Analyzing Cultural Diversity in the Professions

Cultural Diversity in the Professions The Goldman Sachs Group, Inc. is global investment banking, securities and investment management firm that provides a wide range of financial services geared towards a substantial and diversified clientele, which comprises of firms, financial organizations, governments as well as high-net-worth people (Forbes, 2015). This paper would focus on the company's cultural diversity that is reflected in its content, design and graphics of the website.

Accessibility of the Diversity-Related Material on the Website There is a link for "Careers" on the website, in which there is a sub-section for "Equal Employment Opportunity and Affirmative Action" (Goldman Sachs, n.d.). Also, the homepage has a link "Who Are We" in which there is another link leading to "Diversity and Inclusion." By typing the word "diversity" in the search bar of the webpage, the results yield "Our commitment to diversity" and the company's culture that has an in-built inclination for promoting diversity at workplace.

It is revealed that the company is committed to encourage diversity since it is a multinational company that deals with international clients belonging to various cultures and having diverse workforce working within the company is the firm's strength. It seems that the company does not want to risk its success by the exclusion of those people who can be of benefit to its business.

For example, if an LGBT prospect who has a strong financial background and various other certifications for his skills is ignored just on the basis of his sexual orientation then this might affect the company's earning as he might be lured away to the competitors. The website shows a picture of the office where Goldman's employees are working together inclusive of the LGBT individuals.

Goldman Sachs' website is evidence that people are welcomed regardless of their age, race, ethnicity, color or gender so that the firm can benefit from these people's abilities and also emerge as an example of promoting diversity within its organizational culture. Usefulness of the Diversity Information The usefulness of the diversity related information for the potential employees, customer or suppliers is of high significance since these stakeholders will become aware that the organization cares for their supporters and followers.

The diversity related material is mentioned in the firm's commitment section where the company ensures diversity due to its favorable impacts on the business. Both the primary and secondary dimensions are indicated on the web pages of the company. The website does not show when the data on the webpage was last updated; that makes it difficult to guess when the company incorporated the diversity-related material. Diversity is essential for the growth and prosperity of the companies, especially for the multinational firms (Walter, 2014).

A business like Goldman Sachs is the proof of the fact the fostering diversity and inclusion can reap greater profits than expected. By mentioning the diversity related material on the website, the company is already promoting equal employment opportunity so that all the employees feel safe while working for a company that is a strong advocate of a major aspect of the workplace. Appropriateness of the Graphics Material Relating to Diversity The graphic material linked to diversity is displayed on the website in the form of photographs.

The pictures show black and Indian person working together along with the white people as well. It is deducted that organization fosters diversity with the verbal content on certain web pages. The firm clearly emphasizes that it is committed to diversity for three reasons: for the firm, for its people and for its clients. For the firm, the company wants to have a broad spectrum of people so that best people with exceptional skills are recruited by the company for the betterment and future long-term growth.

Secondly, the firm facilitates a culture of teamwork which supports differences and encourages inputs from all of the employees, regardless of their gender, creed, sex or national origin. The company has clarified explicitly that every employee has the equal right in the working place. Thirdly, the organization knows how to deal with diversity which has given it the aptitude to provide clients with creative concepts and solutions for managing a complex global environment.

Perceptions about the Company Based on its Website Based on its website, the perception of this company towards diversity is positive since it has greatly highlighted this aspect of the workplaces. It encourages diversity and people from various races or ethical backgrounds to apply for jobs in Goldman Sachs. Not only that, it also provides career development and training on the basis of educating people about diversity in their vocational lifecycle.

Moreover, it is mentioned on the website that it complies with United States Discrimination Laws which means that the company not only monitors its business practices on the basis of initial employment, compensation and benefits but also takes notice of the working behavior within the company. The website mentions distinctly that disciplinary actions are taken against those employees and managers who are involved in racial/discriminatory actions. This gives an impression that the company is a strong defender of equal opportunity employment.

Internal Management Issues that can Affect the Prominence of Diversity on the Website The internal management issues that can affect the prominence of diversity on the website are management of relationships among the employees. Since the employees can be from diverse backgrounds, their interpersonal relationships can be a hindrance for the smooth workflow within a firm and hence can impact on the prominence of this aspect on the company's website.

If the management is unable to nurture a culture of inclusion within the firm, then it will fail to meet its purpose and commitment, as shown on the website. Diversity Awards Listing on the Website Company instituted awards for recognition of inclusivity are listed on the organization's website.

The awards mentioned are: NASSCOM: Corporate Awards for Excellence in Gender Inclusivity (March 2016) Hispanic Association on Corporate Responsibility: Corporate Inclusion Index (November 2015) Human Rights Campaign Corporate Equality Index (November 2015) Rating 100% Along with these, many other awards have been listed on the website that shows the company's pledge towards diversity inclusion. The value of the awards can be evaluated through the sponsoring company's website; for example, Hispanic Association on Corporate Responsibility (HACR) is a non-profit organization, founded in 1986, for the advancement and inclusion of Hispanics in corporate America (HACR, n.d.).

It is one of the world's.