Nokia-Talent Management

Diversity is a wonderful asset to an organization and brings with it many benefits. Employees bring in their own personal experiences and knowledge to the team (Burns & Kerby, 2012). Having diverse teams allows for the possibility to fix a problem or perfect a process by using different employee’s experiences and past knowledge to find solutions. A diverse workforce can drive economic growth and capture a greater share of the consumer market (Burns & Kerby, 2012). With diversity as a core value, the recruitment pool is widened to find the most qualified candidate and reduces employee turnover as a result. An organization can be highly competitive with a diversity initiative by adapting to a changing environment (Burns & Kerby, 2012).

Diversity within an organization is a blending of people from various cultural, religious and ethnic backgrounds. Diversity has challenged organizations to set realistic goals for its leaders as well as its employees. The organization must look at the moral, ethical and social responsibilities it has toward its employees and understand their legal obligations set by laws. It is important for

As Shen, Chanda, Netto, & Monga (2009) point out, "workforce diversity acknowledges the reality that people differ in many ways, visible or invisible, mainly age, gender, marital status, social status, disability, sexual orientation, religion, personality, ethnicity, and culture," (p. 235.). These differences will vary from place to place, and from organization to organization. Therefore, the human resources management must respond to the situational variables, not making generalizations about the needs of the organization to promote diversity and the strategies that can be implemented. The human resources manager risks wasting valuable resources on procedures, policies, and programs that are not fruitful in promoting genuine employee integration without understanding the specific variables impacting the organization at the moment. As the organization has already seen, hiring a diverse workforce is an insufficient action. Having an organizational culture that supports and promotes total team integration is a process requiring the support from every level of management. Management needs to play an active role in ensuring that diversity is represented in senior positions, if it hopes to see a productive and diverse workforce of subordinate personnel.

Diversity in the organization can affect the employees and their behavior in many ways. The effect can be positive and negative in the same time. The positive effect is, it will wider employee knowledge, skills, and attitude which will allow the organization to become more competitive globally. Higher diversity of employees mean higher diversity of knowledge, skills and abilities. Sharing experience inspires innovative thinking (Claudia Quaiser-Pohls, 2013, p. 41). Today in the modern workplace, most organizations will have

Talent management is a complex issue in many organizations where the management usually grapples with during the 21st century. Effective businesses manage and embrace its talent pool in the growing business complexity. Particularly, effective talent management in the modern business environment should boost knowledge development along with sharing knowledge, and acknowledging that all its employees should be able to swiftly react to challenges and change. Leaders must in the forefront in nurturing and grooming the young generation to take over the leadership in the organization in the future to avoid management gaps or avoid in the prospect. Organizations should acknowledge that they have the best talent to thrive in the ever-changing competitive and more complex universal economy. Besides facing the pressure to recruit, build up, as well as retain capable individuals, companies are conscious that they should supervise talent as a vital asset to attain the best results. Companies have recognized that managing talents play a critical role in increasing productivity, thus improving efficiency in the organization (Schweyer 2004).

It is very important for leaders and managers to embrace a diverse workforce. Because diversity could possibly add influence to the market share, and could widen the talent in the recruitment process for the organization. In addition, the organizations could benefit from the various perspectives and experiences; for example, different races, gender, and age groups within the workforce. However, a diverse workforce might also be challenging; for instance, leaders and managers may spend too much time in promoting

Many factors contribute to a diverse workforce this maximises the potential of all employees, which benefits the organisation reaching its goals both internally and externally.

The concept of diversity has broadened in scope in the recent past, evolving from the concept of mandated quotas and affirmative action, to the reality of a diverse workforce being capable of providing quantifiable business value. A variety of external factors have influenced the conceptual evolution of diversity within the workplace. For example, globalization of markets has provided the concept of diversity with an opportunity to demonstrate a clear competitive advantage. A native understanding of the cultural values, norms and business practices of a foreign market can give an organization a clear advantage over their competition. Another area where diversity offers advantages is in the

As companies are becoming more and more diverse it 's becoming more and more important for companies to understand and manage it. The people of different background, races, religion creates diverse workforce. There is an importance of having diverse workforce to provide better performance. There are perspectives of managing the diverse workforce, which require organization leaders and managers of being responsible of attaining better diverse workforce.

