IDEAS home Printed from https://ideas.repec.org/a/cmj/journl/y2021i1p117-124.html
   My bibliography  Save this article

A Theoretical Study On Global Workforce Diversity Management, Its Benefits And Challenges

Author

Listed:
  • Yana SELIVERSTOVA

    (University of Debrecen, Faculty of Economics and Business, Institute of Management and Organisation Sciences, Debrecen, Hungary)

  • Anita PIEROG

    (University of Debrecen, Faculty of Economics and Business, Institute of Management and Organisation Sciences, Debrecen, Hungary)

Abstract

Currently, workforce diversity management is a growing trend in Human Resources practices in most international companies. In the 21st century employees with different backgrounds, mindsets, desires, needs, interests, and personal opinions are acknowledged as the main available source of innovative ideas that companies can implement towards profitable performance and expanded market. Therefore, in this theoretical publication, the authors present a content analysis of the existing research on the notions of diversity and inclusion, equal employment opportunity and diversity management. The paper also includes an analysis of the differences between equal employment opportunity and diversity management and views workforce diversity management in a global context. Based on the report from Mckinsey & Company the authors give an overview of the importance of workforce diversity management, its benefits and challenges that arise along with the implementation of diversity practices in a company. The findings show challenges of workforce diversity management previously discussed by scholars in existing literature from 2017 to 2020. This literature review enhances present materials on a specific topic and forms research possibilities for prospective investigation. Besides, the study reveals several gaps in existing information and explains the need for future research. The authors believe that, due to the lack of a wide representation of this issue in open sources, the materials will be interesting and useful to scholars and HR managers of companies in various sectors of the economy aimed at long-term business development.

Suggested Citation

  • Yana SELIVERSTOVA & Anita PIEROG, 2021. "A Theoretical Study On Global Workforce Diversity Management, Its Benefits And Challenges," CrossCultural Management Journal, Fundația Română pentru Inteligența Afacerii, Editorial Department, issue 1, pages 117-124, July.
    • Handle: RePEc:cmj:journl:y:2021:i:1:p:117-124
    as

