BSB115 Lecture Notes - Lecture 12: Equal Opportunity, Respect Diversity
Diversity
- Different thoughts/perspective
- Different values/norms/ways of doing things and expect it’s the right thing to do
- Roughly 1/3 of Australia’s population speaks two languages
- Resistance is existent at a social level
- Smaller business best use diversity (lead the charge)
oGets resistance from local communities
- What is fair? What is equitable?
- Provides insight into how different cultures use different products
oParticularly organisations who are worldwide
- Your workforce should be as diverse as your customer base
- Performance
oHigher levels of diversity lead to higher levels of performance in organisations
- Companies who implement gender diversity are 15% more likely to outperform others
- Companies who implement ethnicity are 35% more likely to outperform others
oLower turnover (people leaving the organisation)
oLess costs to replace employees
oPeople want to work for them
- Training processes create the change in diversity
oManaged a lot through HR management
- Diversity is differences identifiable among members of the workforce
oSounds broad
oIs purposefully broad
- If diversity is not accepted in organisations, it will not last
- ‘Telling strategically, backing up culturally’
- Embedded new ways of doing things and thinking into the workforce
- Managing diversity
oComprehensively developing a work environment that is for everyone
oInternal environment has to support diverse individuals to reach their full potential
Business are investing in people so their organisation can make profit
oDiscrimination and fairness paradigm (assimilation approach)
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Document Summary
Different values/norms/ways of doing things and expect it"s the right thing to do. Roughly 1/3 of australia"s population speaks two languages. Smaller business best use diversity (lead the charge: gets resistance from local communities. Provides insight into how different cultures use different products: particularly organisations who are worldwide. Your workforce should be as diverse as your customer base. Performance: higher levels of diversity lead to higher levels of performance in organisations. Companies who implement gender diversity are 15% more likely to outperform others. Companies who implement ethnicity are 35% more likely to outperform others: lower turnover (people leaving the organisation, less costs to replace employees, people want to work for them. Training processes create the change in diversity: managed a lot through hr management. Diversity is differences identifiable among members of the workforce: sounds broad, is purposefully broad. If diversity is not accepted in organisations, it will not last. Embedded new ways of doing things and thinking into the workforce.
