Personal management Essay Example | Topics and Well Written Essays - 2000 words

Personal management - Essay Example Some recommendations have also been suggested for organizations about how they can implement workforce diversity in an effective and efficient manner. Diversity can be defined as understanding, acknowledging, valuing, celebrating and accepting differences that exist amongst people in relation to various factors like age, ethnicity, class, gender, mental ability, physical ability, sexual orientation, race, status of public assistance and spiritual practice (Esty, Griffin, & Hirsh, 1995). Not only gender and race but there are many differential factors which explain the term diversity. If we talk of a workplace, diversity is manifested through different forms like gender, age, physical attributes, ethnicity, educational background, sexual orientation, marital status, income, spiritual practice, geographical location, work experience, parental status, etc. Workplace diversity is becoming more and more pronounced because of the advent of globalization. The success of a business organization and its rate of growth can be determined through its ability to manage diversity in different aspects of the company in an efficient and effective manner. The organization can think of growth and development only if it is ready to accept people coming from various beliefs and background in its company so as to develop an organizational culture which would allow everyone to work together in the form of a team. One of the primary ways to achieve this objective by an organization is by valuing diversity and working for it. As days are passing diversity is becoming an important issue for an organization because the employees of the companies are becoming more and more heterogeneous in nature. Organizations have realized the importance of workforce diversity and how it can increase productivity and lead the company towards growth and development in the future. The trend of increasing diversity is observable in a significant way amongst

IKEA UK Marketing Analysis Essay Example | Topics and Well Written Essays - 2500 words

IKEA UK Marketing Analysis - Essay Example As the paper stresses the UK furniture and furnishing industry is substantial, thus makes a significant contribution to the UK economy, including the GDP and employment of UK citizens. There are approximately 8,116 companies in the UK furniture and furnishing industry, including retailers, wholesalers, repair, leasing and specialist designers. The furniture and furnishing industry in the UK is segmented into three major sub-sectors based on the different products and markets therein as well as the characteristics of the buyers, including domestic, office and contract sectors. Companies in the UK furniture and furnishing industry often serve more than one market. As the report declares the UK furniture and furnishing industry comprises many micro and small to medium businesses that specialize in furniture, furnishings, retail, repair and design. However, the industry is not well recognized at the political level and does not receive the government support it deserves despite its contribution to the UK economy. Nevertheless, this industry has experienced growth in imports while exports registered a slight fall in the year 2013. China, Germany and Italy are key players and drivers of the import growth while the Republic of Ireland, Germany and France are the main destinations for exports from this industry in the UK. IKEA, UK uses demographic bases including age, sex, family, job type, socioeconomic status and life cycle to segment its markets.