Diversity in the work force. HR Essay Example | Topics and Well Written Essays - 750 words

Diversity in the work force. HR - Essay Example (Hubbard) In the modern business context, it is widely considered that the existence of diversity at the workforce and the effective management of such help in augmenting the profit position of the companies. It is seen that the diversified workforce helps in formulating strategies for marketing activities. Moreover, the diversified workforce also helps in citing effective problem-solving techniques. The diversified workforce group also enables the organization to innovate newer products and processes. The above facts are dealt with in an elaborative manner. (Hubbard) The modern practice of trade and commercial activities reflect the effect of globalization in them. It is because due to the restructuring of the communication industry the world has been reduced to a global village. Moreover, the opening up of the markets has led to the business organizations to cater to a large number of customers spread throughout the world. The global image brought about in the firms has greatly helped in increasing of sales and revenue due to widespread business expansion. The Japanese Car Manufacturing companies are becoming conscious of the fact that in United States the women consumers in the automobile segment are fast increasing. Again, the industrial sector focusing on the consumer goods segment is also widely conscious that American population is gradually being filled up with immigrants from several Asian and Latin American nations. Thus, a general advertisement or marketing strategy made for a product or service in America lapses in drawing proper atte ntion from the diversified American population. (Hubbard) The enhancement of the performance parameters of the firm based on revenue generation and profitability is increasingly related to the increased participation of the diversified workforce in problem-solving exercises. It is found that the workforce consisting of people coming