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Globalization, information and communication technologies, and the
millennials who have entered the workforce, compelled corporations
to change their resistant and defensive approaches to diversity and
to proactively address differences. Companies determined that
embracing diversity positively impacts their bottom line, as a
result of the variety of perspectives and skills that derive from
fostering a diverse workforce. To date, the majority of the studies
in the business and communication fields shed light on diversity
engagement in the US and leave room for the further exploration of
how diversity is construed and approached in international milieus.
There is a paucity of recent studies on diversity engagement in the
US and the topic requires current investigation of the newest
corporate engagement in diversity. Diversity in Multinational
Corporations aims to address the two gaps in the literature. For
this purpose, the book analyzes the diversity approaches of
twenty-eight US companies from ten industries to develop a
theoretical framework whose practical application enables companies
to make significant contributions to the environments in which they
operate. The framework addresses the present challenges that
American corporations face in their diversity engagement, namely
low employee engagement and "diversity fatigue," and proposes the
implementation of a new social responsibility approach, whose aim
is to address inequality at a global scale by adaption to the local
environment and less focus on immediate business benefits. Finally,
because the book discusses diversity engagement in global business
environments, its results can be applied by international companies
that operate at a global scale.
Globalization, information and communication technologies, and the
millennials who have entered the workforce, compelled corporations
to change their resistant and defensive approaches to diversity and
to proactively address differences. Companies determined that
embracing diversity positively impacts their bottom line, as a
result of the variety of perspectives and skills that derive from
fostering a diverse workforce. To date, the majority of the studies
in the business and communication fields shed light on diversity
engagement in the US and leave room for the further exploration of
how diversity is construed and approached in international milieus.
There is a paucity of recent studies on diversity engagement in the
US and the topic requires current investigation of the newest
corporate engagement in diversity. Diversity in Multinational
Corporations aims to address the two gaps in the literature. For
this purpose, the book analyzes the diversity approaches of
twenty-eight US companies from ten industries to develop a
theoretical framework whose practical application enables companies
to make significant contributions to the environments in which they
operate. The framework addresses the present challenges that
American corporations face in their diversity engagement, namely
low employee engagement and "diversity fatigue," and proposes the
implementation of a new social responsibility approach, whose aim
is to address inequality at a global scale by adaption to the local
environment and less focus on immediate business benefits. Finally,
because the book discusses diversity engagement in global business
environments, its results can be applied by international companies
that operate at a global scale.
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