MGC1010 Lecture Notes - Lecture 8: Competitive Advantage, Outsourcing, Reward System
15 Jun 2018
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SOCIAL INCLUSION
Diversity – differences in race, gender, age, ethnics, etc.
Inclusivity – the degree to which the organisation is open to anyone who can do the job, regardless
of their diversity attributes
The est ogaisatioal ultues i this sese are inclusive, because they value the talents, ideas
and creative potential of all members
BUSINESS CASE
• Key difference between diversity and equal opportunities
• The concept promoting equality makes good business sense
o Reflects potential market
o Competitive advantage
o Attracting best talent
o Reduce discrimination costs
• Limitations
o Often reactionary – often triggered by a problem
o Situated within a rationalistic framework
▪ Duncan argues that younger workers can be viewed as cheaper and are
attached to lower insurance premium
o Potential clashes with ideologies
SOCIAL JUSTICE CASE
• Situated upo oal piiples of faiess ad euity i a iilised soiety
• Employers have a social duty to prevent inequality in their organisations
• Base on respect and knowledge
• Limitations
o Legal moral justification
▪ Moality osist of hat is the ight this to do
▪ Law is the civic codification of public conceptions of morality
▪ Moal stadad dot hage, ut la a
o Juxtaposition with business agenda
o What if preventing inequality in organisations cost business?
GLOBALISATION THESIS
• Policies must reflect global dynamics of work
• Competition and opportunity on a transnational and international scale
• Multicultural teas now the norm
• Outsourcing both financial reward an ethical challenges
• Limitations
o What if ustoes/eioet dot dead it
o What if it doest apply
find more resources at oneclass.com
find more resources at oneclass.com
Document Summary
Diversity differences in race, gender, age, ethnics, etc. Inclusivity the degree to which the organisation is open to anyone who can do the job, regardless of their diversity attributes. The (cid:858)(cid:271)est(cid:859) o(cid:396)ga(cid:374)isatio(cid:374)al (cid:272)ultu(cid:396)es i(cid:374) this se(cid:374)se are inclusive, because they value the talents, ideas and creative potential of all members. Business case: key difference between diversity and equal opportunities, the concept promoting equality makes good business sense, reflects potential market, competitive advantage, attracting best talent, reduce discrimination costs. Limitations: often reactionary often triggered by a problem, situated within a rationalistic framework, duncan argues that younger workers can be viewed as cheaper and are attached to lower insurance premium, potential clashes with ideologies. Social justice case: situated upo(cid:374) (cid:373)o(cid:396)al p(cid:396)i(cid:374)(cid:272)iples of fai(cid:396)(cid:374)ess a(cid:374)d e(cid:395)uity i(cid:374) a (cid:858)(cid:272)i(cid:448)ilised so(cid:272)iety(cid:859, employers have a social duty to prevent inequality in their organisations, base on respect and knowledge.
