Blog Coursework Example | Topics and Well Written Essays - 3500 words - 1

Blog - Coursework Example The effect of this is that global polity and affairs were modified to integrate and accept all peoples through the acceptance of human rights. This has led to the creation of laws that protect the minorities and allows people of all backgrounds to operate within societies. This has led to the creation of multicultural and multiracial societies around the world Naturally, diverse societies mean diverse markets. And the implication is that a bank will be serving customers of diverse backgrounds. Thus, diverse teams used in the banking sector implies that consumers are not going to be of one single background. Typically, a bank in London will serve not only Anglo-Saxon customers including English, Irish, Scot and Welsh customers. In the 21st Century, there are customers with diverse origins including Indians, Arabs, Afro-Caribbean, Chinese, Africans and a wide diversity of people. There is therefore the chance and opportunity for a diverse team to produce better results through the operation of a service that considers and integrates all people and all communities. Thus, in terms of marketing and income generation, diverse teams have a much better chance of surviving and producing optimum results ahead of non-diverse teams. In the technical sense, diversity in teams involve the presentation of people from diverse occupation backgrounds. This involves people who have different expertise and different competencies. Due to this, a leader is likely to have a pool of different competencies and different thinkers. This allows the team to get a wide range of people who can add up to a rich and a diverse group of conversations to deal with matters in a positive sense and manner. A common problem in the banking sector is what the experts term groupthink. Groupthink is defined by Johnson and Scholes (2012) as a situation whereby all group members tilt towards a given solution and members fail to think and analyse things critically before giving a decision. As