Diversity is usually an essential element for the success of a business. The contemporary business organization requires human resources from diverse backgrounds due to the increase in the level of globalization. Diversity can be described as the act of acknowledging, understanding, and respecting people without taking into consideration their age, class, race, ethnicity, and disabilities. Diversity matters in business because teams working together on complex and expensive projects can learn various skills from their fellow workers who come from diverse backgrounds. This essay critically examines the issue of workplace diversity in the contemporary business environment. Thanks to economics essay writing service I wrote more about this business environment.

There is a significant connection between the handling of diversity issues in the workplace and organizational performance. An organization that recognizes diversity will have good reputation among its clients and other stakeholders. This aspect can also contribute to the attraction of loyal customers who can contribute to an organization’s income.

One of the important forms of human differences likely to be encountered while working in the US is that there are people who are perfectionists and have a passion for excellence. This attribute can be used and executed in the workplace for the benefit of an organization. There is also the likelihood of encountering the Hispanics, who speak Spanish. Learning their language, gestures, and mannerism can enhance communication with them as a target market. In addition, there is the likelihood of meeting clients from families with a high socio-economic status. This chance can be utilized for establishing significant social networks with the affluent and respected people in the US.

The recommended strategy for businesses to implement when targeting the Hispanics is enhancing the issue of brand loyalty. This is because they have a potential to embrace a particular brand that recognizes and respects their culture. Therefore, it is advisable that businesses develop a significant customer relationship management that specifically targets the Hispanics and Latinos. Furthermore, the training of individuals from the Latino and the Hispanic backgrounds is also paramount in making them feel the sense of belonging.

In conclusion, diversity in the business environment is a critical element in the achievement of success. Therefore, it is an obligation for the management of companies to ensure they establish an effective recruiting strategy that will allow people from diverse backgrounds. This aspect can contribute to the employees’ appreciation of the cultural, social, and other relevant forms of diversity.