The Background And Organizational Framework Of Berkshire Hathaway

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ORGANIZATIONAL DIVERSITY OR LACK THEREOF Berhshire-Hathaway is owned by one of the richest men in America. Berkshire-Hathaway is a holding company that owns many different companies. According to Reuter (2015), Berkshire Hathaway is made up of companies that if they were independent, nine of them would be among the Fortune 500. So, it is hard to believe that this company is the worst company on diversity efforts as of 2013! This paper will describe and examine the following: the background and organizational framework of Berkshire-Hathaway, types of diversity, lack of commitment to diversity, the company’s reputation around diversity issues, policies, procedures, and practices in place, and how this company could improve. Background…show more content…
Some of the individual companies owned by Berkshire Hathaway are very diverse companies with good diversity practices in place. However, it seems to be a different story with the parent company itself. According to Marketline (2015), Berkshire Hathaway has six women in key positions. This could be a sign that Berkshire Hathaway is trying to add more diversity to its ranks. Only time will tell if this trend will stick for Berkshire Hathaway. Types of Diversity and the Role Each Plays in the Culture of the Organization There are several types of diversity that are in the workplace and each plays a role in the culture of the organization. According to Cal Poly Pomona (2015), the types of diversity in the workplace can be age, gender, race, ethnicity, religion, sexual orientation, socioeconomic background, and capabilities / disabilities. Diversity is a good thing to see in a workplace because it brings different perspectives and ideas to the table. Seeing people of varying ages in the workplace is refreshing because it shows longevity and a respect for knowledge. People are healthier and working longer than ever before collectively. There are people who retire than get another job, retire from that job, and then get a part-time job. Therefore, we will continue to see an aging workforce for some time to come and this is good news for the workplace. It is good to have a mix of genders in the
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