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Essay on diversity |
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This is the first 1,000 characters of 1297 words (5.19 pages) in the essay titled diversity
With today s workforce becoming increasingly diverse and organizations doing more to maximize the benefits of the differences in employees, Human Resource managers are evolving from the old school sideline player to the front-line fighters. Organizations are relying on managers to get the people who get the job done, and of course, make the company money. People have always been central to organizations, but their strategic importance is growing in today s knowledge-based business world like never before.
An organization s success increasingly depends on the knowledge, skills, and abilities of its employees. Particularly as they help establish a set of core competencies which distinguish one organization from its competitors. When employees talents are valuable, rare, difficult to imitate and organized, an organization can achieve a sustained competitive advantage. In order to compete through people , an organization has to be able to do a good job of managing their human capital: the knowledge, skills, and capabilities that add value to the organizations.
Managers must develop strategies for identifying, recruiting, and hiring the best talent available. Develop these individuals in ways that are specific to the needs the firms, encourage them to generate new ideas while familiarizing them with the company strategies, invite information sharing, and rewarding collaboration and team work. The basis on which compensation payments are...
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Keywords: knowledge skills and abilities, human resource managers, organizational goals, job, employee retention, compensation payments, compensation programs, reward employees, employee productivity, company strategies, skills and abilities, rewarding collaboration, company money, core competencies, hiring the best, knowledge based, sideline
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