Management of Human Resources in a highly diversified organization

Harikumar Pallathadka, Laxmi Kirana Pallathadka*
Page No. 36-47

In being successful, firms must have a well-defined business strategy executed via various organization system stage tactics, each contributing to the overall firm strategy. With many calculated possibilities readily available, diversity has shown to be a popular strategy for businesses seeking development, increased performance, and security, and therefore an aggressive improvement. Nonetheless, studies continue to uncover inconsistent effects of diversity on top-performing organizations. The institutional climate of a country, whether developed or developing, has a significant impact on the strategic choices made by its businesses as a whole and on the spread of diverse methods, with relevant diversity being much more effective in industrialized and extremely affordable financial climates and unrelated diversity being famous and influential in developing financial climates. Diversification is enhanced by research and development. This research demonstrated that although a range of scholars advocates for adequate diversity, excessive or insufficient variety might impair one's ability to pass or succeed. In today's dynamic and uncertain solution environment, businesses are constantly under pressure to improve their efficiency. It catalyzes achieving peak performance and promoting market harmony. Additionally, organizations must not be zealous in pursuing novel approaches but rather recognize the most effective strategy for calming their therapeutic and business methods to improve performance.
Keywords: Variety, inexpensive, success, vibrant and rough, driver.