Diversity Definition With Example
The important point in the formal meaning is that it.
Diversity definition with example. Workplace diversity is a common topic of conversation among employers hiring managers and recruitment professionals. For example when researchers studied the gender composition of management teams of the top firms in standard poor s composite 1500 list they found that on average female representation in top management leads to an increase of 42 million in firm value economic diversity matters as well. Meanings range from a state or fact of being diverse or different to a variety of opinions. Diversity definition the state or fact of being diverse.
And over the years it has become less a case of simply factoring in age gender and race and more about hiring a wider range of people to add value to businesses. The fact of many different types of things or people being included in something. The definition itself is a form of diversity. But diversity and inclusion in the workplace isn t just a hiring fad.
The diversity of something is the fact that it contains many very different elements. Unfortunately diversity is still very much lacking on its board. In 2020 marriott international was no. 20 people chose this as the best definition of diversity.
Meaning pronunciation translations and examples. The diversity definition refers to the existence of variations of different characteristics in a group of people. These characteristics could be everything that makes us unique such as our cognitive skills and personality traits along with the things that shape our identity e g. As of june 2020 its 12 member board of directors has one black man one black woman one hispanic man three white women and six white men.
1 on diversityinc s top 50 companies for diversity list. Quality state fact or.