Tuesday, March 3, 2015

HR SPECIAL .................THE DIVERSITY DIVIDEND

THE DIVERSITY DIVIDEND


The adage, `Birds of the same feather flock together' may not ring true in today's corporate parlance. And companies that foster diversity among their employees will agree. Here is light on the need for a diversified workforce

 “DIVERSITY SHOULD BE SEEN AS AN OPPORTUNITY“
SHAJI KURIAN, associate professor & HOD (OB & HR), IFIM Business School:
Workplace diversity is understood by most people as meeting certain quotas in employee race or gender categories. However, diversity as it relates to human resources is a way of thinking and operating that encourages an entirely new and positive outlook among co-workers. Diversity means a work environment that integrates acceptance, team work and mutual respect. Although workplace diversity provides many benefits, it also poses many challenges to employees and managers. But it is for the benefit of the organisation to create intercultural and diversified teams to achieve task-related goals. For example, differently-abled employees may not be able to travel a lot but would be great at developing a programme for a new app. Leveraging the diversity of the workforce means ensuring that persons of all dimensions are included in all aspects of the organisation; and reducing barriers to enable all employees to fully use their talents for the organisation. Therefore, companies should focus on the following: Diversity should be seen as an opportunity and not a problem; The company must be sensitive to the society and move beyond laws; The impetus for diversity should come from the executive board of directors; There should be an institutionalised corporate culture that appreciates and encourages diversity at the workplace; A culture of reinforcement for employees who appreciate diversity should also be put in place.

“TRAINING, AWARENESS AND EXPERIENCES ARE NECESSARY TO BUILD A THOUGHT PROCESS“
PANKAJ KHANNA, VP-revenue assurance, Mindtree Ltd:
Today, there is a need to be prescriptive on the diversity agenda, be it education, caste, gender, etc. And the prescription also needs an organisational understanding of the need for such diversity. It is imperative hat the leadership as well as the frontline managers buy into this aspect, so hat organisational prac ices can evolve to nurture and foster diversity. Hiring s one factor in increasing diversity and many organisa tions provide for numbers around gender or differently abled workforce including in centivising such efforts. Train ing, awareness and experi ences are necessary to build a thought process, which then needs to be translated l to actionables denoting an organisation's commitment to diversity. Flip the hierarchy, so that those delivering the engagement can speak out more, which will leverage dif ferent views and approaches.

“MEASURING THE LEVELS OF DIVERSITY IS VITAL“
SHAKUN KHANNA, country manager, India, Right Management:
Compliance-based diversity initiatives (i.e. diversity laws, regulations and affirmative action) are a good way to start improving the demographic diversity. So organisations can hire the desiredrequired number of people from various demographic groups to improve the diversity and talent pool but they need to understand how the benefits of diversity beyond this can be achieved. Just having the right headcount does not mean you have automatically achieved the in tended outcomes or benefits it's more complex than this and much more than a numbers game.The business case for diversity stems from its link to a better team and ultimately, organisational performance. However, achieving this is much more than simply placing individuals from different backgrounds and demographics together. Whilst it may be necessary to have a demographic variety (i.e. a certain percentage of minority groups) at some levels within the organi sation, by itself, it may not necessarily be sufficient to foster the desired outcomes.Once you have a demographically diverse workforce, an organisation needs to address other levers that will enable this diversity to function effectively. The focus then needs to shift away from simply having a specific number of women or other groups, to an integrated approach that creates a complementary and supportive environment for these individuals. In saying that, measuring and tracking the levels of diversity in the organisation (i.e. demographic diversity) provide important indicators of progress in the right direction. Linking them to leader and manager KPIs will then drive accountability and behavioural change.

“TO BE ABLE TO HIRE, TRAIN AND KEEP DISADVANTAGED GROUPS IN THE RIGHT ENVIRONMENT, IS AN EFFORT “
N BALACHANDAR, group director, HR, Coffee Day Group:
Homogeneity of the workforce does not enable innovation or a robust organisation. It is just not diversity. It is not an overnight process to get diversified talent at the workplace. It is a demand and supply situation as well. So you will see a more diverse workforce in the next few years just by the sheer demand need for talent. I think it has to be a deliberate talent management strategy to foster diversity. Training is one element of building the pipeline. Conscious efforts to encourage, develop, create policies and nurture is key. It is also important for the leadership to embrace it and lead it from the front while hiring and seeking a diverse talent at the workplace. To be able to hire, train and keep disadvantaged groups is an effort and also you have to enable an environment that fosters it. Progressive employers have seen the benefits and there are several isolated examples: a) People from varied na tionalities: The need was not apparent, and hence low. Skill-set requirements will help in improving this, as alluded to earlier; b) Differently-abled individuals: There is a lot happening around this space.Their trainingassimilation is a focus area for many corporates. We need to make workplace friendly for them to succeed; c) Members of the LGBT community: This is an area to work on. Only of late are we seeing an increasing acceptance from a legal perspective, and it should translate soon to action; d) Returning mothers: This is an area that many MNCs have been working on, partic ularly to create a workplace that is friendly to mothers. Several programmes are designed by corporates to ensure this is workable. They even educate women on topics related to work-life balance. The speed of action will help here to mitigate the talent shortage.
Viren Naidu

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