The organization that competes successfully in today's business marketplace makes it a priority to provide capital or responsive, market-oriented products and services to clients and customers. And the way an organization communicates these priorities is by tying them to the company's mission through a series of goals and action plans.
Successful companies know that without such policies they fail to remain competitive.
What American business isn't certain of, however, is how workforce diversity affects a company's competitive abilities. The transformation The United States is experiencing a major, if not radical demographic transformation. Some studies have projected that by the year 2020, white American will be in the minority, as their number is surpassed by Americans of Indian, Asian, African, and Spanish decent, to name a few. The combination of an older, shrinking white America and a younger, growing minority population means that industries that strive to remain white and male-dominated will find their pool of competent workers falling short of demand. While the rise of ethnic population groups in the U.S. is dramatic, this trend will pale in comparison to the current and projected trends for women.