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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.
Diversity, equity and inclusion programs were created to help communities that have historically faced obstacles to equal opportunities in the workplace or felt a lack of belonging in majority ...
The demographic diversity of members of a team describes differences in observable attributes like gender, age or ethnicity. Several studies show that individuals who are different from their work team in demographic characteristics are less psychologically committed to their organizations, less satisfied and are therefore more absent from work. [2]
In the United Kingdom, the term equality, diversity, and inclusion (EDI) is used in a similar way. Diversity refers to the presence of variety within the organizational workforce in characteristics such as gender, ethnicity, sexual orientation, disability, age, culture, class, veteran status, or religion.
CFA Institute emphasized the importance of pursuing diversity in the workplace, pointing to a McKinsey & Co. study which also supported the business case for inclusive corporate cultures ...
Functional diversity encapsulates the cognitive resource diversity theory, which is the idea that diversity of cognitive resources promotes creativity and innovation, problem solving capacity, and organizational flexibility. Functionally diverse teams “consist of individuals with a variety of educational and training backgrounds working ...
Workplace diversity: Theory that in a global marketplace, a company that employs a diverse workforce is better able to understand the demographics of the marketplace it serves. Workplace emotions: Emotions in the workplace play a large role in how an entire organization communicates within itself and to the outside world.
Apple (APPL) investors voted down a proposal to scrap the company's diversity, equity, and inclusion initiatives, backing the tech giant's efforts to push back against a DEI retreat that is taking ...