Friday, May 22, 2020

Managing Ethnic Diversity in the Workplace Essay - 3696 Words

Diversity as an issue is new. It became an issue when three powerfully significant trends reached their own critical points at about the same time (Fernandez Barr, 1993): The global market in which American corporations must now do business became intensely competitive. The makeup of the U.S. work force began changing dramatically, becoming more diverse. Individuals began to increasingly celebrate their differences and become less amenable to compromising what makes them unique. This inclination represents a marked departure from previous times when predispositions were to fit in. To succeed in this highly competitive environment, managers must find ways to get the highest level of contribution from their workers. And†¦show more content†¦Workforce 2000 projects the highest rate of increase for Asian Americans and Hispanics; however, Asian Americans will be less significant numerically than Hispanics because they are growing from a much smaller base. The labor participation growth rate of white women will be relatively smaller, but because they are expanding from a large base, the increase will be numerically substantial (Johnston Packer, 1987). The projection refers to work force growth. It doesnt mean that the prominence of white males in the labor force will change dramatically. In 1985 white males composed 49 percent of the labor force; by 2000, they will constitute approximately 45 percent (Johnston Packer, 1987). However, in a number or companies, women and minorities already compose large portions of the existing work force and as much as 80 percent of new hires. For managers of these organizations, the future is now. Labor Shortage An equally significant prediction is that overall the work force will grow at a declining rate. For the decade ending in 1990, the projected growth rate was 27 percent; for the decade ending in the year 2000, it is 11 percent (Johnston Packer, 1987). One important implication of our changing demographics is the very real potential for a labor shortage. Managers are expected to experience increasingShow MoreRelatedManaging Diversity Within The Workplace1605 Words   |  7 PagesAbstract- Managing Diversity in the workplace requires a lot of focus, training, and time. This paper gives an insight into the world of management and how diversity plays a big part. It explores the key benefits to putting emphasis on diversity and also how not putting emphasis on diversity could hurt your business. This paper also gives examples on how to go about managing diversity in the workplace. With proper focus on managing diversity, your organization can be at a big advantage. I. INTRODUCTIONRead MoreThe Challenges Of Human Resource Management872 Words   |  4 Pagesterms of workplace globalization is workplace diversity. 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