cultural heritage and shared humanity - 75431

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  • From: Business, Marketing
  • Posted on: Tue 30 Sep, 2014
  • Request id: # 75380
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Important Future Trends

The U.S. Census Bureau predicts that the non-Hispanic white population will peak at roughly 200 million in 2024, followed by a slow decrease from that point forward. Both the Hispanic and the Asian populations would more than double during that time, while the share of the African-American population would rise only slightly from 13.1 percent in 2012 to 14.7 percent in 2060. In a nutshell, the total minority population is projected to more than double until 2060, from currently 37 percent of the population to 57 percent. At that time the U.S. will be a minority majority nation with a total population of 420.3 million.

Cultural Diversity in Companies

In light of these demographic changes, it's evident that cultural diversity will not only continue to be a challenge for companies, but that its importance will become even greater. With more ethnically and racially diverse people entering the labor market, companies will have to develop more comprehensive strategies to overcome racial and ethnic barriers as well as stereotypes. Employers have used three different approaches to promoting diversity, argue researchers from the Unive