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The basic formula for diversity is rapidly evolving. It is no longer simply a matter of creating a heterogeneous workforce, but using that workforce to create the innovative products, services and business practices that can set a company apart and give it a competitive advantage in the marketplace. And as companies compete on a global scale, the meaning of diversity and inclusion has to be modified as different markets and different cultures have varied definitions for the term 'diversity'. Adiverse and inclusive workforce is necessary to drive innovation, foster creativity and guide business strategies. Multiple voices of diverse workforce lead to new ideas, new services and new products, and encourage out-of-the-box thinking. Today, companies no longer view diversity and inclusion efforts as separate from their other business practices. Instead, they recognize that a diverse workforce can differentiate them from their competitors by attracting top talent and capturing new clients. In this background, the present paper has been designed to analyse the structure of diverse and inclusive strategies at organisational levels. The paper also deals with numerous issues for the success of diversity and inclusion programs within the organization. It also tries to examine mechanism for competency models, status of commitment, barriers and ways to implement a strategy for workplace diversity and inclusion. The scope of the paper permeates many functions of the company from recruitment to sales and also to community outreach.

Keywords

Demographic, Competency, Innovation, Alliance, Leadership.
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