The challenge of managing diverse teams Assignment

The challenge of managing versatile teams - Assignment Exampleing a socially responsible and fair image for a brand, ensuring greater productiveness and efficiency and creation of new business opportunities and encouraging higher flexibility and better creativity among the mens (Loysk, 2001). other ancillary benefits of embracing diversity in workplaces are the strengthening of the public diversity reputation of the company, alter the image of the company in the minds of the conscious customer groups and enhancing the team and departmental decision making processes by enabling the generation and accession of varied idea sources.The main challenges associated with building and maintaining a diverse workforce include high investments for ensuring efficient diversity worry, reducing conflicts among the employees from contrastive backgrounds, controlling and managing prejudices and negative attitudes towards co workers from different backgrounds, promoting effective communication a nd transparency within all levels of the organization and providing sufficient resources and assets towards the continuous development and management of the heterogeneous groups of employees (Clutterbuck and Ragins, 2002).The ability to develop and manage a diverse workforce groups is highly significant for the sell constancy. This is because the retail industry is a multi layer industry with high levels of concentration, competition and inherent complexities associated with the way this industry functions. As such, the human resources of the company are the most valuable knowledge assets of companies operating in this industry. Since, in that location are many employment opportunities and options available to the employees working in retail companies, therefore, it is important for the comparison to fall upon suitable steps to ensure that they are able to manage diversity, reduce discrimination and create a fair and just place of work for the employees. This helps to increase t he competitiveness of the individual retail companies by retaining the