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MGMT 311
Chapter 4: Diversity
9
Management
Undergraduate 4
11/09/2010

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Term
Managing diversity (FROM BOOK)
Definition
Establishing a heterogeneous workforce to perform its potential in an equitable work environment where all members has an advantage/disadvantage.
Term
AA vs. Diversity
Definition
AA is executive order, legally driven, quantitative, problem focused, reactive.

Diversity is voluntary, productivity driven, qualitative, opportunity focused, proactive
Term
Diversity
Definition
=relationships, understanding the simiarities and differences among our employees, customers, and vendors.
Term
Effects of shifting demographics on HR (3 major functions): Aging in the labor force
Definition
1. Attracting- Higher cost of recruitment
2. Developing: Mentor program to keep tacit knowledge
3. Keeping: continue to treat all employees the same

*older employees stay longer whereas younger employees are more likely to be absent
Term
2 Types of diversity
Definition
Surface level: at first glance
Deep level: cultural background
Term
Aetna case
Definition
arguments for maintaing diversity initiatives:
-increase customers
-increase employee retntion due to satisfaction
-diverse employee to serve diverse customer
-image
-tunover
-legal costs due to discrim.
Term
Generational Diversity:
-Silent generation
-Baby boomers
-Gen X
-Gen Y
Definition
1. Silent generation: elder's value, dedicated to employers and so employers give back, many hold positions of power
2. Baby boomers- 55% of workforce, believe it privacy, freedom of speech, downsizing shocked them so feel betrayed. Hold knowledge and talent and do not leave employers.
3. Gen X: 1/3 of workforce, due to downsizing, they are independent and cynical. They are focused and futre oriented, they demand interesting projects that require sophisticated problem solving. Computer literate.
4. Gen Y: more sophisticated in technology, multitasking, juggle numerous projects, however short attention span and cosntant need for stimulation/entertainment, and blur lines of work and leisure time.
Term
Mid-career platues
Definition
performance at an acceptable but not outstanding level, coupled iwht little or no effort to improve.
Term
Obsolesence
Definition
tendency for knowledge and skills to become out of date
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