Diversity Profit Equation - 4565 Words

The Diversity Profit Equation Corporate White Paper Written By: Craig B. Clayton, Sr. Published By The Diversity Profit Rutgers University - Paper Attached Journal – â€Å"The Diversity Factor† Equation dPE This document explains the process of calculating the impact of Diversity and Inclusion efforts on the organizations top line, bottom line and pipeline. It was written by Craig B. Clayton, Sr. one of the worlds leading experts on DI and ROI. He holds a process patent on the Diversity Management Process and has written and published articles linking DI efforts and programs to performance, productivity and profitability. He has developed the â€Å"Business Validation Assessment† tool which calculates a Leadership†¦show more content†¦The numbers are quoted on their Web sites and in their corporate documents with a tremendous sense of pride. However, becoming diverse should not be thought of as a goal. In reality it s a train that has already left the station. So what does diversity mean in today s corporate world? Many organizations have rapidly become diverse. With shifting populations in the United States, achieving diversity doesn t require much effort. But for many, diversity is still a code word for afï ¬ rmative action. Many companies have developed diversity programs, but their only metric for success is measuring the hiring and promotion of women and people of color. Yet progressive companies understand that diversity management extends far beyond hitting the numbers or compliance. It includes a wide range of activities designed to proactively create an inclusive work culture—succinctly described by the U.S. Military s Ofï ¬ cer Training Corp. as an environment that gives all members of the workforce the opportunity to be productive, without disadvantaging anyone. Having diversity, while inevitable, does not automatically bring harmony, success and profitability. So the challenge looks something like this: Having diversity, while inevitable, does not automatically bring harmony, success and proï ¬ tability. In fact, it can cause more problems if theShow MoreRelatedAn Analysis of the Financial Management of Competition Bikes Inc816 Words   |  3 Pagescontrol over financial reporting is effective based on those criteria. Cooper and Kaplan (1998) said that activity based accounting is characterized by value enhancing effect on pricing decision and profit performance. The company by adopting activity based costing will be able to realize remarkable profits since activity based costing allows better price differential among products and customers that is, it is able to reverse price distortion. For the company to be accurate in its evaluation of dataRead MoreBillabong International Limited Financial Analysis Essay1519 Words   |  7 Pagesover the five years from financial year 2010/2011 to 2014/2015 is supported by the company focusing on the key strategic priorities of the company which include: the brand associated with Billabong where the company has a very strong brand; the diversity of its products and services in that Billabong has a variety of products in various sectors; marketing strategy where its products are either sold through retail or wholesale or using another format which is online retail ecommerce that scales theRead MoreMultiracial Identity in Essays by Julia Alvarez and Danzy Senna876 Words   |  4 Pagesthere was either black or white and no halvsies. Despite her fathers choice of white female companionship, her father made her define herself as black. 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It was hypothesizedRead MoreWe Must Promote Diversity in the Workplace Essay953 Words   |  4 PagesAs the American workforce continues to become more and more diverse, it is becoming even more important for organizations to recognize the diversity of their employees and adopt policies surrounding diversity issues. The US Department of Labor estimates that more than 75% of workers currently entering the workforce are women, immigrants, or people of color (Clayton, 2010). Today’s organizations are facing a more diverse workforce, and customer base, than they did even as short as five years agoRead MoreEthical Cross Cultural Perspectives at Starb uck’s Coffee Essay1207 Words   |  5 Pagesprotection will be taken advantage by the MNC who see a low tax burden or a low labor costs as an advantage. Evidence suggests that MNCs will readily present themselves of lax environmental regulation or poor labor standards, and make profits more easily obtainable. MNC profits are tied to operational efficiency, which includes a high degree of standards and are more likely to adapt production processes in many of their operations to conform to the standards of the either the USA, Japan or the EU whichRead MoreThe Marketing Strategy Of Kevin Plank Essay1210 Words   |  5 Pagesstrategy application. For this reason we may enumerate the issue with the decreasing of outsourcing, namely the supplier influence, the bargaining power and the condensing risk in the process. These realities lead the search of competitive geographic diversity in the global market, the reduction of product innovation competitors. Nonetheless, Under Armou r brand advertise itself as the uppermost quality, and subsequently it proclaims higher price points for its shoe line. In like manner, Under Armour outlinesRead MoreThe Components Of A Triple Bottom Line991 Words   |  4 Pagesefficiently for both the present and future needs 3. Profit: Real economic benefit enjoyed by the host society, in other words, positive economic value created by organization after deducting the cost of all inputs + capital costs tied up B. A typical Bottom Line refers to a company’s net earnings, net income or earning per share. In other words, any action that would result in an increase/decrease of net earnings of a company’s overall profits. This definition is one-dimensional in the sense thatRead MoreOrganizational Behavior Essay1553 Words   |  7 Pagesadditional problems. Management went back to the drawing board, and developed a new strategy. First, they spoke in a language that operators understood-money. They revealed how costly a miss-process was, and how it directly affects the organizations profits. Second, the approach changed, after a mistake, instead of using the blaming method, a learning opportunity took place. Managers, Engineers, Equipment technicians, and operators all evaluated the process. 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Business Ethics and Social Responsibility Essay - 1471 Words

