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Term Papers on Diversity

Term Paper TitleDiversity
# of Words542
# of Pages (250 words per page double spaced)2.17

Diversity

By the year 2050, nonwhites will represent close to half of
the U.S. population, according to the U.S. Census Bureau
projections.

By 2005, the ethnic minority share of the workforce is
expected to grow to 28 percent, up from 18 percent in
1980 and 22 percent in 1990. Although the African
American population is now the largest minority group, the
Hispanic and Asian populations are growing much faster.

In 1994, the African American population was estimated to
be 33 million, or 12.7 percent of the total population, up
from 11.7 percent in 1980. By 2025, African Americans
are expected to represent 14 percent of the total.

The Hispanic population is 10 percent of the total U.S.
population in 1994, it is projected to be 17 percent by
2025. The Asian population was 3.4 percent of the total
U.S. population in 1994, it is expected to more than double
by 2025.

With all of that stated, the above statistics should erase any
doubt that workforce diversity is a critical business issue
with serious, bottom line consequences, the Texaco lawsuit
has erased those doubts forever. But a well publicized
racial discrimination lawsuit is just one example of how an
organization can be hurt if it is not actively working to
manage and leverage workforce diversity.

Other organizational costs could include depressed
employee morale and loyalty, increased turnover and poor
productivity. On the other hand, if managed well, a diverse
workforce can boost productivity and creativity, increase
market share and make the organization more responsive
to diverse markets.

As a result of these demographic changes as stated above,
the ability of us as future business leaders to attract, recruit,
and develop a qualified workforce from diverse
populations will become critical for business survival.

As managers, e...

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