Question

Discuss the ways in which employing a diverse workforce can give an organization a competitive advantage.

Answer 1

1. The diverse workforce comprises of employees of different age groups, from different educational and professional backgrounds, from different races and ethnicity and a healthy mix of different ideologies, which makes it a rich pool, capable of dealing with any kind of situation with ease and might result in more rational and well thought decisions.

2. A diverse workforce leads to a balanced approach to decision making with inputs that represent many thought processes. This ensures that no biases are present and no group gets undue preferences or no group is ignored.

3. A diverse workforce has a better Cross cultural sensitivity and sense of mutual respect among employees. This kind of group can fare better in a multicultural and multiethnic work projects which are very common it the present global environment.

4. The diverse workforce is more likely to contribute to the organisation's culture and make it more accommodating, inclusive and tolerant than other organizations.