Cultural Diversity Research Proposal Example | Topics and Well Written Essays - 3500 words

Cultural Diversity - Research Proposal Example Therefore to be able to take the optimum contribution of the workforce, companies will have to take care of their sentiments and requirements in such a manner that the workforce feels satisfied while working in the company and while interacting amongst each other. Multinational companies in particular have come to realise the importance of taking good care of their employees in such a manner that the diversity tends to become strength for the company. This study is therefore an effort to analyse how the diversity at the work place affects the working environment and how the companies can take better care of the workers by addressing the diversity concerns. During the study the policies of some of the companies will be studied to find out how they take care of their employees and manage the workforce. An effort would also be made to see how providing equal opportunities to the workforce helps these companies in strengthening the core competencies of the organization and what are types of challenges these companies have faced in the process. In such cases, the viewpoints of the employees too will be taken to see how well they are enjoying the diversity prevailing within the organisation and whether it is helping them in doing their bit towards the goals and objectives of the company. In the era of globalization, thanks to widespread proliferation... The researcher narrates interesting experiences of some of the companies like Texaco, Coca Cola, and Morgan Stanley. It is stated that initially these companies probably thought diversity was just a "good idea" too, until they got hit with lawsuits and much negative publicity. Millions of settlement dollars later, these companies saw the business case for managing diversity well and as a reaction have implemented many strategic diversity initiatives. Pamela Tudor therefore underlines the principle that in order to work with people from diverse backgrounds and be successful in the globalisation era, the prerequisite is effective management of diversity in the organisation. In recent years, China has emerged on the horizon as one of the fastest developing countries. Lower production costs are one main reason for its popularity as a major manufacturing hub. Many international companies, particularly from the western world have shifted their manufacturing facilities to China in order to take advantage of the cheaper labour costs. When MNCs prefer to take advantage of multi-location facilities, lower costs of production, and expertise from the world over, diversity is bound to be there at the workplace. While many of the managers and specialists are being sent to China from western nations, a number of Chinese and other people from South Asia are also being recruited at these manufacturing facilities. Taking good care of the employees therefore requires that the diversity should be managed effectively at these companies. Therefore, it will be interesting to study how the diversity is being managed by some reputed companies while taking care of employee's w elfare. Preliminary Literature Review The Chartered Institute

The Neo Accountant Essay Example | Topics and Well Written Essays - 2500 words

The Neo Accountant - Essay Example A. Hopwood has correctly stated: "Accountants and other members of the management team searching for means of understanding and improving standard setting and budgeting; must therefore see the process in its entirety and respond to it as a complex human and technical problem rather than one standing in technical isolation." The Contingency Theory can best explain how management should respond to proposed change. The theory is summed up in two words: It depends! Accountants and other members of the management team will have to respond to each situation by looking at it whole. According to Fiedler's Contingency Theory of Situational Leadership, situations of proposed change that appear low in control must be managed in a directive and task-oriented manner. On the other hand, situations that are high in control must simply be dealt with in a supportive fashion; in this case, managers can stay out of their subordinates' way to a large extent (Boje). All changes in accounting practices are sure to have extensive effects on the organization as a whole and the community of people it is involved with. Accounting practices with the aid of latest technology that make an organization more efficient may improve the state of an entire economy. Given that finance is the basis of organizational operation, accountants cannot isolate themselves and be looking for an improvement in accounting practices without consulting other branches of management as a team. Consultation, then, has got to be the first step in the introduction of accounting or managerial change. This essential step to change involves many departments of management, including planning. Forecasters and planners along with those that propose change have to work in agreement before any lasting change can be implemented, let alone expected to have results that lead to increased efficiency, productivity, and profitability. According to Brewer, Brownlee, and Juras, who have writte n on the implementation of activity based costing and the change management process: "Implementing change in an organization is about ninety percent cultural and ten percent technical." To put it another way, applying accounting change is easy when it comes to the technical side of things. But organizational change is never about technicalities alone. Before applying new accounting principles expected to lead to greater organizational success, it takes a long time for any firm to convince the people that it must convince, and plan with the workforce it must plan change with. Vroom And Yetton's Contingency Model of Normative Leader Decisions is clear on this point. The model asks for consultation or the group decision process if the commitment of group is essential. But if the managers have got all the necessary information, they are advised to be autocrats, making decisions for all and going with the flow (Boje). Take the example of digitization alone for the simple fact that the technological age has brought tremendous change in all areas of human life. Bhimani writes about digitization only in an organizational context:Digitization impacts the form, substance, and provenance of internal accountinginformation with attendant consequences on the behavior and actions of organizationalparticipants and on the functioning of enterprises more widely. Knowledge about theinfluence of the deployment of