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You are here: Home > Business > Management > Diversity in the Workplace: Benefits, Challenges and Solutions |
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Main Subject - Diversity in the Workplace: Benefits, Challenges and Solutions
Workplace diversity refers to the variety of differences between people in an organization. That sounds simple, but diversity encompasses race, gender, ethnic group, age, personality, cognitive style, tenure, organizational function, education, background and more. Diversity not only involves how people perceive themselves According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product , but how they perceive others. Those perceptions affect their interactions. For a wide assortment of employees to function effectively as an organization, human resource professionals need to deal effectively with issues such as communication, adaptability and change. Diversity will increase significantly in the coming years ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in Successful organizations recognize the need for immediate action and are ready and willing to spend resources on managing diversity in the workplace now. Benefits of Workplace Diversity An organization’s success and competitiveness depends upon its ability to embrace diversity and realize the benefits. When orga lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. izations actively assess their handling of workplace diversity issues, develop and implement diversity plans, multiple benefits are reported such as: Increased adaptability Organizations employing a diverse workforce can supply a greater variety of solutions to problems in service, sourcing, and allocation of r here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe sources. Employees from diverse backgrounds bring individual talents and experiences in suggesting ideas that are flexible in adapting to fluctuating markets and customer demands. Broader service range A diverse collection of skills and experiences (e.g. languages, cultural understanding) allows a company to pr d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro vide service to customers on a global basis. Variety of viewpoints A diverse workforce that feels comfortable communicating varying points of view provides a larger pool of ideas and experiences. The organization can draw from that pool to meet business strategy needs and the needs of customers more effectively ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc More effective execution Companies that encourage diversity in the workplace inspire all of their employees to perform to their highest ability. Company-wide strategies can then be executed; resulting in higher productivity, profit, and return on investment. Challenges of Diversity in the Workplace easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi Taking full advantage of the benefits of diversity in the workplace is not without its challenges. Some of those challenges are: Communication - Perceptual, cultural and language barriers need to be overcome for diversity programs to succeed. Ineffective communication of key objectives results in confusion, lack of nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically teamwork, and low morale. Resistance to change - There are always employees who will refuse to accept the fact that the social and cultural makeup of their workplace is changing. The “we’ve always done it this way” mentality silences new ideas and inhibits progress. Implementation of diversity in the workplace and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ policies - This can be the overriding challenge to all diversity advocates. Armed with the results of employee assessments and research data, they must build and implement a customized strategy to maximize the effects of diversity in the workplace for their particular organization. Successful Management of Diversity ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi in the Workplace - Diversity training alone is not sufficient for your organization’s diversity management plan. A strategy must be created and implemented to create a culture of diversity that permeates every department and function of the organization. Recommended steps that have been proven successful in world-cl ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a ss organizations are: Assessment of diversity in the workplace - Top companies make assessing and evaluating their diversity process an integral part of their management system. A customizable employee satisfaction survey can accomplish this assessment for your company efficiently and conveniently. It can help y dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod ur management team determine which challenges and obstacles to diversity are present in your workplace and which policies need to be added or eliminated. Reassessment can then determine the success of you diversity in the workplace plan implementation. Development of diversity in the workplace plan - Choosing a surv cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin y provider that provides comprehensive reporting is a key decision. That report will be the beginning structure of your diversity in the workplace plan. The plan must be comprehensive, attainable and measurable. An organization must decide what changes need to be made and a timeline for that change to be attained. Imple tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen entation of diversity in the workplace plan - The personal commitment of executive and managerial teams is a must. Leaders and managers within organizations must incorporate diversity policies into every aspect of the organization’s function and purpose. Attitudes toward diversity originate at the top and filter downward. t? As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel Management cooperation and participation is required to create a culture conducive to the success of your organization’s plan. Recommended diversity in the workplace solutions include: Ward off change resistance with inclusion. - Involve every employee possible in formulating and executing diversity initia ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust ives in your workplace. Foster an attitude of openness in your organization. - Encourage employees to express their ideas and opinions and attribute a sense of equal value to all. Promote diversity in leadership positions. - This practice provides visibility and realizes the benefits of diversity in the wo y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products kplace. Utilize diversity training. - Use it as a tool to shape your diversity policy. Launch a customizable employee satisfaction survey that provides comprehensive reporting. - Use the results to build and implement successful diversity in the workplace policies. As the economy becomes increasingly gl . As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de bal, our workforce becomes increasingly diverse. Organizational success and competitiveness will depend on the ability to manage diversity in the workplace effectively. Evaluate your organization’s diversity policies and plan for the future, starting today. --------------------------------------------------------- This elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip rticle may be reproduced provided it is published in its entirety, includes the author bio information, and all links remain active. For additional employee surveying resources go to http://www.alphameasure.com. 2004 © AlphaMeasure, Inc. - All Rights Reserve tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
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