There are a number of reasons having a diverse workforce is important. Studies have shown a key...

Question

There are a number of reasons having a diverse workforce is important. Studies have shown a key benefit of diversity is improved organizational performance. One study compared decision-making between teams with ethnic diversity and teams without ethnic diversity; results revealed the diverse team’s decisions were 58% better than non-diverse teams (Levine et al. 2014). Another study looked at gender and discovered shifting from an all-male or all-female office to one split evenly increased revenue by 41% (Ellison & Mullin, 2014). Additionally, research has shown job seekers are more attracted to organizations that invest in diversity (Madera & Dawson, 2016).

In the video “The Importance of Diversity in the Workplace” Debbie Story, Sr. VP for Talent Development and Chief Diversity Officer at AT&T, and Steve Bucherati, Chief Diversity Officer at The Coca-Cola Company, discuss why their organizations are committed to diversity and inclusion and the reasons it is so important to their company’s success.

Once a company has committed to diversity and inclusion, it must become part of its workforce planning process. Watch the video “5 Steps to Successful Workforce Planning” for more details on planning a workforce.

Before you begin, be sure to review the following resources:

Video:The Importance of Diversity in the Workplace(Links to an external site.)

Video:5 Steps To Successful Workforce Planning(Links to an external site.)

References

Instructions

Watch the two videos mentioned above. Think about the challenges involved in creating a diverse workforce. In many cases, this involves a completely different recruiting strategy and requires creativity when it comes to sourcing candidates. Based on this weeks’ reading assignments, along with any additional research you want to perform, review each of the five steps involved in workforce planning and explain what strategies you might use at each stage to build a diverse workforce.

For this assignment, you do not need to apply the approach to a specific company, but if it helps, you certainly can.

Step 1 Gather market data

Step 2 Analyze your organization

Step 3 Supply and demand

Step 4 Develop your implementation plan

Step 5 Review your workforce plan annually

Your paper must beone to two pageslong (excluding the cover and reference pages) and should include at leastone outside credible source

Tanmoy · Accepted Answer

Diverse Workforce		4
DIVERSE WORKFORCE
Table of Contents
Introduction	3
Analysis	3
Conclusion	4
References	6
Introduction
	Diversity in workplace means the workforce in an organization will comprise of individuals from different ethnicity, both sexes, religions, educational background and race. There are various benefits of diversity in a workplace. These are more innovation, wider pool of talents, better employee productivity and increased profits for the organization. Further, it’s the successful workforce planning which helps an organization to structure a strong pipeline of talent where the appropriate number of employees are hired with the rights skills, at the right time and in the right place. 
Analysis
	In the video The Importance of Diversity in the Workplace, the Senior Vice President of AT&T states that diversity in the workplace is process where every single employee will come to the work everyday and feels free to work with the colleagues. Diversity in AT&T is not limited to welcoming the employees but it’s about connecting and embracing the employees’ thoughts, skills and experience despite coming from diverse background. She also suggests that a diversified workforce is essential for engaging the employees as well as helps to retain the talents. Thus, it is through workforce diversity the organizations are able to meet the requirement of the customers.

There are a number of reasons having a diverse workforce is important. Studies have shown a key benefit of diversity is improved organizational performance. One study compared decision-making between...

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