Accomodating cultural diversity
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“One of the main reasons I chose Hult was the incredible diversity of students and the international element we possess here.Studying and sharing a campus with students from different nationalities has been an awe-inspiring experience.
An inclusive atmosphere of cross-cultural cooperation is an excellent way to bond colleagues and teams across the business.
Diversity Inc annually recognizes the top 50 most diverse companies and measures their success against the broader market.
Recent research from Mc Kinsey also underscores the fact that diversity is good for a business’s bottom line.
Often, a product or service needs to be adapted to succeed overseas.
Understanding local laws, regulations, and customs, as well as the competitive landscape, can help a business to thrive.
According to a Glassdoor survey, two thirds of job hunters indicated that diversity was important to them when evaluating companies and job offers.
In a competitive global job market, demonstrating that your business is invested in fostering a multicultural and inclusive environment can make you stand out to the right candidates.As our students develop into the global business leaders of tomorrow, they can certainly expect to encounter these 13 key benefits and challenges of cultural diversity in the workplace.[columns] Our culture influences the way in which we see the world.A memorable Mc Donalds print ad in Finland may have been considered clever locally, but it was seen as confusing and even grotesque by foreign audiences.The danger of making a serious marketing blunder, which can cause irreparable damage to a brand or business abroad, can be mitigated by employing a diverse workforce with local marketing savvy.By offering a platform for the open exchange of ideas, businesses can reap the biggest benefits of diversity in the workplace.