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Diversity, in a business context, is hiring and promoting employees from a variety of different backgrounds and identities.Those characteristics may include various legally protected groups, such as people of different religions or races, or backgrounds that are not legally protected, such as people from different social classes or educational levels.
As a result, diversity trainers in the U.S. began calling for diversity training, arguing that women and minorities would soon be the backbone of the workforce and that companies needed to determine how to include them amongst their ranks. By 2005, 65 percent of large corporations offered their employees some form of diversity training. [6]
Flyer supporting equity, diversity, and inclusion in 2016. Diversity, equity, and inclusion (DEI) are organizational frameworks which seek to promote the fair treatment and full participation of all people, particularly groups who have historically been underrepresented or subject to discrimination on the basis of identity or disability. [1]
Examples of a company's internal and external stakeholders Protesting students invoking stakeholder theory at Shimer College in 2010. The stakeholder theory is a theory of organizational management and business ethics that accounts for multiple constituencies impacted by business entities like employees, suppliers, local communities, creditors, and others. [1]
Four years after launching a push for more diversity in its ranks, McDonald’s is ending some of its diversity practices, citing a U.S. Supreme Court decision that outlawed affirmative action in ...
The company also offers verification services for corporate ethics under such names as "Ethics Inside Certification" and "Compliance Leader Verification". [ citation needed ] It hosts the Global Ethics Summit every March in New York City and manages a community of compliance, ethics and legal professionals known as BELA, the Business Ethics ...
Whether it's staying up until 2 a.m. while working another job like Mark Cuban did to learn software or personally following up on customer complaints like Jeff Bezos does, many of the most ...
Diversity management enabled satisfaction with leaders, work environment and job tasks, but also enhanced feelings of respect, fair treatment, and inclusion, despite outward differences. In turn, this encouraged OCB activity such as inter-colleague assistance, working to high standard, organisational affiliation, and conflict resolution.