The imortance of diversity in an organization Essay

This essay has a total of 1721 words and 6 pages.

the imortance of diversity in an organization

Diversity in Management

By Eric Falkenmayer Diversity in management, or lack thereof, is having the same mixture
of women, blacks, and other minorities in management positions as there is in that local
population. What this paper will talk about is some of the facts that business will have
to face in regards to diversifying there workforce and there management. Also, it will
discuss that while our workforce is becoming more diverse, the upper and middle management
of many companies are not. We have to remember that having diversified workforce is not
something a company should have, actually it is some thing that has happened or is soon
going to happen due to the fact that we have a more diversified population. (Sutherland,
1996) This is why it is important that we train our management to deal with this
inevitability. To the extent of the lack of diversity in management, it is somewhat
alarming to see that while we have a rapid increase in the diversity of our population on
Long Island, and a pretty diversified workforce, we don't have well-diversified management
in most companies on the island. On Long Island, two-thirds of the companies surveyed in
conjunction with a recent Newsday article have no blacks, Hispanics, or Asians at anything
above the vice president level. Also, of all the companies surveyed only 13 percent of
them said that they had more than one minority in their executive suite. Also while women
have seen an increase that has actually out numbered the number of men in professional
ranks, women only account for a mere 10 percent of the total number of executive officers
in the top 25 companies on Long Island. While women are getting the short end of the stick
in the respect to jobs, women and other minorities are also not getting paid as much as
men are. Of the 500 highest paid executives on the island and queens only 19 of them were
female. That works out to be about 3.8 percent of the 500 executives. In the highest paid
and the fastest growing type of business which happens to be technology, management here
is represented less than in any other type of business. All women and most minorities
excluding Asian Americans hold few to no jobs in this field that includes the
manufacturing of computers, communication devices, and other kinds of electronic
equipment. Along with technology, the stock brokerage field and securities firms all also
some of the toughest fields for minorities and women to obtain a job in. The interesting
thing about the problem of diversity in management is that the people who have the power
to open these positions to minorities and women, namely the CEO's of these companies,
don't see a problem. The fact is that of the companies surveyed, half the executive said
that they see no barriers to women that would prevent them from reaching the executive
level. Also, one third of these executives also said that there is no barrier that would
prevent minorities from reaching the same executive level. Another example of this kind of
discrimination is the fact that more than half of all the workers surveyed said that they
knew of a fellow women or minority employee that had the potential to move up to CEO of
the company they were working for while of the executives that were asked the same
question only one third of them said that they recognized that employee as an actual
contender. (Gordon, p. A5-A7) Despite that fact that these companies fail to have the same
kind of diversity in their management as there are in the local area, they will in the
long run find it hard to do business due to the fact that your business has failed to keep
up with the changes that taking place in the market place which are partially due to the
increase of diversity. For instance, as your customer base changes due to increased
diversity, you would need the same king of people working your business to help facilitate
the needs of you customer. As a result of this, if more and more companies became as
diverse as they should be this would most likely impact the economy in a very positive
way. One of the defenses brought to the table was by the CEO of Arrow Electronics. Arrow,
which is the largest company on the island and also the world's largest distributor of
electronics, also has a reputation for helping women obtain the levels of upper
management. Unfortunately, the company has not had the same success with minorities. The
reason given was that while it is relatively easy to get white workers for the amount of
money he is willing to pay but has a much harder time hiring a minority for the same job
at the same pay. He goes on to say that the reason for this is that minorities demand a
higher salary based on the fact that they are in shorter supply and in greater demand. He
refuses to have two people working the same job and earning a notable difference in
salary. Also he says that he will never pay a person more money based on the color of
their skin or their gender rather than on the skills that they possess. (Gordon, p. A38)
One thing that is often confused is the difference between affirmative action and
diversity in management. Affirmative action is the implemented to help right the wrongs
done to minorities in the past. It is based more on the historical aspect of
discrimination and basically is being used to make up for previous injustices and to place
minorities in an organization that would rather not accept minorities and eventually
became a legal obligation for companies in most states. Diversifying management is based
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