I will consider these important steps on diversity strategy:
Workplace diversity strategies aim to increase the number of minorities and people of different cultures and backgrounds who work for a business. Increasing diversity in a workplace through a diversity strategy not only helps a small business' public perception but also proves essential to success in a global society. Small business owners should keep in mind that they need to include ways to combat employee prejudice in any strategy.
Benefits:
In general, a workplace diversity strategy makes small firms more competitive, according to the "Journal of Practical Consulting." Increasing diversity means a business has more options when searching for talent and can align a company's markets more closely with its workforce. In addition, the differences that diversity brings can lead to new and more creative ideas.
Features:
The U.S. Department of Commerce found that a good workplace diversity strategy has seven key components. A business must have commitment from the owner and upper management to diversify the labor pool and get all employees on board. The company should have a plan for increasing diversity and continue to invest in diversity even after achieving a diverse workforce. A strategy also must have benchmarks for diversity and people accountable for increasing diversity. Finally, diversity strategy and planning must fall in line with company goals.
Significance:
In 2008, the Institute for Corporate Productivity (i4cp) survey found that 75 percent of all companies have a workplace diversity strategy. Larger firms--at 85 percent--had an even higher rate of either currently or planning to expand their diversity strategy. Considering the tremendous benefits that diversity brings, Jay Jamrog, senior vice president of research at i4cp, wonders why so many companies have yet to implement a diversity strategy.
Tips:
A small business trying to implement a workplace diversity strategy first should look at the diversity of its current staff and see if it reflects the company's customer base, "The Wall Street Journal" notes. It suggest that when describing open positions, you should include that you are willing to observe the holidays of other cultures and religions. When you do get employees from a diverse background, make them feel welcome, especially during the first few weeks of employment.
Challenges to a Diversity Strategy:
A business implementing a workplace diversity strategy should take care not to cross the line into "reverse discrimination," according to Ogletree Deakins. When hiring someone, for example, you cannot hire or deny him employment based on his race. Thus, your diversity strategy also should follow anti-discrimination laws set forth by the Equal Employment Opportunity Commission.
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