Diversity in the Workplace Essay

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Introduction

A diverse workforce consists of individuals from a wide range of cultures, standpoints and background is pivotal. Organizations that generate inclusivity within the workplace setting and hearten success amongst all personnel outperform their rivals. Organizations that embrace and implement diversity have better performances in the market. Statistics indicate that for every 1 percent increase in gender diversity, there is an increase in organizational revenue by 3 percent. Furthermore, greater levels of ethnic diversity result in an increase in revenue generated by almost 15 percent. It is also imperative to note that in the present day, progressively more individuals have become cognizant and 67 percent of lively and inactive job seekers assert that when assessing organizations and job offerings, it is imperative to them that the organization has a diverse workforce. In recent times, companies across the globe are outrivaling and taking more initiative with respect to diversity hiring (McSweeney, 2016). One of the major organizations that is managing diversity in an efficacious manner is Accenture.

Diversity Management at Accenture

Accenture have a staunch and resolute dedication to diversity with the objective that each and every one of its workforce has a complete sense of belonging within the company. As a business necessity, each individual at Accenture has the culpability to create and maintain an environment that is inclusive. Notably, inclusion and diversity are imperative to Accenture’s corporate culture and core values. The organization has the fundamental belief that no individual ought to face discrimination simply owing to their differences, such as religion, ethnicity, gender, age, sexual orientation, disability, and gender identity. Taking this into consideration, the company’s extensive level of diversity makes Accenture stronger, in terms of being more inventive, more competitive and more resourceful, which is beneficial in rendering better service to their consumers and communities (Accenture, 2018). I believe that Accenture is managing diversity well as a result of its associated statistics and data. The company’s dedication begins at the highest level. Imperatively, leaders at all levels within the organization are anticipated to aid in the development and nurturing of an inclusive workplace setting. In addition, the organization is dedicated to transparency and setting valiant goals and objectives. Statistics indicate that in the United States, by the year 2020, the company will increase the number of women to no less than 40 percent of its labor force and recruit no less than 5,000 military veterans and spouses. Internationally, the company will accomplish a labor force that is gender balanced by 2025 and ensure that the percentage of female managing directors to 25 percent at the turn of the decade (Diversity Inc., 2018).

The company is on course to accomplishing these goals. Based on the company’s website, in the 2017 financial year, Accenture added more than 1,800 personnel hailing from diverse background, a significant increase from 1,000 employees the previous financial year. The company also increased the number of women in the labor force by 1 percentage to 37 percent, making advancement towards the objective of at least 40 percent women in the workforce by 2020. Furthermore, the company employed 750 veterans and military spouses, which saw the company go beyond its halfway mark in the objective of employing 5,000 of them by 2020. What is more, roughly 2,300 individuals who have identified themselves as being persons with disabilities signify approximately 4.

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5 percent of the labor force (Accenture, 2018).

There are different kinds of diversity programs or initiatives that Accenture currently has and operates. Accenture has developed international training programs that comprise of diversity awareness, diversity management, and professional development.

Diversity Awareness

This program is means to assist people to comprehend the benefits of working with a diverse organization. At the core of Accenture’s endeavors is hearing out its workforce and encouraging them to comprehend and revel in their dissimilarities. In recent times, the company published an audiovisual that was titled “Inclusion Starts With I”. Notably, this video comprised of individuals who honestly shared their feelings and perspectives regarding inclusion. This audiovisual was a significant aspect as it inspired a movement and instigated open deliberations and dialogue amidst the company’s people, associates, families and consumers regarding the significance of a constructive, inclusive work setting (Diversity Inc., 2018).

In its diversity awareness program, Accenture has conducted research and reports to help individuals understand the advantages of working in tandem with a diverse and inclusive organization. The most recent Getting to Equal research undertaken by Accenture demonstrates that generating an organizational culture of equality unravels women’s potential and reveals the fundamental drivers of a workplace culture where each and every individual can progress and prosper. Findings from the report show that in organizations with a culture of equality, a woman is likely to rise four times more and a man is likely to rise two times more. In addition, statistics indicate that women could earn 51 percent more in an organization that is diverse and inclusive and that 95 percent of the population will be satisfied with their career path in such an organization (Accenture, 2018). In the same manner the report undertaken by the company informs people that there is strength in pride in support of LGBT populaces. Notably, new outcomes demonstrate that generating a culture of equality aids LGBT professionals to prosper. More specifically, in firms where the aspects are most common, they are 1.5 times more likely to progress their careers to a managerial position or even higher. There is also a 3 times more likelihood of advancing to senior managerial role or higher (Accenture, 2018).

Diversity Management

The main objective of this global program is to equip senior managers and executives to manage diverse teams. The determination and goal of Accenture is to become the most inclusive and diverse organization across the globe. The corporation espouses diversity as a foundation of invention, creativity, and competitive advantage, driven by its conviction that diversity makes it stronger. The company’s dedication begins at the highest level. Imperatively, leaders heading the company at all….....

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Barak, Findler & Wind (2001) expand the definition of diversity in the workplace. Personality diversity is linked to perceptions of fairness, social support networks and access to power, stress and stress management, and organizational commitment. Many personality trait differences transcend both culture and gender, with implications for achievement of organizational goals. The researchers conduct several empirical studies using convenience samples and questionnaires to yield quantitative data. Ultimately, the research shows that inclusion is strongly linked to organizational commitment, as are the other variables like stress. The implications are that different personalities can work together to achieve organizational goals when… Continue Reading...

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