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Visible minority groups are becoming an increasingly large portion of the population, to the point where in some border states certain groups are projected to be the largest ethnic group in the coming years and decades.
In the face of such demographic shifts, a diverse workforce can be a powerful tool for sustainable competitive advantage. It captures a greater share of an underutilized source of talent. For example, Diversity Inc.'s top 50 employs 17% of college-educated blacks, Asians, Latinos and Native Americans, despite only employing 5% of the nation's workforce. This in turn acts as a draw for future graduates from these groups, as well as for non-graduates. Verizon's customer base cuts across all lines of race and gender, and having such a diverse workforce allows for them to better understand their customers, and thus better meet their needs.
3) as domestic markets mature, more American companies are turning to global markets in search of new sources of growth and profit. The gradual reduction...
The firms best suited to take advantage of these opportunities are the firms with a diverse workforce that better understands the markets they are about to enter.
Diversity's Top 50 does 48% of their business outside the U.S., compared with 38.5% just five years ago. In the global marketplace, it is important to meet the diverse needs of international clients. Having a workplace that is as diverse as your customer base makes this easier, and the results in Diversity's Top 50 are evidence of that. A firm can better understand its global customers in terms of their culture, their language and the nature of their marketplace by hiring managers and employees from those countries.
Works Cited
Editors of Diversity Inc. April 2, 2008. The 2008 DiversityInc Top 50 Companies for Diversity.
Henry, Pamela K. Diversity and the Bottom Line: Prospering in the Global Economy. Turn Key Press.…
Works Cited
Editors of Diversity Inc. April 2, 2008. The 2008 DiversityInc Top 50 Companies for Diversity.
Henry, Pamela K. Diversity and the Bottom Line: Prospering in the Global Economy. Turn Key Press. Austin.
Verizon Communications, Inc., Fiscal Year 2010 Verizon Communications, Inc. (NYSE -- "VZ") has two business segments Domestic Wireless (operated as Verizon Wireless) and Wireline. These business segments are operated and managed as strategic business units and organized by products and services. The company uses the so-called "Anglo-American model" or "the unitary system" (Mallin, 2011) which employs a single-tiered Board of Directors which is comprised of a mixture of executives from the
HSPA+ is expected to be commercially available in 2008 through [the introduction] of incremental investments and backward and forward compatible handsets. HSPA+ doubles the data capacity and increases voice capacity by three times enabling operators to offer mobile broadband at even lower cost" (Release 7 HSPA+, 2007, p. 3). Likewise, Housami (2008) reports that, "HSPA+ is a manifestation of the evolved HSPA philosophy where the existing HSPA implementation is
Organizational Case Analysis Organization Overview Apple Inc. is a multinational companies specializing in the designing, manufacturing and marketing of mobile communication devices such as personal computers and digital music players. The company also sells varieties of mobile telecommunication devices such as iPhone, iPod, iPad, and Mac. Additionally, Apple Inc. sells some professional software application such as Mac OS, iOS, iCloud and other varieties of communication accessories. Apple Inc. sells its products through
" (McKinsey & Company and CECP, 2008, p.3) Fine, Kirkpatrick, Parker, and Watson (2008) in the work entitled: "Social Media: Philanthropy in a Connected World" states that today's companies can no longer "ignore the influence of social media and the opportunity to "deepen engagement with employees and customers alike through philanthropy efforts capitalizing on new media channels." (p.5) Fine, Kirkpatrick, Parker, and Watson (2008) additionally state that some companies have "already
However, cursory studies that have been conducted are either biased because they seem to present a biased review of certain products or are insufficient because of their limitations and shallowness. Those studies that have been considered to be useful are mentioned below. Robert D. Boerner, Joanne Bourquard, Pam Greenberg (2000) comprehensively elaborates the legal aspect of spam. He provides an in-depth review of the present laws in actions and the
In essence Palm can learn through acknowledgment of the lack of communication taking place, as well as the lack of application of current resources. New technology continues to be added in the loop however there is no indication of the application and refinement process associated with the research and development. References Burrows, P. (2009, March 24). Palm's Secret Weapon for the Pre. Business Week. Retrieved from http://www.businessweek.com/technology/content/mar2009/tc20090323_446801.htm Cangelosi, V., & Dill, W.