The impact of cultural and ethnic workplace diversity on company performance

The aim of this thesis is to discover the influences of cultural & ethnic diversity on firm performance and the methods used to achieve it. Cultural and ethnic diversity are a rapidly growing trend in human resources practices. This can in large part be due to increased globalisation efforts across the globe leading to larger amount of immigration. This brings forth potential employees from a wide array of backgrounds that firms can hire. analysis was performed already existing literature on the topic of cultural & ethnical diversity improving or worsening company performance. Interviews were done with HR personnel from firms in different countries to get more professional opinions. Depending on how well implemented it is, findings show that cultural & ethnical diversity can positively influence performance and provided some common methodologies that allow these effects to take place.