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How Diversity In The Workplace Influences Business Success

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Diversity in the work place is no longer about just race, ethnicity or equality. This definition comes with a little more than just that. From a recent study, The radical transformation of diversity and inclusion The millennial influence, Inclusion and diversity in the work place is the future of business organisations’ success. Unlike with most of the baby boomers and gen-Xers generations, millennial  ( Generation Y-1980-1995) have a different view about the concept of inclusion and diversity in the work place which they strongly believe is crucial to business and competitiveness. The The Study which was conducted by Billie Jean King Leadership Initiative (BJKLI) sponsored by Deloitte LLP, showed that millennials have a cognitive view about diversity which includes a mash-up ( mixure) of diverse individuals characteristics and elements in a business working environment, where people with different backgrounds (Including cultural, educational, family, sexual orientation), experiences, and perspectives, can work successfully within a team. According to the study, the millennials firmly believe that a combination of inclusion and diversity in organisations team works are very important traits that are necessary elements in innovation, creativity, help organisations to overcome business challenges and enable organisations achieve their desired business goals.

On a leadership aspect, the study further reveals the need for leaders in business organisations to foster an environment of diversity in the work place by employing and building teams that are made up of people of different cultures, opinions, background, and education level in order to achieve their business goals. Employers should engage more with millenials, and provide support on aspects relating to leaderships. They should also allow transparency, improve on communication and focus on engaging with their teams (made up of diverse individuals) for better business results.  Will this be easy? Or will there be resistance?

Twitter Moments a.k.a Project Lightning

Last week, Twitter unveiled a new feature known as ‘Twitter Moments’. This feature, enables users to find the biggest stories and best tweets that have been shared on particular times or days. In other words, it a feed of curated stories that are made up of top tweets stitched together. In a previous post i had mentioned how Twitter’s current CEO Jack Dorsey expressed how unsatisfied they were with the reports that users found their products difficult to use. More on that can be found on a tech news site Re/code

Twitter’s move was quite swift!  it’s new feature, ‘Twitter Moments’, is expected to be one of the best features it has ever offered to it’s users. With this feature,Twitter hopes to simplify their services, ease the product usability and to deliver company value quite fast in order to attract new users and retain their current ones. For the advertisers and brands, the good news is, twitter is expounding on this feature by giving a broader platforms known as “Promoted Moments” (It has not been launched yet). According to an article by Business Insider UK, the ‘Promoted Moments’  will allow for commercial elements, where ads will be promoted when users open this feature.

So how does the ‘Twitter Moment’ work? Here’s a video by WSJ.com on how that works and what you may need to know.

4 Major Problems That Cause Charity Organisations To Fail

A majority of people have a burning passion and a deep drive to want to help others in need. Many others sailing on the same boat, believe they have a ‘calling’ and do feel a strong need to dedicate all of their time and lives to good causes in order to make a difference wherever possibly they can. In fact, having a ‘deep drive’, or a ‘passion’ or having a ‘calling’ to become a part of a ‘problem solver’ is usually the main reasons why people are motivated and ambitious to establish and run their own charity organisations and help solve the numerous global sustainability problems. Even though this post is not about how to start a charity, there is an article on Forbes that gives an overview on how to start a charity.

However, starting charity organisations is not as easy as it may sound. Just in like any other profitable business organisation, starting a charity organisation involves a lot more than just a passion to help solve problems. It involves tenacity, a lot of hard work, knowledge and skills. A majority of people who had good intentions at the initial stages of starting a charity organisations have had to give up along the way while others ended up in more trouble because of difficulties and obstacles they didn’t expect to experience. I came across this 3 minutes Wall street Journal video where Veronica Dagher, a columnist focused on wealth management, financial advisers, personal finance and philanthropy for Wealth Management at WSJ.com, discusses how to overcome the four major problems  that cause charity organisations to fail at the initial set up stage. These major problems include, a lack of enough research, understimating the power of documentation, lack of proper ‘papers’ ( including insurance), lack of well qualified and skilled members on advisory board and the biggest of all is lack of sufficient funds.

More detailed information and related article can be found here