What advantages diversity can bring to an organisation?

Answer 1

government funding and lawsuit prevention.

If you higher the same quality of employees with the same qualifications it does not really matter on their race and sex you will end up with the same results. So other then to get bids for government contracts and prevent anti discrimination lawsuits there is no benefit.

Though the bids and lawsuits don't matter on diversity they just matter on women and minorities. If you had a company that was all females of the same minority even though they are not diverse at all it would meet the the criteria that let you bid higher owned by a woman, owned by a minority, over a certain percent minority, and over a certain percent women.

How ever if you lower your standards and higher less qualified individuals or people with bad work histories just to get diversity you will have less qualified people and it will hurt the organization.

If you are talking about product or idea diversity though those are benefits. For example an electrical engineer may look at a problem different from a mechanical engineer so it is important to have a diverse skill set. Also if you are a company that makes more then one thing when one market hurts you will not go under and the other parts can make up for it.

Answer 2

Would you prefer a bowl of fruit with just apples or a colourful array of different fruits to choose from which adds dimension, variety, etc. This is the same with people, everyone has something different to offer based on their culture, race, experience, sex, age etc. E.G. No one understands the obstacles faced by a wheelchair user better than a wheelchair user. There is alot of value in diversity

Answer 3

The power of drawing customers from different ethnical background which not only will increase customer base but make customer more comfortable in dealing with the employees

Diversity will bring about a strong probability that a variety of languages are spoken in your organization thereby drawing customers from different races.

Put that in your own words.

Answer 4

Is this a homework question, or are you genuinely interested for your own small business? Diversity brings new ideas, fresh energy and motivation, new ways of working.

Answer 5

What do you mean by diversity? Do you mean a diversity of ideas? If you do then the answer is obvious.

Answer 6

if one area fails the others can pull it through.or absorb the loss.

Answer 7

it gives more choice if ur talkin bout products and if its bout manpower then it reduces cross cultural differences.