Similar to beauty, diversity is in the eye of the beholder. It is a concept and a practice that has been defined and viewed differently depending on the environment in which it is promoted.
With Obama’s recent re-election and our constantly changing, multicultural demographic landscape, corporations have been forced to stop and take notice to Diversity management and its influence on new markets, revenue streams, community outreach and employee recruitment and retention. While the corporations that employ us are slowly warming up to the importance of diversity as a business imperative, a lot of work still needs to be done.
According to a recent Forbes article written by Glenn Llops, Llops states that Diversity management must be a profit center that is measureable and directly connected to revenue generation, research & development activities and new ventures. Diversity can no longer be a cost center valued only as a line item to be cut from the budget when revenue projections are not met. Subsequently, Diversity management must be continuous. (more…)