    Download full text from publisher

    File URL: http://seaopenresearch.eu/Journals/articles/CMJ2021_I1_8.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Filbeck, Greg & Foster, Benjamin & Preece, Dianna & Zhao, Xin, 2017. "Does diversity improve profits and shareholder returns? Evidence from top rated companies for diversity by DiversityInc," Advances in accounting, Elsevier, vol. 37(C), pages 94-102.
    2. Harold Andrew Patrick & Vincent Raj Kumar, 2012. "Managing Workplace Diversity," SAGE Open, , vol. 2(2), pages 21582440124, April.
    3. Krisztina Dajnoki & Domician Máté & Veronika Fenyves & András István Kun, 2017. "Deconstructing Attitudes towards Immigrant Workers among Hungarian Employees and Higher Education Students," Sustainability, MDPI, vol. 9(9), pages 1-28, September.
    4. Angel Sharma, 2016. "Managing diversity and equality in the workplace," Cogent Business & Management, Taylor & Francis Journals, vol. 3(1), pages 1212682-121, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Elwira Gross-Gołacka & Teresa Kupczyk & Justyna Wiktorowicz, 2022. "Towards a Better Workplace Environment—Empirical Measurement to Manage Diversity in the Workplace," IJERPH, MDPI, vol. 19(23), pages 1-13, November.
    2. Mishlin NWEISER & Krisztina DAJNOKI, 2022. "The Importance Of Diversity Management In Relation With Other Functions Of Human Resource Management - A Systematic Review," CrossCultural Management Journal, Fundația Română pentru Inteligența Afacerii, Editorial Department, issue 1, pages 17-27, July.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. PIEROG Anita, 2019. "Managing Civil Organisations: Civil Management Model," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 311-320, December.
    2. Mohammed Kamruzzaman & Sunan Islam, 2021. "Correlating the diversity awareness within the organizations of Bangladesh in the era of industry 4.0-Human resource perspective," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 5(09), pages 83-97, September.
    3. Samson Adeoluwa Adewumi, 2022. "Employment Equity Realisation: Assessing the Bridges and Barriers in the eThekwini Municipality of South Africa," Academic Journal of Interdisciplinary Studies, Richtmann Publishing Ltd, vol. 11, July.
    4. Dorian R. Woods & Yvonne Benschop & Marieke van den Brink, 2022. "What is intersectional equality? A definition and goal of equality for organizations," Gender, Work and Organization, Wiley Blackwell, vol. 29(1), pages 92-109, January.
    5. Valentine Calinaud & Jithendran Kokkranikal & Maria Gebbels, 2021. "Career Advancement for Women in the British Hospitality Industry: The Enabling Factors," Work, Employment & Society, British Sociological Association, vol. 35(4), pages 677-695, August.
    6. Tomasz Sosnowski & Anna Wawryszuk-Misztal, 2019. "Diversity on management and supervisory board and accuracy of management earnings forecasts in IPO prospectuses," Ekonomia i Prawo, Uniwersytet Mikolaja Kopernika, vol. 18(3), pages 347-363, September.
    7. KOVÁCS Edit Veronika & HARANGI-RÁKOS Mónika, 2020. "Cities Vs The Countryside €“ Pros And Cons Of Urban And Rural Life," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 530-539, July.
    8. Denis Cormier & Luania Gutierrez & Michel Magnan, 2024. "The link between CSR performance and CSR disclosure quality: does board diversity matter?," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 28(1), pages 237-263, March.
    9. Ibrahim Sameer, 2021. "Impact of corporate social responsibility on organization’s financial performance: evidence from Maldives public limited companies," Future Business Journal, Springer, vol. 7(1), pages 1-21, December.
    10. Darwin Joseph R. & Palanisamy Chinnathambi Selvaraj, 2015. "The Effects of Work Force Diversity on Employee Performance in Singapore Organisations," International Journal of Business Administration, International Journal of Business Administration, Sciedu Press, vol. 6(2), pages 17-29, March.
    11. Ritika Dongrey & Varsha Rokade, 2021. "Assessing the Effect of Perceived Diversity Practices and Psychological Safety on Contextual Performance for Sustainable Workplace," Sustainability, MDPI, vol. 13(21), pages 1-15, October.
    12. Mohamad Noor Al-Jedaiah, 2020. "Gender Inequality and Human Resource Management (HRM) Practices in Jordanian Commercial Banks," International Journal of Human Resource Studies, Macrothink Institute, vol. 10(1), pages 369379-3693, December.
    13. Stavroula (Valia) Kalaitzi, 2020. "Diversity and Inclusion in Health Workforce. Time for the Pygmalion Effect," Biomedical Journal of Scientific & Technical Research, Biomedical Research Network+, LLC, vol. 30(4), pages 23514-23516, September.
    14. Reetesh K. Singh & Mansi Babbar, 2021. "Religious Diversity at Workplace: a Literature Review," Humanistic Management Journal, Springer, vol. 6(2), pages 229-247, July.
    15. Joanna Nieżurawska & Anna Dziadkiewicz & Grażyna Kowalewska, 2017. "Corporate Work-Life Balance Systems in the Opinion of Generation Z: Empirical Study Results," Collegium of Economic Analysis Annals, Warsaw School of Economics, Collegium of Economic Analysis, issue 45, pages 241-256.
    16. Dorceta E. Taylor & Sophia Paul & Ember McCoy, 2019. "Diversity, Equity, and Inclusion and the Salience of Publicly Disclosing Demographic Data in American Environmental Nonprofits," Sustainability, MDPI, vol. 11(19), pages 1-38, October.
    17. Bignya Patnaik & Mahendra Kumar Shukla, 2021. "Diversity and Equality Management System and Perceived Organisational Performance: A Mediating Role of Organisational Citizenship Behaviour," Business Perspectives and Research, , vol. 9(2), pages 215-234, May.
    18. Tehila Kalagy & Sarah Abu-Kaf & Nirit Portughies & Orna Braun-Lewensohn, 2022. "Diversity Climate, Salutogenic Theory, and the Occupational Health of College-Educated Women from Conservative Communities," IJERPH, MDPI, vol. 19(4), pages 1-15, February.
    19. Foster, Benjamin P. & Manikas, Andrew & Preece, Dianna & Kroes, James R., 2021. "Noteworthy diversity efforts and financial performance: Evidence from DiversityInc's top 50," Advances in accounting, Elsevier, vol. 53(C).
    20. Mónika Harangi-Rákos & Christa Pfau & Éva Bácsné Bába & Bence András Bács & Péter Miklós Kőmíves, 2022. "Lockdowns and Physical Activities: Sports in the Time of COVID," IJERPH, MDPI, vol. 19(4), pages 1-22, February.

    More about this item

    Keywords

    Multiculturalism; Equality; Equal employment opportunity; Organisational culture; HRM;
    All these keywords.

    JEL classification:

    • J50 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - General
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • M54 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Labor Management

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cmj:journl:y:2021:i:1:p:117-124. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Serghie Dan (email available below). General contact details of provider: https://seaopenresearch.eu/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.