• Business
    • Case Studies
    • Companies
    • Growth
    • Strategy
  • Functional
    • Finance
    • HR
    • Marketing
    • Science & Tech
  • Leadership
    • Be a Leader
    • Books
    • LDR Show
    • Leadership Nuggets
    • Movie Wisdom
    • Soundbytes
    • Women & Leadership
  • Personal
    • Character
    • Values
    • Competence
  • Soundbytes
  • Free E-mag
  • Videos
  • About Us
Leaderonomics.com
Leaderonomics.com
  • Business
    • Case Studies
      Embracing Digital To Power Growth

      Embracing Digital To Power Growth

      Malaysia: Celebrating A Nation's History

      Malaysia: Celebrating A Nation's History

      Lessons from 3M: Why Investing In R&D Is Your Ticket To Success

      Lessons from 3M: Why Investing In R&D Is Your Ticket To Success

      Developing Support Systems For Occupational Stress: A Critical Need

      Developing Support Systems For Occupational Stress: A Critical Need

    • Companies
      Simple Mindset Changes To Evolve As A Leader

      Simple Mindset Changes To Evolve As A Leader

      6 Things Every Entrepreneur Should Be Grateful for in 2019

      6 Things Every Entrepreneur Should Be Grateful for in 2019

      Leading The 200-Year-Old Postal Service In The 21st Century

      Leading The 200-Year-Old Postal Service In The 21st Century

      Changing The Outlook of Learning

      Changing The Outlook of Learning

    • Growth
      Embracing Digital To Power Growth

      Embracing Digital To Power Growth

      Simple Mindset Changes To Evolve As A Leader

      Simple Mindset Changes To Evolve As A Leader

      Leadership Lessons From Madam Secretary

      Leadership Lessons From Madam Secretary

      The New World Of Work Workers & Workplaces

      The New World Of Work Workers & Workplaces

    • Strategy
      Embracing Change

      Embracing Change

      10 Communication Strategies For New Leaders

      10 Communication Strategies For New Leaders

      How To Build Winning Teams

      How To Build Winning Teams

      The 7 Critical Trends That Make Thought Leadership An Imperative For Any Business

      The 7 Critical Trends That Make Thought Leadership An Imperative For Any Business

  • Functional
    • Finance
      Investing, A Rather Boring Thing To Do

      Investing, A Rather Boring Thing To Do

      Financial Literacy: The Essentials Of A Leader

      Financial Literacy: The Essentials Of A Leader

      A Student's Dilemma: ACCA vs An Accounting Degree

      A Student's Dilemma: ACCA vs An Accounting Degree

      Finance A Must On The Path To CEO

      Finance A Must On The Path To CEO

    • HR
      When Should You Speak Up?

      When Should You Speak Up?

      Driving Value With Digital Transformation Initiatives

      Driving Value With Digital Transformation Initiatives

      10 Communication Strategies For New Leaders

      10 Communication Strategies For New Leaders

      Whistleblowing In Organisations

      Whistleblowing In Organisations

    • Marketing
    • Science & Tech
      How The Frog Virtual Learning Education Is Revolutionising Teaching And Learning

      How The Frog Virtual Learning Education Is Revolutionising Teaching And Learning

      The Latest Developments in the ICT Subsector in Malaysia

      The Latest Developments in the ICT Subsector in Malaysia

      Electrical And Electronics On The Next Level

      Electrical And Electronics On The Next Level

      Going Green Does Have Tangible Benefits

      Going Green Does Have Tangible Benefits

  • Leadership
    • Be a Leader
      Defining the Role of Senior Leadership

      Defining the Role of Senior Leadership

      Leadership Lessons from Ludwig van Beethoven

      Leadership Lessons from Ludwig van Beethoven

      Meaningful Communication: The Key To Solving Workplace Problems

      Meaningful Communication: The Key To Solving Workplace Problems

      Lessons From Dwayne ‘The Rock’ Johnson

      Lessons From Dwayne ‘The Rock’ Johnson

    • Books
      Why You Should Assess A Leader’s Capacity For Critical Thinking And Judgment

      Why You Should Assess A Leader’s Capacity For Critical Thinking And Judgment

      5 Skills You Need To Be A Great CEO

      5 Skills You Need To Be A Great CEO

      Be A Giver And A Taker

      Be A Giver And A Taker

      Are You Afraid Of Being An Original In A World Full Of Conformists?

      Are You Afraid Of Being An Original In A World Full Of Conformists?