Ethics in the workplace help the organization to grow and prosper. They bring about leadership, work culture and literacy. Ethic are beliefs about what’s right or wrong and good or bad based on individual’s values and morals, plus a behavior social context. Ethical behavior conforms to individual beliefs and social norms about what’s right and good. Unethical behavior conforms to individual beliefs and social norms about what’s wrong or bad. Business ethics refers to ethical or unethical behavior by employees in the context of their jobs. Ethics are talked about frequently and addressed in the news when unethical decisions are found. Sadly, people do not hear about ethics when others are engaging in ethical behavior on a daily basis. Keep†¦show more content†¦Ethics are thought of by many people as something that is related to the private side of life and not to the business side. In many businesses, having ethics is frowned upon or thought of as a negative subject. This is because business is usually about doing whats best for number one, not about whats really the right thing to do. Personal ethics is a branch that determines the code of conduct one adheres to. It’s a course of action an individual decides to take up in order to reach the ultimate truth. Following personal code of ethics brings accountability and responsibility to life. It gives a purpose and direction, bringing out a meaning to life. Personal ethics are huge determining factors of ethics at the workplace. The usage of proper ethics in any workplace is vital to the success of the company. Unfortunately, companies fail and people sometimes even go to jail because of unethical decisions made at work. Take ENRON, for example. Were the actions of Enron’s CEOs a good example of ethics? No. But, what they were a classic example of was two things: One, those actions displayed how ethics were not used in any way. Two, their actions painted a grim and realistic picture of what can happen when ethics are neglected. Had ethics been considered in the first place by the leaders of the company, there would have been no scandal. If ethics were used on a daily basis in every company, there would neverShow MoreRelatedSocial Responsibility And Business Ethics Essay1470 Words   |  6 Pagesrole of social responsibility in business organizations and society. This paper will compare similarities and differences between Cohen’s perspective on social responsibility to the social responsibili ty and business ethics theories of Drucker and Milton Friedman. Furthermore, this paper will provide a frame of reference on corporate social responsibility and business ethics presented in other research. Social Responsibility Defined Cohen, 2009 wrote in his article that Drucker defined social responsibilityRead MoreBusiness Ethics And Social Responsibility1167 Words   |  5 PagesCOMPARITIVE BUSINESS ETHICS AND SOCIAL RESPONSIBILITY Essay on Ethics and corporate Social Responsibilities SUBMITTED BY: Karuna Shrestha SID# TIA2346 SUBMITTED TO: Understanding Ethics and CSR (Corporate Social Responsibilities) Corporate social responsibility is no more characterized by the amount of cash an organization adds to charities, yet by its general inclusion in exercises that enhance the nature of individuals lives. Corporate Responsibility has come up as a huge topic in theRead MoreBusiness Ethics And Social Responsibility1828 Words   |  8 PagesIntroduction Businesses nowadays hold a lot of responsibility when developing and selling products/service ethically. Business ethics is the discussion that many scholars are talking about in securing a business’s reputation and success. 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However, the first group collaboration was our own code of ethics; from there, students were required to follow it asRead MoreBusiness Ethics and Social Responsibility665 Words   |  3 PagesBusiness Ethics and Social Responsibility Sexual orientation discrimination includes being treated differently or harassed because of your real or apparent sexual orientation -- whether gay, lesbian, bisexual, or heterosexual. This type of discrimination may be illegal in your workplace, depending on where you work. This is not a personal problem that should be handled among themselves. As an Equal Employment Opportunity company, the company should ensure that guidelines are given andRead MoreBusiness Ethics And Corporate Social Responsibility Essay1382 Words   |  6 PagesSOLUTION Business Ethics Business ethics are moral principles that guide the way a business behaves. The same principles that determine an individual’s actions also apply to business. 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I think weRead MoreBusiness Ethics and Social Responsibility Essay233 3 Words   |  10 Pagesvarious interpretations of four separate authors in respect to ethics and social responsibility as they apply to business. The four articles to be reviewed are; â€Å"The Social Responsibilities of Business is to Increase its Profits† by Milton Friedman, â€Å"The Relevance of Responsibility to Ethical Business Decisions† by Patrick E. Murphy, â€Å"What is ‘business ethics’† by Peter F. Drucker and â€Å"To Be Ethical Not To Be: An International Code of Ethics for Leadership† by Ala’ Alahmad. Each of these articles representsRead MoreBusiness Ethics And Corporate Social Responsibility1502 Words   |  7 Pages Nowadays, a business wants to exist and grow in a society, which business ethics and corporate social responsibility are sensitive and crucial objectives, the business should do what is right. Many people agree that business does not exist beyond society, it is a citizenship in the society. 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Hawthornes The Blithedale Romance Ideology as Woman free essay sample

