of the time over technology caused an alarming dissonance between people s daily realities and the threat of an impending apocalyptic future. At the height of computer development, for convenience purposes, digital programmers used two digit codes in place of the years. For example, instead of writing 1986, computer engineers simply dated programs with 86, the â€Å"19† was left out purposefully. Engineers compressed data usage to save storage, which at the time was very costly and took up unnecessary space. Eventually these programmers realized that once the year 2000 comes around then, the dates would revert to â€Å"00† which computers will assume to be 1900. A simple date change to humans would equal a major blunder to a computer. This glitch held theShow MoreRelatedEssay about The Destructive Nature of Technology2066 Words   |  9 Pages   From that first day that man discovered fire, the human race has continued its never-ending search to accomplish tasks in the most expedient manner possible. Society has decided that technology can be used to solve most of its immediate problems. This quest has bro ught us many useful things such as the telephone, the automobile, the oven, the CD player, etc. and has made living a little more enjoyable. If that were all, there would be no need to even mention these facts other than to advertiseRead MoreCrisis and Emergency Management15250 Words   |  61 Pagesinstrumental for efficient crisis and emergency management. I am confident that you will find this guide a path-breaking contribution to our ongoing journey to make the Public Service of Canada an institution recognized for its value-added to the Canadian society. I would like to thank the Roundtable’s Chair, Andrà © Gladu, former Deputy Minister of Canada Economic Development, for his commitment and leadership. I also applaud the invaluable contribution of the Roundtable members who volunteered their time andRead MoreTrends in Workplace17940 Words   |  72 Pagescommunications departments. Leadership development Leadership development is, arguably, the most critical issue faced by organizations today. While there is no shortage of other critical issues for business leaders--ranging from global economic crises, the Y2K problem, finding qualified workers in a tight job market, and keeping up with rapid shifts in technological advancements--none of these problems can be successfully addressed and resolved without the benefit of thoughtful, creative, and visionary leadersRead MoreManaging Information Technology (7th Edition)239873 Words   |  960 PagesAffiliates program at the Kelley School of Business at Indiana University, the EDS Corporation, British American Tobacco, SAP-America, Teradata Corporation, the Center for Information Systems Research at MIT’s Sloan School of Management, and the Society for Information Management (SIM). Our deep appreciation goes out to the reviewers of the sixth edition, who helped make the seventh edition better: T.C. Bradley, III, Indiana University; Chiang-Nan Chao, St. John’s University; Abbas Foroughi, University

Armchair Economist book report Essay - 1090 Words

Economic theories are as wide as an economists vision to think. In the Steven Landsburg book The Armchair Economist - Economics and Everyday Life, Landsburg takes many of these economic theories and relates them to everyday type scenarios and makes them understandable to a beginning economist. He breaks his book into six sections each relating to different types of economics, from personal to national theories. Landsburg talks about the power of incentives in his first chapter. What he is referring to is how incentives drive peoples decisions to do things in life. He makes an analogy that Seatbelts kill. This statement refers to the added protection one gets from wearing a seatbelt, which will entice someone†¦show more content†¦price their tickets too high chances are they may not sell out and also limit the number of consumers who are capable of purchasing these tickets. Pricing a ticket correctly can also lead to sales of more tickets and additional products. With buying a ticket at a reduced price leaves the fan with more money (consumer surplus) to purchase more items, possibly cd?s, shirts, posters etc. Although taxes are a necessity in American society Landsburg discusses how they are bad in relation to the economy. He explains how ?Deadweight loss? is costly to both the consumer and the seller. These taxes tend to take money out of the economy and make it less efficient. There are a number of different ways to look at deadweight loss. Everyday we as consumers have to deal with this Deadweight loss. When we go to buy gasoline (which by the way is ridiculously priced right now) there are many taxes that have been imposed on each gallon. These taxes restrict us consumers from taking that money and spending it on something else that we would much rather have or need. Another way the economy experiences this deadweight loss is in the mere fact that consumers may not purchase and item due to the overall cost with the tax. A consumer may be willing to pay 5.00 for a burger but with the tax it takes the total cost to 6.00. The consumer does not buy. This in turn takes that money out of the economy for the moment.Show MoreRelatedEthics And The Corporate World2649 Words   |  11 Pagesand balances that are supposed to, as he writes, â€Å"keep a company from running amok . . .† (Sloan 18). In short, company executives have a moral and legal responsibility to keep their books and records honestly (Sloan 18). Outside auditors – in this case, Arthur Andersen – are supposed to ensure that financial reports meet strict regulations and provide an accurate picture of what is going on (Sloan 18). Wall Street analysts are supposed to analyze company numbers properly (Sloan 18). And one mainRead MoreMarketing Strategy of Ikea Malaysia3764 Words   |  16 Pagesthe factories to the stores cheaper, it also allows customers to transport most of their shopping with their own cars. Adding to that, they stack as much as possible to reduce storage space during and after distribution in the logistics process (Economist, 1994: 101). As described by Kippenberger (1998), IKEA’s philosophy is simple; we do our â€Å"bit†, you do your â€Å"bit†, and together we save money. Therefore, customers also contribute in keeping the low price by doing a little bit of work serving themselves;Read MoreThe Role of Ict in Banking Operations13419 Words   |  54 Pagesa consolidation plan designed to reform and grow capacity in the Nigerian banking industry in July 2004. The implementation of this consolidation plan brought to an end the kind of banking services rendered by the first generation banks known as â€Å"armchair† banking which is premised on the belief that customers will keep on coming irrespective of quality and quantity of services. 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International Business Management and Capital †Free Sample