Each individual in the world is one of a kind from another individual due to their distinctive religion, qualifications, their observation and age. Professors from York University state “Companies that employ effective diversity strategies will find hidden talents and new perspectives when they attract employees from other cultures; and these hidden talents will enhance the organizational efficiency and productivity of the company. (Foster & Jacobs, 2014, P.11)”. A quote that relates to this is “Perhaps the strongest rationale for incorporating diversity is to increase productivity among all workers, especially among groups that have historically been underrepresented and underutilized (such as women, people of color, people with physical disabilities, older workers, and gay or lesbian employees). (Wentling, P.2)”. These quotes relate with one another because they both state by hiring individuals that come from different backgrounds with various abilities and methods will increase productivity amongst all workers in the company. Additionally, “Pooling the diverse skills and knowledge of culturally distinct employees together can immensely benefit the company by strengthening the responsiveness and productivity of the team to adapt to the changing conditions. (Dike, 2013, P.18)”, is another

The general line of reasoning is that if we learn to incorporate each other’s diverse traits and characteristics in the workplace, we can then use these differences to foster an innovative environment, which will give the company a competitive advantage over the competitors that do not accept workforce diversity. According to the Allied Academies International Conference, “Diversity is rapidly becoming a common practice among companies due to the increasing number of minorities entering the job market today. As these groups become more prevalent throughout companies, upper-level employees are facing numerous challenges when determining what changes must take place to create a positive working environment for everyone. Management is responsible for the development and implementation of effective policies directly relating to diversity to ensure the acceptance of minorities into the workplace and to aid in minorities’ success through equal opportunities and treatment.” (Marcia L. James, 2001, Academy for Studies in International Business Proceedings)

Diversity is many things; a bridge between organizational life and the reality of people’s lives, building corporate capability, the framework for interrelationships between people, a learning exchange, and a strategic lens on the world” (para. 3). The long-term success of any business calls for a diverse body of talent that can bring fresh ideas, perspectives and views to their work. The challenge that diversity poses, therefore, is enabling some managers to capitalize on the mixture of genders, cultural backgrounds, ages and lifestyles to respond to business opportunities more rapidly and creatively. According to Helium” A benefit of a diverse workforce is the ability to tap into the many talents which employees from different backgrounds, perspectives, abilities and disabilities bring to the workplace” (para. 5). An impressive example of this is found at the BMC HealthNet Plan because of different languages necessary to serve their members fairly. Diversity of their workforce helps them reduce cost by not using the language line too often. Their own employees serve as interpreters to provide better customer services to their diverse populations.

population. Companies need to focus on diversity and look for ways to become totally inclusive organizations because diversity has the potential of yielding greater productivity and competitive advantages (SHRM, 1995). Stephen G. Butler, co-chair of the Business-Higher Education Forum, believes that diversity is an invaluable competitive asset that America cannot afford to ignore (Robinson, 2002). Managing and valuing diversity is a key component of effective people management, which can improve workplace productivity (Black Enterprise, 2001).

With today's workforce becoming increasingly diverse and organizations doing more to maximize the benefits of the differences in employees, organizations are relying on managers to get the people who get the job done. People have always been the central to organizations, but there strategic importance is growing in today's knowledge-based business world. An organization's success increasingly depends on the knowledge, skills, and abilities of its employees excluding there gender, age, ethnicity, and the differences in skill and abilities. When employees' talents are valuable, rare, difficult to imitate and organize, an organization can achieve an advantage. Having managers or human resource departments that are superb for

Talent acquisition is defined as the “strategic approach to identifying, attracting and onboarding top talent to efficiently and effectively meet dynamic business needs” (Erickson, 2012). Talent acquisition has the unique role of ensuring job applicants not only have the right credentials for the job, but also have the right mentality for the job. In other words, the person who ultimately will be offered the job needs to ‘fit’ within the firm’s structure and culture.