STRA TEGY AN EXPLORATION OF DIVERSITY PRACTICES IN SMALL SUCCESSFUL COMPANIES

Sandra Powell, H Addams, Brian Davis
unpublished
This exploraiorysiudy looks at small publicly-heldbusi nesses in the Forbes 200 h'sts of l 995 and /996 to determine the extent to which they have formal praciices io promote diversity in their workforce and their success (and problems) with those practices. Formal diversity practices werefoundin about one-quarter of the respondingcompam'es. While the CEOsin all companies indicated satisfaction with the amount ofauention spent on diversity efforts, those witli formal practices on average gave
more » ... emselves "C" grades in terms of the ePectiveness of their specific programs. The most successful elements of formal diversity programs included family friendly policies and policies against prj eudice (graded B+). Suggestions are niade for developing diversity programs.
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