The Relationship Between Firm Performance and Corporate Term Paper

The Relationship Between Firm movement and Corporate Diversification - Term Paper ExampleIt is the hope of this author that such(prenominal) an identification and understanding be helpful in further defining diversity and exposing the way in which further productiveness can be had thereby leading an organization to experience a benefit. Overview of Issues and Definitions Although there are currently many definitions of what diversity ultimately means, for purposes of this brief analysis, it will be defined as the extent and take aim to which the organization/entity in question is able to effectively represent the realities of the environment within which it operates. Ultimately, such a definition implies that diversity in an of itself should be a means by which the organization seeks to reflect the racial, ethnic, and spiritual realities of both the market that it seeks to compete within and the population that it draws from stop in such a way, such a broad definition allows for this direct of diversity not only impact upon the way in which healthcare provision is conducted within a particular region but also have far-reaching applications with regards to how individuals move with and represent those populations with which they seek to provide healthcare solutions for. Diversity cannot and should not be understood as save trying to fill slots within a corporate structure. Instead, qualified individuals that can both represent the unavoidably of the firm/entity as well as press further diversity are the ones that should be hired. below no circumstances should a business entity, or any other entity for that matter, ever engage in seeking to hire specific race, gender, or ethnicity. Ultimately, such process, although oftentimes engaged in the desire to erect diversity is the polar opposite of what equality should mean for all applicants. Ultimately, a final no go that should be referenced is the fact that the firm should be perennially aware of the fac t that its diversity is truly much a part of its culture. In such a way, the extent and level of importance or lack of importance that diversity espouses is ultimately reflected within the culture of the firm at each and any level. Literature Review In seeking to trace an understanding of diversity, the first article that will be mentioned within this brief literature review is entitled Shifting the Diversity Climate (Ringold & Feinstein, 2011). As such, Ringold and Feinsten berth to the ways in which firms have recently made a marked shift towards seeking to promote greater degrees of diversity in the hopes that it could boost their success. Realizing that it is not possible for a firm to be juicy and exist and thrive in a market that is itself increasingly diverse, As such, the authors argue that firms have sum up to realize the means of capturing such a market was at least tangentially dependent upon the level of diversity they could represent (Hewlitt et al., 2013). A simil ar approach is made with respect to Anand and Winters (2008) analysis that sought to flux a further level of appreciation for the way in firms led the shift towards appreciating