Is there any organization's commitment to diversity - as reflected by general director liability, human capital, corporate communications (internal and external), and supplier diversity - the result of competitive advantage and superior financial performance? Diversity can bring new voices and perspectives in the strategy of dialogue, to help managers understand and meet the needs of the demographically diverse customer base, and to encourage a wider range of creative alternative solutions. However, the expected benefits of the corporate support diversity may also be accompanied by a cost that could affect shareholder wealth. In a comparative study of financial indicators DiversityInc Top 50 Companies for Diversity is model, we find evidence that firms with a strong commitment to diversity outperform their peers on average. For its commitment to diversity, to become ingrained in the corporate culture must be visible and consistent support from senior management, a clear articulation of the business case for diversity, responsibility, immediate supervisor, and training programs for communication, conflict resolution, and team building. "Hide
by Stanley F. Slater, Robert Weigand, Thomas J. Zwirlein Source: Business Horizons 9 pages. Publication Date: May 15, 2008. Prod. #: BH276-PDF-ENG
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