Impact of manager’s personal prejudices on the financial gain of multinational companies

 Management team is the core string in companies to generate a healthy environment and enthuse the workforce to boost productivity. Financial success depends on the impartial approach of managers in project development, promotion of personnel and offering emotional and job security. Adroit managers serve as promoters in the workplace to eliminate obstacles for disadvantaged people.

Managers have to suppress their personal biases when managing diversity in the workplace to enhance production of the company. Prejudice is a negative trait of managers which results in attitudinal favoritism and means to prejudge something or someone on the basis of some characteristics toward specific groups and their affiliates. Such prejudiced attitudes can lead to elusive discrimination.  Managers must be emotionally strong to deal with a range of issues such as personal bias, discrimination, and stereotypes to successfully manage a dissimilar workgroup and create a positive, prolific ambiance for all workforces. Personal biases and stereotyping are negative indicators which crash the fiscal development of multinational companies as personnel of different cultures work together and they require an impartial management team to work on intricate technical projects.

In multinational companies, deliberate discrimination is not common in the workplace but personal biases of managers are observed in which professionals do not have liberty to choose projects, or the overlooking of comments made by women and subgroups at meetings which has considerable impact on the financial graph of a corporation. Discrimination from managers may lose trust among workers.

Closing thoughts:

Personal bias of some managers in organization can lead to misinterpretations, muffled innovation, and possibly damaging group behaviors. It is said that the workplace is breeding podium for a stereotypical attitudes. Managers who have stereotype persona may be an intense threat to the work force and in turn decline the productivity of companies. In an organizational setup, personal biases should be vigorously vetoed to create a soothing work environment and beat the competition in the global market.

 

Important note: Above article is based on environmental inputs and expression of the writer. Any resemblance is just a coincidence. Writer is not responsible for any disagreement.

 

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