Questions: 1. Foreign direct investment (FDI) occurs when a firm invests directly in new facilities to produce and/or market in a foreign country. FDI may take the form of Greenfield investments (i.e., the establishment of a new operation in a foreign country) or mergers with/acquisitions of existing firms in the foreign country. Please answer the following questions regarding FDI. Discuss the benefits and costs (inward) FDI offers/imposes on host countries. Discuss the benefits and costs (outward) FDI offers/imposes on home countries. Likewise, address some of the home-country and host-country policy options for encouraging/restricting outward and inward FDI, respectively. 2. If a firm is changing its strategy from an international to a transnational strategy, what are the most important challenges it is likely to face in implementing this change? How can the firm overcome these challenges? 3. You are working as a general manager for the headquarter organization of Toyota in Japan. The firm has recently opened operations in the emerging market of Argentina. You have been asked by the CEO to recommend someone from your department to send to the firms subsidiary there. What aspects would you need to consider in identifying the right person for the job? Moreover, how would you prepare the selected individual for this overseas assignment? Discuss. 4. In a world of zero transportation costs, no trade barriers, and nontrivial differences between nations with regards to factor conditions (i.e., resources such as land, labour, and capital), firms must expand internationally if they are to survive. Discuss. Answers: 1. Benefits and Costs of Inward FDI on Host Countries The four important benefits of FDI for host countries are effect of resource transfer, effect of added employment, balance of payment effects and impact on economic and competition. Management, capital, technology are the effect of resource transfer. The MNEs and local suppliers create direct and indirect jobs. Current account surpluses and deficits are occurred as a result of balance of payment effects (Dowling et al., 2009). The costs include loss in economic independence, importing of things by subsidiaries (foreign) and outflow of earnings. Benefits and Costs of Outward FDI on Home Countries The benefits include creating demands in exports, new jobs in the field, more foreign earnings, providing benefits to consumers at lower prices, higher value activities of resources and employees and gathering knowledge on operation on a foreign location. The costs include loss in the local jobs and loss of trade balance due to exports. Home Country and Host Country Policy Options Home country policy includes tax incentives, capital assistance and political pressure on companies. Other policy options include prohibiting companies while investing in particular countries. Host country policies include loans with low interest, subsidies, tax concessions, etc. 2. Strategies of internalisation are also known as globalisation. Strategies of globalization are different from transnational strategies. It can be related to the concept of glocalization. There are certain things that internalization or globalization strategies consider. However, if a company changes its strategies from globalization to transnational, then it will face problems both at organizational level and at global level (Dowling et al., 2009). The values of their products to the customers are also changing. It can create a change in perception of the customers towards the particular brand. Transnational strategies must have different sets of goals to the community as well as to the company. The company can also face in the management issues of the subsidiaries that are present in the different foreign locations. The challenges can be overcome by planning the transnational strategy in a particular time in a way so that they can be implemented in the right time. A proper channel of communication is being maintained so that the companies can take necessary action in the challenges faced by them in the marketplace as well as in the organizational level. In many cases, new transnational strategies must be formulated to mitigate the gaps created due to change. 3. The company is headquartered in Japan. In its Argentina operations, one employee must be chosen so that he can successfully fulfil the requirements of the Argentina branch. There are different types of assignments that companies have in their subsidiary branches. They are traditional assignments and short-term assignments. If the operations of Argentina branch fall under traditional assignments, then some considerations are there that the management of Toyota have to emphasize. The considerations are development of management, filling various positions in the skill gap, organizational development, managerial control, etc. While selecting the desired candidate for sending him in Argentina branch, some factors will be considered such as cross-cultural stability, technical ability, language, requirements of the MNE (Toyota), family requirements, etc. The candidate should be trained in a way so that he can get a detailed idea about the project or assignment he will be handling in the foreign location. The measures of effectiveness should be communicated to the candidate so that he will not face any issues in handling problems (Dinnie, 2015). 4. In the world of globalization, a country cannot produce its own required goods and services of its own. Every country is depended on products of other countries to provide the necessary goods to its people. Hence, export import of goods is a common practice in the field of business (Peterson et al., 2012). Now the concept of free trade and zero transportation cost is valid all over the world. Hence, it is very easy for the countries to trade with other countries. Compared to previous situation, the legislations of governments of the countries are flexible enough so that they can also take advantage from the host country (Wild et al., 2014). Firms can expand their operations, easily by considering some factors. International human resource management is common practice that are followed by many domestic companies in order to expand their operations in the target foreign countries. Proper selection of entry modes along with PESTEL analysis is to be conducted by the companies while penetrating into foreign markets. References Dinnie, K. (2015).Nation branding: concepts, issues, practice. Routledge. Dowling, P., Liesch, P., Gray, S. and Hill, C.W., (2009). International business. McGraw-Hill Australia Pty Ltd. Peterson, M. F., Arregle, J. L., Martin, X. (2012). Multilevel models in international business research.Journal of International Business Studies,43(5), 451-457. Wild, J., Wild, K. L., Han, J. C. (2014).International business. Pearson Education Limited.