Strategic policy for the strengthening Shaping and Empowering the diverse workforce
Globalization of Business, changes in the economic conditions and political scenario, geocentric and polycentric staffing policies, changing workforce demographics has created a diverse workforce. The main purpose of this study is to create a Strategic Policy for the Strengthening, Shaping and Empowering the Diverse Workforce. Employees from different countries, background, caste, culture, must be welcomed and accepted. The policies of the organisation should focus on managing work force diversity is to improve productivity, performance of business, to remain competitive, to form better work relationship among employees, to enhance social responsibility and to address legal concerns. The study is conceptual and focuses on the best strategies for managing diversity and future trends related to diversity which can lead to more committed, better satisfied, better performing employees with better performance of an organization. The industry as a whole has to necessarily update its strategies to be competitive and survive. The demand for a competitive product in the market, is the fundamental driving force to keep the Workforce competitive and updated.