Premium Essay

Diversity in Fhe Workplace

In: Business and Management

Submitted By drecon23
Words 2250
Pages 9
Assignment II: Individual
‘Successfully managing diversity can lead to better performing employees and potentially better financial performance for an organisation’.


The composition of today’s workforce is changing as companies expand across boundaries and increased globalisation facilitates the movement of labour from one country to another. Modern companies comprise employees of varying ethnicity, languages, cultural background, sexual orientation and even age as there are even older persons opting to remain in the workforce. Despite this cosmopolitan mix companies have to ensure performance is optimal and business profitable.

Managing organisational diversity levels has now become essential as the pressures of globalised markets and international competition are increasing the amount of diversity organizations must manage, both internally and externally. Diversity specialists (Soutar, 2004; Yang, 2005) have suggested in that in order for businesses and organizations interested in prospering and surviving in the twenty-first century embracing the competitive advantage afforded by a diverse workplace is needed

This report looks at the impact of managing diversity in the workplace and the performance and financial benefits which can be gained from successful management. Novartis Pharmaceuticals is one such company which has placed emphasis on embracing and managing diversity and using this to the company’s advantage.

The Company

Novartis is a global healthcare company founded in 1996 headquarted in Basel Switzerland with a presence in 140 countries providing medical solutions to the evolving needs of patients worldwide (, 2015). Novartis International AG employs approximately 135,696 employees and is also, ranked number one in sales earning US 58.4 billion in 2014. (, 2015). The company produces...

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