Strategies for Building a Diverse and Inclusive Workforce

Managing a Successful
Business Project
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Table of Content
TITLE: What strategies and initiatives do companies put in place to build a diverse and inclusive
workforce?.......................................................................................................................................3
INTRODUCTION...........................................................................................................................3
LITERATURE REVIEW................................................................................................................3
RESEARCH METHODOLOGY....................................................................................................5
FINDING, ANALYSIS AND DISCUSSION.................................................................................6
CONCLUSION AND RECOMMENDATIONS..........................................................................11
REFERENCES..............................................................................................................................12
REFERENCES..............................................................................................................................12
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TITLE: What strategies and initiatives do companies put in place to build a
diverse and inclusive workforce?
INTRODUCTION
Overview: The research is undertaken for determining various strategies that can be
adopted by the company for making their workforce inclusive. For this the existing strategies
that are followed by Tesco are analysed. Along with this research is conducted with the help of
which the opinion of the employees working in the organisation can be analysed. Such analysis
facilitated interpretation with which various recommendations are provided to the company by
the investigator that can promote equality and diversity at the workplace (Hawkins, 2017).
Aims: The aim of the project is to identify various strategies that can be adopted by the company
for building a diverse and inclusive workforce. A case study on Tesco.
Objectives: The objectives of this research are:
 To create an understanding of benefits of equality, diversity and inclusive workforce at
the workplace.
 To determine various challenges that can be faced by the company due to diversity in the
workforce.
 To identify various strategies and initiatives that is adopted by the managers of Tesco.
Questions:
 What can be the benefits of equality, diversity and inclusive workforce at the workplace?
 What are the challenges that can be faced by Tesco due to diversity among the
employees?
 Which strategies can be adopted by Tesco for developing a diverse and inclusive
workforce?
LITERATURE REVIEW
MNC’s strategies and initiatives
According to Katie Reynolds, 2017, promotion of inclusiveness and diversity in workplace
can help in building an open-minded global company culture. It helps businesses to better
understand it employees, clients and customers around the world while making the working
environment more friendly and innovative. Having a diverse working environment will help in
increasing innovation in company as people belonging to different experiences and backgrounds
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can work together so that company goals and objectives can be successfully met. There are
various strategies through which diversity in workplace can be built like increasing cross-cultural
diversity in workplace, valuing the perspectives and ideas of people, increasing equal
opportunities to all etc. which can help in increasing diversity and inclusion in company. These
strategies can help MNCs in becoming successful and sustainable in the competitive business
environment. This also helps the company to create a strong brand image in market and
attracting talented people to apply for job roles in the company (Iganski and Mason, 2018). Thus
the company must take proactive steps in embracing equality in company and building a diverse
working environment so that workers belonging to different culture, age, sex, religion etc. can
work together in harmony. This also help in increasing integrity in company which is important
for achieving company goals in an efficient and effective manner.
Equality
As per the views of Zach Lazzari, 2019, equality in workplace helps in ensuring fair and
equal treatment to all the workers who work at a workplace which help in increasing their growth
and development and creating a friendly working environment. This is also important to be
followed in company so that legal legislations of country can be followed which help the
company in working within the legal framework of country. This help in increasing the brand
image of company and boosting the confidence of all its stakeholders those ethical and legal
practices are followed n company. Equality is related with giving equal and indiscriminate
opportunities to all the workers irrespective of their caste, religion, culture etc. which is
important so that growth of workers can be achieved. Equal working conditions also increase
motivation of workers and they try hard to achieve company goals in an efficient manner which
helps company in achieving a competitive advantage in market. Equality thus help MNC to grow
and expand in market which can help it in increasing its sales and profitability and also
expanding its customer base.
Diversity
According to the views of Elisabeth Natter, 2019, workplace diversity has been increasing
with the increase in expansion of companies which has lead to a change in the composition of
workforce. People belonging to a range of religion, sex, caste, age etc. work together in a
company resulting in a diverse working environment. Diverse working environment help
businesses in increasing their profits and brand image in marketplace which increase their
profitability and help in their expansion. Diversity also help in bringing varied ideas from people
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