MBA502 Assessment 2: Cultural Diversity in an Australian Firm

This PowerPoint presentation analyzes Chartered Accountants Australia & New Zealand's approach to cultural diversity within its workforce, fulfilling the requirements of an MBA502 assessment. The presentation begins with an introduction to cultural diversity and its significance in the modern business environment, specifically within Australian firms. It then provides an overview of Chartered Accountants Australia & New Zealand, detailing its services and objectives. The core of the presentation focuses on the firm's initiatives to promote cultural diversity, including hiring strategies and incentives. The analysis includes the sourcing of information from the firm's employees and presents a critique of the firm's diversity initiatives. The presentation concludes with recommendations for improving the firm's diversity management and offers a brief conclusion based on the discussed points, along with a list of references.

CULTURAL DIVERSITY IN AN
AUSTRALIAN FIRM
NAME OF THE STUDENT
NAME OF THE UNIVERSITY
AUTHOR NOTE

INTRODUCTION
 Cultural Diversity is considered to be one of the most important issues faced by the
world in the current scenario.
 Cultural Diversity refers to the system where people of various cultures can work
together freely without any problems.
 Firms in many countries of the world including Australia are promoting cultural
diversity so that people feel encouraged to work in such settings.
 Chartered Accountants Australia & New Zealand is one such firm which promotes
cultural diversity in its workforce, as they feel such diversity will help them in
getting more business and earning more profits in the marketplace.

 The firm has been taking various strategies to ensure that they maintain a strong
cultural diversity presence in the firm itself so that they can hire more people based
on different cultures.
 The purpose of this PowerPoint Presentation is to do an analysis of the firm named
Chartered Accountant Australia & New Zealand to find out what they do and at the
same time how they manage to keep cultural diversities in the workforce and
suggest how they can improve their services in the workforce as well.

CHARTERED ACCOUNTANTS AUSTRALIA &
NEW ZEALAND

INFO ABOUT THE COMPANY
• Chartered Accountants Australia & New Zealand is the professional membership organization which consists of
more than 100, 000 members based in Australia, New Zealand and in other countries of the world (DeNetto et.all,
2014).
• The company’s main services include providing a relevant professional service to all its members who join the
service, so that they are able to stand out for themselves and make a name for themselves in the marketplace for
themselves.
• Their other functions include operating at a level so that they are able to build a network which would help them to
gain more popularity in the world itself.
• The company plans to develop more advanced technologies for delivering development response to the marketplace
(Bakes-Gellnar, 2013).
• For achieving these objectives successfully, the company has been promoting cultural diversity in the workplace in
the recent years to attract more employees and customers.

INITIATIVES TO PROMOTE CULTURAL
DIVERSITY IN WORKPLACE
• Chartered Accountants of Australia and New Zealand is a said to promote cultural diversity in the
workplace to make sure that the employees are happy and satisfied with the work they are doing.
• Firstly, the company has made the strategy to hire employees from different cultures to make sure
that the company is able to reach the different cultures for it to be successful.
• This would ensure that the employees belonging to different cultures would be able to focus on
jobs which are related to their cultures (Bakes-Gellnar, 2013).
• Using the different cultures of the world, the company has made sure that the people from all the
culture of the world are interested in the work that they perform, which would help to ensure the
success of the job that they are performing for the company.

• Other ways by which the company is trying to promote the cultural diversity in the
workplace includes providing benefits and the incentives to the people from different
cultures so that the company will be able to reach more countries and cultures in the
world where they would be able to do their business and earn more profits (DeNetto,
2014).
• All these strategies taken by the companies would help to ensure them to make sure that
the company makes use of more of culture diversity not only in the workplace itself but
also in other branch offices where the companies have their employees (Bakes-Gellnar,
2013).
• Thus, all these steps will help the company to ensure that the company is successful in
its achievement of the goals and the objectives cultural diversities in the workplace.

SOURCES
• Sources for the authenticity of the cultural diversity of the company can be stated from the
employees themselves who have prior experiences of working in the company for a number of
years itself .
• These sources include a number of Asian employees as well as ex-employees from the company
who state that cultural diversity in the company has helped them to overcome many difficulties in
the company itself which would allow them to deal with both international as well as national
clients who they intend to serve in the country through their strategies as well as objectives
(DeNetto, 2014).
• Thus, it can be said that the company has reliable sources for them to make sure that the clients as
well as the customers are satisfied by the quality of the jobs that they perform in the country
themselves.

• The company can improve a number of strategies which can help
the employees to overcome their problems with the company.
• The second step involves making policies so that the people from the
other cultures feel interested in working with the people themselves
and providing
STEPS TO IMPROVE THEIR SERVICES

CONCLUSION
• From the above discussions, it can be concluded that Chartered
Accountants of Australia & New Zealand indeed plays an important
role in developing the cultural diversity of the country itself as it
helps the country to overcome the biasness of the cultural diversity
itself.

REFERNCES
• D'Netto, B., Shen, J., Chelliah, J., & Monga, M. (2014). Human
resource diversity management practices in the Australian
manufacturing sector. The International Journal of Human Resource
Management, 25(9), 1243-1266.
• Backes‐Gellner, U., & Veen, S. (2013). Positive effects of ageing and
age diversity in innovative companies–large‐scale empirical evidence
on company productivity. Human Resource Management Journal,
23(3), 279-295.