An analysis and description of the themes and characters. An examination of Hawthornes `The Blithedale Romance`. The author analyzes the two main themes in the novel: transcendentalism and materialism and how they are depicted in the two main characters, Zenobia and Priscilla. `Readers of The Blithedale Romance would do well to keep the motif of layered identity uppermost in their minds when examining the back story of this novel. For example, despite his entreaties not to see Blithedale as Brook Farm, it appears folly not to do so. There are just too many parallels. There is too much of Hawthorne in Coverdale for the reader not to draw another connection there. However, Hawthorne applies even more complex layered ideological identities to his two main female characters, Zenobia and Priscilla. The former, with her assumed name, epitomizes the various tenets of Transcendentalism, whilst the veiled Priscilla represents Materialism. Thus an exploration of the two characters provides the reader with an exploration of Hawthornes attitude towards both Transcendentalism and the Materialist society in which he lived. We will write a custom essay sample on Hawthornes The Blithedale Romance: Ideology as Woman or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page `

What It Means to Be a Blackbelt free essay sample

The history of Tae Kwon Do has taught me that becoming a black is not about what color material you receive. Tae Kwon Do black belts never quit. They work hard to achieve goals, even when the journey is difficult. I have learned to never retreat in life, and that victory is the goal. Becoming a black belt has always been a goal of mine. The respect and honor you gain from becoming a black belt is priceless. Knowing you worked hard for a black belt makes your accomplishment so much better. I have been taking Tae Kwon Do for over four years and am yet to have earned my black belt. The school I train under believes in working hard for the rank of black belt, and this can take a very long time. I believe the long road will make the destination that much more rewarding. Another goal I have is to attend college at Clemson University, after graduating high school. We will write a custom essay sample on What It Means to Be a Blackbelt or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page After college I hope to be a professional chef. My goals of going to college to become a chef have been with me ever since I can remember. Growing up around my grandparents who were always cooking got me interested in becoming a chef. Tae Kwon Do has taught me to stay in pursuit of this goal. In order to be the best college student and the best chef, I know I need to be a leader and not a follower. During the Tae Kwon Do summer camps I had a chance to practice my leadership skills. My instructor, Mr. Cloninger, allowed me to teach the Tae Kwon Do classes to work on and critique my leadership skills. Instructing the students really helped me correct my own mistakes in technique and forms. As I have grown through the ranks, my instructor has allowed me to instruct the classes. Instructing is another way of learning. If you cannot teach the material you truly do not understand it yourself. This is required to perfect your material, as I learned from personal experience. I believe my instructor, Mr. Cloninger, is an example of a great leader. He pushes me to my limit and beyond. He makes me a better person, better in the karate school, and in the community. Mr. Cloninger is dependable, hardworking, and possesses many great character qualities. Displaying good character is essential for being a great leader and a great black belt. Positive characteristics, such as respect for others, self-control, obedience, and humbleness, are the building blocks of a well-trained black belt. Respect is always important when training. Respect is earned. It is not simply given to you. You must work hard and be respectful to your instructor. Self-control is an important characteristic to have, not only in martial arts, but also in life. Self-control is harnessing your actions and emotions. When in training all emotions must leave the room. Your mind should be set on your material and goals. Self-control also applies in every day life, whether it is when you are driving down the road and some one cuts you off, or when your peers upset you at school. Obedience is another attribute a black belt must have. Whether it be listening to my parents or my instructor, I need to be able to listen and follow through when something is asked of me. Black belts are portrayed as people that can be trusted, doing what they are told and doing it the first time. Obedience comes easier when you have respect for others and self-control of your own wants and desires. A true black belt should be humbled in his achievement of his rank. Black belts should have respect for the art and not use their rank to show off, bully, or be intimidating. Black belts should not to be portrayed as cocky, arrogant or boastful. This is not being a good leader or representative of martial arts. I continually try to implement respect, self-control, obedience, and other positive characteristics into my life. These characteristics help me learn in school, train in Tae Kwon Do, and be a good member of my family. I am grateful and honored that I was given the chance to test for my black belt. I received the best training from Mr. Putnam and Mr. Cloninger. These great leaders have taught me to stay strong and to work hard for my goals. If I receive the rank of black belt, one of my many goals will have been accomplished. My journey to becoming a black belt has taught me to display great character, build my leadership skills, reach my goals, and understand the meaning behind Tae Kwon Do. I look forward to continuing my Tae Kwon Do journey for many years to come.