Gwen is a junior member of the Kaledioscope Corporation, a large global company operating in 28 countries around the globe. Gwen’s responsibilities include both business operations and human resources (HR) functions. She has observed that her organization could really grow if they had a stronger plan to leverage diversity. What business case can Gwen make to convince her CEO, CFO and fellow executives to invest in diversity management?
What will be an ideal response?
Key points from text: “The benefits include (a) cost savings due to lower turnover of employees, less absenteeism, and improved productivity; (b) winning the competition for talent by being more attractive to women, minority groups, and diverse workforce members; (c) driving business growth by leveraging the many facets of diversity, such as marketing more effectively to minority communities or to senior citizens; (d) improved corporate image with a positive impact on the company’s stock valuation; and (e) reaping the benefits of an increasingly global marketplace by employing workers from different nationalities in or outside their native countries”
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