Research Report: Impact of Cultural Diversity on Business Performance

This report examines the impact of cultural diversity on organizational performance, focusing on McKinsey & Company. It begins with an introduction and outlines the aims and objectives of the study, which is to analyze the impact of a culturally diverse workforce. The research methodology employed includes a quantitative approach with a deductive research approach, utilizing both primary and secondary data collection methods. The report analyzes data through several themes, including the concept of cultural diversity, employee satisfaction, the impact of the culturally diverse workforce, and the strategies used by the company to manage cultural diversity. The conclusion summarizes the positive impact of cultural awareness, while also acknowledging potential challenges. Recommendations are provided, suggesting the implementation of training and development sessions. The report references key sources such as Kumar (2019), Taherdoost (2016), and Wang et al. (2019).