Diversity Analysis and Implementation

Oscar’s Lemonade Stand Season One

Oscar H Delgado

Introduction to Quantitative Principles BUS 599

Dr, Harrison Green

July 23, 2011

Accounting Summary Report

Write an accounting summary report (plus a journal, income statement and balance sheet) presenting the financial reports for the Lemonade Stand Business.

Diversity Analysis and Implementation

According to most of the present day literature, corporations need to increase their emphasis in diversity in order to create a better work environment and to improve their business performance. Research has found that groups that are diverse are more innovative, productive, and flexible, with more appeal to a consumer base with increasing numbers of minorities. Cox (2001) writes that these diverse groups with differing experiences are much better at analyzing and combating problems. A corporation must begin by analyzing and base lining their present day diversity practices in order to create a diversity program that will endure. The following diversity analysis strategy is based on a benchmarking strategy that was first published by Cox (1993) and it is divided into three sectors: The environment, the career and the organization. The data used in the model is gathered using surveys, interviews, focus groups and the organizations workforce data.

Model to Analyze Diversity

ENVIRONMENT CARRER ORGANIZATION

Personal Factors: • Career satisfaction Recruiting

• Personal Identity profile • Identity with Organization Hiring

• Prejudices • Involvement in work Retention

• Stereotypes

• Personality • Performance appraisal

• Promotion

Group Factors • Compensation

• Cultural Differences • Awards

• Ethnocentrism

Organizational Factors

• Culture

The environment is the first module and there are three factors: Personal, Group and organizational. Personal factors consist of a person’s identity, his prejudices, his adherence to stereotypes and his personality traits. These factors...