Cultural Diversity in American Economy

Case Study By

Babar HayatF-09-158

SEQUENCE

Introduction

Teamwork

Cultural Diversity

American Approach

Growing Diversity in America

Diversity Demographics

Famous Diverse Force

INTRODUCTION

The case study encompasses

on the cultural diversity in the

US and how its economy has

benefited from it.

TEAMWORK

Working together for common

goals

Effective way of carryout a

complex job

Be part of something

Directly influence motivation

Win win situation

Produce great results

CULTURAL DIVERSITY

Key ingredient in the composition

of ‘RIGHT’ team

Advantage of Diverse Perspectives

due to DIFFERENCES

Promotes innovation with new

processes, skill and talent

Induce Responsiveness & flexibility

Adept in deploying different

behaviors

AMERICAN APPROACH

Became Super Power due to ‘Cultural

Diversity’

Strive for new Technology

Reliance on Documentation and

Statistics for analyzing market trends

Workforce according to the nature of job

AMERICAN APPROACH Cont…

Identify, Attract and Retain the

Best people of each Culture

Lucrative Packages

Quality living environment

Talent perform at its best in

competitive Environment

During the Past 20 years

White population increased 10%

African American population

increased 30%

Native American population

increased 58 %

Hispanic population increased 125%

GROWING DIVERSITY IN AMERICA

Origin 2000 2030

Whites 70% 60%

Hispanic 13% 19%

African American

12% 13%

Asian 4% 7%

DIVERSITY DEMOGRAPHICS IN 2000 AND PROJECTED IN 2030

Source: U.S. Census Bureau, 2000

FAMOUS DIVERSE FORCE

Alexander Graham Bell:

Inventor of Telephone

Scottish by birth

Started Work in Boston

Jerry Yang,

Migrated to California

Taiwanese by birth

Co-Founder of Yahoo

MS in electrical engineering

FAMOUS DIVERSE FORCE

Andrew Grove

Hungarian by Birth

Co-founded Intel

Studied in California

FAMOUS DIVERSE FORCE

Andrew Carnegie

Scottish-born

Emigrant to Pennsylvania

Steel industry

One of the richest men

Donated his fortune

FAMOUS DIVERSE FORCE

Max Factor

Polish

Makeup brand

Maxfactor

FAMOUS DIVERSE FORCE

Levi Strauss

German

Blue jeans, “Levis”

FAMOUS DIVERSE FORCE

THANKS