    • LDR Show
      "You can be competitive without sacrificing your price", Says Datuk Sulaiman Mohd Tahir

      "You can be competitive without sacrificing your price", Says Datuk Sulaiman Mohd Tahir

      “I didn’t learn anything in the books about leadership or management", Says Tan Sri Azman Hashim

      “I didn’t learn anything in the books about leadership or management", Says Tan Sri Azman Hashim

      Attracting And Retaining Talent: Insights from Kimberlyn Lu

      Attracting And Retaining Talent: Insights from Kimberlyn Lu

      The Necessity of Change: Nuggets of Wisdom from Rejie Samuel

      The Necessity of Change: Nuggets of Wisdom from Rejie Samuel

    • Leadership Nuggets
      Leadership in Four Dimensions: Jonas Prising on Human Resources, Malaysia and Leadership

      Leadership in Four Dimensions: Jonas Prising on Human Resources, Malaysia and Leadership

      "Have Intentionality In Your Daily Life", says Kim Underhill

      "Have Intentionality In Your Daily Life", says Kim Underhill

      "Explorers Are Map Makers", Says Jana Stanfield

      "Explorers Are Map Makers", Says Jana Stanfield

      Leadership Nuggets: Worry Not When We Fail

      Leadership Nuggets: Worry Not When We Fail

    • Movie Wisdom
      Lessons From Dwayne ‘The Rock’ Johnson

      Lessons From Dwayne ‘The Rock’ Johnson

      Leadership Lessons From Madam Secretary

      Leadership Lessons From Madam Secretary

      Lessons From A 68-Year-Old Classic That Changed The Face Of Visual Storytelling

      Lessons From A 68-Year-Old Classic That Changed The Face Of Visual Storytelling

      Life Lessons From <i>Goodbye Christopher Robin</i>

      Life Lessons From Goodbye Christopher Robin

    • Soundbytes
      Developing A Vision For An Organisation

      Developing A Vision For An Organisation

      How Does Developing Our “Self” Lead To Purpose?

      How Does Developing Our “Self” Lead To Purpose?

      Finishing Our Race Well

      Finishing Our Race Well

      RYG: Leadership Lessons from Joan of Arc

      RYG: Leadership Lessons from Joan of Arc

    • Women & Leadership
      Lessons We Can Learn From Oprah Winfrey

      Lessons We Can Learn From Oprah Winfrey

      RYG: Leadership Lessons from Joan of Arc

      RYG: Leadership Lessons from Joan of Arc

      Leadership Lessons From Joan of Arc

      Leadership Lessons From Joan of Arc

      The Fine Line Between Leadership And Power

      The Fine Line Between Leadership And Power

  • Personal
    • Character
      How Hunger For Praise Hinders Success

      How Hunger For Praise Hinders Success

      The Difference Between Gifts And Bribes

      The Difference Between Gifts And Bribes

      Lessons From Dwayne ‘The Rock’ Johnson

      Lessons From Dwayne ‘The Rock’ Johnson

      Balancing Your Weekdays And Weekends

      Balancing Your Weekdays And Weekends

    • Values
      How Hunger For Praise Hinders Success

      How Hunger For Praise Hinders Success

      Defining the Role of Senior Leadership

      Defining the Role of Senior Leadership

      The Difference Between Gifts And Bribes

      The Difference Between Gifts And Bribes

      Living Out The Leaderonomics Core Values

      Living Out The Leaderonomics Core Values

    • Competence
      Balancing Your Weekdays And Weekends

      Balancing Your Weekdays And Weekends

      The Power of Storytelling in Achieving Authentic Leadership

      The Power of Storytelling in Achieving Authentic Leadership

      How To Create A Sense Of Agency In Your Young Ones

      How To Create A Sense Of Agency In Your Young Ones

      The Shocking Truth About Success

      The Shocking Truth About Success

  • Soundbytes
  • Free E-mag
  • Videos
  • About Us
  • Follow
    • Facebook
    • Twitter
    • Linkedin
    • Youtube
    • Instagram
Home
Business

Why Should Corporate Malaysia Care About Diversity And Inclusion?

October 11th, 2014 Business

Share this article

Facebook Twitter Google+ LinkedIn Pinterest
Why Should Corporate Malaysia Care About Diversity And Inclusion?Business

LDR-PDF-downloadPhoto credit (above): Courtney Carmody | Flickr

By LIM CHIN HAN

‘Diversity’ is what you have, ‘Inclusion’ is what you do with it

Rapid technological change, globalisation, the demand for skills and education, and greater inclusion of women and Generation Y in the workforce have forever changed the employment landscape in Malaysia.

