What is the importance of setting a diversity management strategy?

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Diversity management practices enable organizations to create an inclusive and healthy environment, in turn enhancing their reputation with job seekers. In this way, they can employ and retain the best talent, while attracting business from various cultural groups.

Setting an environment for employees to feel included, valued and rewarded positively impacts the engagement and motivation of employees. It also leads to a reduced turnover rate as everyone in the workspace feels comfortable and welcomed. 

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