Effectively Managing Organizations Essay Example | Topics and Well Written Essays - 1500 words

Effectively Managing Organizations - Essay Example The success of an organization depends on how effectively it manages its human resources. The purpose of this paper is to understand how to effectively manage an organization, especially one that has a culturally diverse workforce. With globalization more and more companies are setting up operations in foreign locations. As a result diversity issues have gained greater importance. Diversity issues if not managed at the right time and in the right way may result in loss of time, money and efficiency. It may also create tensions between people of different race, gender, ethnicity, abilities, age, etc. Increase in conflict always lead to loss of productivity. An organization will not be able to attract and retain talented people of different backgrounds. The need of the hour therefore in today’s world of globalization where many organizations have a diverse workforce is to build effective teams that can efficiently manage diversity and resolve conflicts that may arise because of diverse views. Diversity is not just about ethnicity, race and gender as many people think. It is much broader than that. According to Loden and Rosener (1990), diversity includes age, ethnicity, ancestry, gender, physical abilities/qualities, race, sexual orientation, educational background, geographic location, income, marital status, military experience, religious beliefs, parental status, and work experience. These factors affect the performance and success of an organization. They also affect interactions with others. Hence it is necessary that diversity when present in an organization must be managed. Managing diversity is defined as "planning and implementing organizational systems and practices to manage people so that the potential advantages of diversity are maximized while its potential disadvantages are minimized," by Taylor Cox (1994). Any organization to be effective and to meet customers’ needs has to be flexible and adaptable. Managing