How globalization is changing innovation | World Economic Forum
A new era of diversity management is upon us. A multi-cultural, global workforce symbolizes a new way of thinking about diversity and inclusion efforts. Whether it is linked with race and civil rights in the U.
For many organizations, the definition of global diversity should encompass an understanding of the differences between countries as well as the internal diversity of each country. Support from top management and clearly communicating the business case for diversity and inclusion practices are also important.
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A diverse workforce alone does not equate to a successful global diversity management program. Inclusion programs and initiatives that bring a heightened sense of awareness and sensitivity to differences often provide employees with tools to overcome the potential challenges associated with diverse, global teams. With a shared mission and common set of values, diverse teams can develop better, more robust ideas and processes based on a variety of viewpoints. And, with increased levels of innovation and an ability to attract toplevel talent, global diversity is a competitive edge.
In addition, Fortune companies with three or more women on their board of directors had better financial performances than those with two or fewer, according to a study from Catalyst. Clearly, a global perspective in diversity and inclusion management is an economic imperative. With the U.
Localisation and globalisation
So, what can a global organization do with diversity dynamics changing so rapidly? Here are some suggestions. Add to Basket.
Book Description Penguin Books Ltd, Condition: Brand New. In Stock.
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Publisher: Dorling Kindersley , This specific ISBN edition is currently not available. View all copies of this ISBN edition:. Synopsis About this title A practical pocket-sized guide to globalisation which will give you the information and skills to succeed Align your business processes, relationships, ethics and strategic goals to make the most of local and global business opportunities.
Handy tips in a pocket-sized format — take it wherever your business takes you.
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