Impact Of Diversity and Inclusion Management Have on the Productivity of an Organization

Seminar paper from the year 2018 in the subject Business economics - Business Management, Corporate Governance, grade: A, University of Balochistan (Institute of Biochemistry), course: Biotech, language: English, abstract: This study focuses on the effect of inclusion and diversity practices on organisational output and efficiency. The change of the demographics of the workforce by globalization, fluctuations in the economy, and pressure for competitiveness, organizations are management globally paying importance to diversity as a critical business need. This paper looks into the issue of the working teams in organisations cross section by; attitude, language and skill in relation to their contribution to their organisations' productivity. It emphasises that these differences have to be effectively managed in order to promote sharing of knowledge to increase productivity through social interaction. Research on DMP has shown mixed effectiveness that has been stated here, this shows the importance of the organization to accept and manage diversity fully to realize the benefits of diversity. The study also responds to a belief that absence of diversity must reduce organizational performance standards. But, it underscores the importance of that timely, strategically driven focus on, and dedication to, the participation of diversity in improving employee morale, their attendance, and performance, among other benefits that organizations can get. Based on the study it goes further to being evident that wherever minority and diversity are embraced as a policy at the workplace, the magnitude of innovation, effectiveness of decisions made, and performance of business organization is always higher. However, the study also acknowledges the various difficulties of achieving the optimisation of applicants from diverse backgrounds, demanding that managers build a separate strategy for attracting and encouraging the best employees and at the same time, maintain competitive edge.