Impact of Cultural Diversity on Company Performance
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Added on 2023/01/06
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This presentation explores the impact of cultural diversity on the performance of a company, with a focus on Marks and Spencer. It discusses the benefits and challenges of managing cultural diversity, as well as recommendations for effective communication.
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Introduction Aims and objective Research outcomes Meeting of objectives Communication with Stakeholders Conclusion Recommendations Table of content
Research Title “To evaluate about the impact lead by various benefits and challenges of cultural diversity on performance of a company”. An investigation on Marks and Spencer The current presentation consists of aim and objective of the research along with an explanation about its findings and stakeholders. At last, recommendation and conclusion are also included in this presentation . Introduction
Aim of the research The main aim which is associated with performing current research work is, “ To evaluate about the concept of cultural diversity along with determining the impact of benefits and challenges of culturaldiversityonperformanceofacompany”.An investigation on Marks and Spencer. Research Objectives The main objectives associated with current investigation lead out on the Marks and Spencer are stated as follows: To investigate about the main benefits and challenges associated with managing cultural diversity in an organisation. Aims and objective
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Theme 1: Implication about the concept of cultural diversity and equality within a business organisation Research Outcomes Q1) Are you having any implication about the concept of culturaldiversityandequalitywithinabusiness organisation? Frequency a) Yes26 b) No1 c) Neutral Implication3
Theme 2: Main benefits that are associated with management and adoption of cultural diversity within a firm Research Outcomes Q2) As per your view point what could be the main benefits thatareassociatedwithmanagementandadoptionof cultural diversity within a firm? Frequency a) Enhanced productivity level7 b) Better expansion opportunity8 c) Skilled workforces9 d) Improved Brand image6
The findings of current investigation are effectively meeting the set objectives as information about the main benefits and challenges associated with managing cultural diversity in an organisationisprovidedbyit.Ithasbeenfindoutthat enhanced productivity and improved skill of workforce along with better brand image and growth opportunity are main advantages of managing equality and diversity. Meeting of objectives
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Use of online modes of communication is met to collect and transfer all needed information with stakeholders and intended audience which consists of managers, employees, customers and other associated parties of Marks and Spencer along with the researcher and scholars who are having interest in the concept of equality and diversity. Communication with Stakeholders
On the basis of current study a conclusion can be drawn thatEnhancedproductivitylevel,Betterexpansion opportunity, Skilled workforces and Improved Brand image are the main benefits that are associated with management and adoption of cultural diversity within a firm. Conclusion
Ithasbeenfindoutfromcurrentinvestigationthat management of cultural diversity and equality is important andviableforafirm.Thus,implicationofeffective communicationchannelisessentiallyrecommendedfor Marks and Spencer to lead better bonding and interaction among diversified employees which set out base for an inclusive workforces. Recommendations
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