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Business Case for Diversity Contract ref: VT/2007/035 In December 2007 the European Commission, DG Employment, Social Affairs & Equal Opportunities, launched a new one-year project to promote the Business Case for Diversity. The overall aim of the project is to place diversity management firmly on the strategic business agenda and activities of European companies of all sizes. Its main objectives are to further encourage exchange of good practices and promote the development of diversity policies and activities by businesses, employers and business schools. A compendium report that illustrates the Business Case for Diversity will be published and launched at a major European Conference on Workplace Diversity at the end of 2008. Workplace diversity within companies is associated with policies and practices designed to recruit, retain, and develop employees from diverse social groups and backgrounds, and opening up new and emerging markets that also exploits diverse opportunities. It has a direct impact on how enterprises operate – attracting the best talents; managing human resources, market sales, business reputation and performance; generating innovation, creativity and efficiency, etc. as well as creating a better place to work, for employees to balance work/life issues. An increasing number of European companies are adopting diversity, inclusion, and equality strategies, not only for ethical and legal reasons but also for the business benefits they are expected to deliver. EFMD is associated to the project in the part concerning diversity management in business schools, which is Task 5 of the project. The implementation of this task is led by EABIS, one of the consortium partners. Consortium Partners
Task 5 – Business Schools - is lead by EABIS with the support of EFMD. The objective is to reach out to the business schools, universities, business leaders, and the managers of tomorrow by promoting the integration of high-quality diversity management development and training in the curricula of business schools across Europe. This will be done through:
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