The definition of diversity and inclusion now extends well beyond the traditional view that was once focused primarily on gender and race.

It’s all about creating an environment that maximises the potential of all employees.

It’s about encouraging and enabling all employees to draw on their talents, skills, and experience for the benefit of business.

HR (human resources) plays a key role in diversity management to create and empower an organisational culture that fosters a respectful, inclusive, knowledge-based environment where each employee has the opportunity to learn, grow and meaningfully contribute to the organisation’s success.

There are, though, still barriers to implementing diversity in practice. At a recent Engagement Network seminar run by Towers Watson, more than half of HR specialists (57%) felt traditional structures – including factors such as a fear of change and an unconscious tendency for those in the majority to surround themselves with people of a similar background – were the biggest block to implementation in their business.

More than one-fifth felt the biggest barrier to diversity is down to a range of misconceptions, such as the view that diversity can lead to impaired organisational effectiveness, that some groups lack commitment, or that it may drive up the overall cost of employment.

Fostering diversity and inclusion in the workplace

An inclusive culture occurs when differences are valued, people are treated fairly and feel accepted and respected, and opportunities are open to all.

Explicit policies and programmes create the infrastructure for such an environment. Senior leadership and middle management set the example, while clear expectations for behaviour and actions help all employees to “walk the talk” on a daily basis.

Over time these efforts result in an inclusive culture recognised internally and externally (see graphic below).

010_PULLOUT_SJOB_NAT_11102014_SAT

Forward thinking companies are taking a leadership role to maximise the benefits of a diverse workforce.

An effective diversity and inclusion strategy results in motivated and engaged employees that power creativity and innovation.

It leads to a better understanding of the different needs of customers, better marketing strategies and improved sales performance.

It enhances the employer brand attracting high quality talent. It also leads to reduced reputational, legal and financial risk.

All of these combine to deliver a strong competitive business advantage.

P10_1110_Chin Han LIM_Managing Director_TW Malaysia

Managing director of Towers Watson Malaysia, Lim Chin Han

“Towers Watson research of high performing companies has shown that Diversity and Inclusion is one of the key drivers for employee attraction, engagement and retention resulting in improved business performance.

This can also play a key role in winning the war for talent, reduce brain drain and contribute to the success of the Economic Transformation Programme and turn Malaysia into a high income economy by 2020.

We are privileged to partner TalentCorp to conduct the Life at Work Award 2014, which is a timely initiative to encourage Malaysia-based companies to lead with workplace strategies to further the diversity and inclusion agenda.”

Lim Chin Han is managing director of Towers Watson Malaysia. To connect with Lim please email editor@leaderonomics.com

Share this :

  • Click to share on Facebook (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Tags
  • Advertorial
  • Diversity and Inclusion
  • Lim Chin Han
  • Towers Watson
Next article Shell Malaysia
Previous article PepsiCo Malaysia

Related Posts

BASF Asia-Pacific Service Centre Business

BASF Asia-Pacific Service Centre

TalentCorp: NACRA 2015 Business

TalentCorp: NACRA 2015

Matching Talent To Jobs Functional

Matching Talent To Jobs

EcoWorld: Creating Tomorrow And Beyond Business

EcoWorld: Creating Tomorrow And Beyond

TalentCorp: MYXpats Delivers On Client Charter Business

TalentCorp: MYXpats Delivers On Client Charter

5 Reasons Why Reading Is Good For You Personal

5 Reasons Why Reading Is Good For You

Leave a Reply Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Bahasa Malaysia | English

Pick of The Week

Feb 4th 7:54 PM
Business

When Should You Speak Up?

Jan 31st 9:00 AM
Business

Embracing Digital To Power Growth

Jan 29th 9:00 AM
Functional

Driving Value With Digital Transformation Initiatives

NEW – On The Leaderonomics Show

https://www.youtube.com/watch?v=FXY0Z5dJVSI
  • Business
  • Functional
  • Leadership
  • Personal
  • Soundbytes
  • Free E-Mag
  • Videos
  • About Us
  • Back to top

About Leaderonomics.com

Leaderonomics.com is a leadership portal owned by Leaderonomics, a social enterprise passionate about transforming nations through leadership development. Leaderonomics.com features leadership insights, trends, CEOs, thought leaders, HR leaders and inspiring real-life stories for your personal and professional development.

Contact Us | Terms of Use | Privacy Policy      
Disclaimer: The opinions expressed on this website are those of the writers or the people they quoted and not necessarily those of Leaderonomics.
[Sitemap | RSS]
Copyright © 2010-2019 Leaderonomics Media Sdn Bhd. All rights reserved