Essay About Cultural Intelligence And Different Walks Of Life

PPQ Diversity Management
Essay Preview: PPQ Diversity Management
Report this essay
PPQ Parts Diversity Management
Diversity management is said to be the key to growth in todays fiercely competitive global
marketplace. Corporations cannot hide behind their lack of training in cultural intelligence. If
your organization wants to expand globally you have to embrace diversity. Diversity is not just
about making the numbers anymore its about how well the organizations treat their employees
right down to the root of your business model.
Issues host foreign countries may face are very apparent. For starters moving your company
to a foreign country is an issue all in itself. You have to take into account the nations rate of
utilization, all of the internal and external factors that could affect the expansion. Issues the
company will face could be cultural, ethnic, religious, and political barriers. Having substantial
communication is vital. Domestic links may not be available or reliable; the companies
machinery and equipment may be hard to get in a foreign countries, and also to maintain it and
renovate it could be hard in a foreign company. Another issue can be communication, it could be
weak in foreign countries.
Cultural barriers and diversity issues that are commonly encountered are difference in
languages, religions, traditions, and cultures. All of these are more complex then they seem.
When you have people coming from many different walks of life have many differences of
social setup. The cultural impact influences the psychological side of the personality as well
(Jamil, 2008).
Diversity is such a broad term it could be used to describe someones religion, gender, age,
race, condition, disability, sexual orientation or nationality. If you are talking about diversity in
the work place, this simply means that the population in the workplace is not homogeneous
(ehow contributor, 1998-2012). Diversity has become important in the international arena
because of the international business landscape. There are so many cultures you will come in
contact with. This is an important factor to consider especially if the company will be hiring
different nationalities, there many things that go wrong if the company is not up to par with its
employees.
If a company doesnt practice diversity on the international level it could mean little to no
socialization amongst the employees, lower morale, lower productivity and greater turnover
causing companies to lose their competitive edge.
Economic factors that could arise during global expansion is global recession this could affect
the demand which in place will negatively influence the investments and profit margins. Another
Economic issue that could happen is the