1. 7–17–1Copyright © 2006 Thomson Business and Economics. All rights reserved. Agenda and Announcements Agenda –Test Returns –Team Presentation – Diversity –Chapter 7 (Diversity Portion) Review –Chapter 5 Review –Skill Builder 5-1 Review Announcements – Guest Speakers Thursday on Research Projects – No Office Hours Today – Final Exam Essay Portion Discussion – Web Q’s – Optional Explanations Left Blank?

2. PowerPoint Presentation by Charlie Cook The University of West Alabama Copyright © 2006 Thomson Business and Economics. All rights reserved. Chapter 7 Managing Change: Innovation and Diversity

3. 7–37–3Copyright © 2006 Thomson Business and Economics. All rights reserved. Diversity –The degree of differences among members of a group or an organization. Race/ethnicity, religion, gender, age, ability Diversity in all forms is increasing in the general population and the workforce. –Incorporating diversity opens up a larger labor pool of skilled workers from which to recruit. –Diversity is a legal requirement, an ethical obligation, and a competitive advantage.

4. 7–47–4Copyright © 2006 Thomson Business and Economics. All rights reserved. Diversity (cont’d) Valuing Diversity –Emphasizes training employees of different races and ethnicities, religions, genders, ages, and abilities to function together effectively. Managing Diversity –Emphasizes fully utilizing human resources through organizational actions that meet all employees’ needs.

5. 7–57–5Copyright © 2006 Thomson Business and Economics. All rights reserved. Managing Diversity Exhibit 7–5

6. 7–67–6Copyright © 2006 Thomson Business and Economics. All rights reserved. Gender Diversity Issues: –Disappearance of the “traditional family” –Increase in women as a percentage of the work force –Women’s pay continuing to lag behind men’s –Glass ceiling barring women from upper management –Sexual harassment in the workplace

7. 7–77–7Copyright © 2006 Thomson Business and Economics. All rights reserved.