A new report on multicultural workforces released by the Network of Executive Women (NEW), "Multicultural Workforces: Managing and Maximizing America's Rich Mosaic," finds many multicultural employees do not feel they can bring their whole selves to work but must find ways to assimilate, according to a NEW press release.
"The multicultural workforce can only be leveraged if individuals are accepted for their differences, encouraged to bring their whole selves to work, and allowed play to their strengths,." Said Trudy Bourgeois, CEO and founder of The Center for Workforce Excellence.
Benefits of a well-motivated and managed multicultural workforce include increased innovation and productivity; better insights into consumers; development of new products and services; greater alignment with vendors; improved employee morale; a better talent pipeline; increased retention; better alignment with global teams; and access to new markets, according to NEW.
Study: Many employers struggle with leading a multicultural workforce (11/14)
November 14, 2008