Changes in the social and eco
nomic landscape have
brought the issues around equality, ethics and employee
diversity to the forefront of the war for talent for organizations working
in a global scenario. In the Corporate Leadership Council's research
on Attracting and Retaining Critical Talent (2006) diversity is one of
the 38 attributes which are most important for attraction and retention
in an increased labor market competition and
complexity.
With the Indian workforce increasingly constituting
greater number of women, Generation Y, mature workers, expatriates
and people with disabilities; the diversity issues are now considered
important and are projected to become even more important in the
future. However, in India it is still an emerging concept for
organizations unlike their counterparts in developed countries where diversity
in workforce is also a legislative requirement.
With workforce diversity gaining importance, managing it
becomes a difficult task for organizations. Managing diversity is
about ensuring that all employees have the opportunity to maximize their
potential and enhance their self-development and their
contribution to the organization. Diversity management is also about
recognizing how workforce constituting people from varied backgrounds can
bring creativity and new insights to the table. This, in turn, can
improve products and services by enhancing efficiency. The creativity and
innovation also brings about competitiveness for the organization.
But truly understanding the significance of having a diverse
workforce, getting the management and employees' buy-in and building a
diversity culture in the organization is a complex and challenging task. |