Competitive advantage of the nation: Therefore diversity comes into play at different levels in broader context of its outer levels.
Quote Diversity and inclusion have been steadily gaining traction in corporate India in recent years. Much of this is centered on gender diversity, and companies are beginning to realize the business imperative of hiring women and creating an equitable work environment.
But there is another aspect that human resource managers in India need to wake up to: The importance of effectively managing a multigenerational workforce. One may argue that organizations across the world have always had to manage a multigenerational workforce.
Even as the world is graying, India is getting younger. Bythe average Indian will be only 29 years of age compared with 37 in China and the U. India has also leapfrogged through tremendous advances in technology, including the adoption of mobile phones, the Internet and social media.
Nandkeolyarassistant professor of organizational behavior at the Indian School of Business. A generational difference adds another layer of complexity.
This creates a workforce that can find itself divided in more ways than comparable workforces in most countries. They are also more independent and more aware of global opportunities. This is reflected in the decreasing loyalty toward their employers and the increasing focus on short-term goals.
Globally, the shift has not been so pronounced. The dissonance between the home environment and the workplace. Values, interpersonal relationships, commitment, work ethics and world view. It respects competencies and knowledge and not so much authority that simply comes with age or position.
Som Mittal, who until recently was president of Nasscom, says: This is resulting in a mismatch.
Ultimately, the output from the investment in human capital will be much lower than its true potential. At a national level, India will lose out on the human resource that can take it forward.
This will help all employees to work toward a common goal. One needs to be open to accepting differences, whatever they may be. In addition, there is an increased aspiration level and corresponding growth expectations which have to be managed.
IBM also has its own internal social networking platform where employees can raise queries, post their views and interact with colleagues without having to go through the traditional organizational hierarchy.
Everything else that can be accommodated, should be. We need to be conscious of this and devise new ways of interacting with them.
But this raises another pertinent question: How can an organization maintain its culture and at the same time address the needs and aspirations of different generations at the workplace? While we may be flexible in many areas, there is no compromise on this.
We work hard at ensuring that these core values are understood and imbibed by every new generation that comes in.Jun 30, · Even when business leaders understand and value the differences in the people in their companies, they face challenges when managing diversity .
Managing Diversity – Challenges for India Inc - Download as PDF File .pdf), Text File .txt) or read online. Diversity in the Workplace: Benefits, Challenges, and the Required Managerial Tools 3 Conclusions A diverse workforce is a reflection of a changing world. Managing Workplace Diversity: Issues and Challenges Harold Andrew Patrick 1 and Vincent Raj Kumar2 The study concludes that successfully managing diversity can lead to more committed, better satisfied, better Organizations in India are global today, especially in the IT.
Hiring a diverse staff for your business creates a workforce that possesses a wide range of skills, talents and ideas.
It is your job to make the most of the diversity present in your company. Challenges exist in guiding a population that differs in personalities and cultures, but you can overcome these difficulties. The study concludes that successfully managing diversity can lead to more committed, better satisfied, better performing employees and potentially better financial performance for an organization.
Managing Workplace Diversity: Issues and Challenges - Harold Andrew Patrick, Vincent Raj Kumar,