MANAGING DIVERSITY, EQUITY AND INCLUSION (DEI) THROUGH HUMAN RESOURCES MANAGEMENT TO ENHANCE ORGANIZATIONAL PROFITABILITY
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Date
2024-08-07
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Fuoye Journal of Management. Federal University, Oye-Ekiti
Abstract
The study examines the effect of managing diversity, equity and inclusion (DEI) through human
resource management to enhance organizational profitability’ in selected organizations in
Kwara State namely Olam Flour Mills, Ilorin, Kam Industries Nigeria Limited, Ilorin, Tuyil
Pharmaceutical Industries Limited, Ilorin, Kwara Chemical Company, Ilorin, and
International Tobacco Company Plc, Ilorin. Specifically, this study is carried out to examine
the effect of gender and age diversity management, experience and qualification management
and individual skill and perception management on organizational profitability. Primary data
was employed for the study and data was obtained through administration of questionnaires
to the sampled staff of the aforementioned organizations making up One Hundred and Nine
(109) staff. The sample was taken through simple random sampling technique and the data
collected from the sample were analyzed using statistical software called Statistical Package
for Social Science (SPSS) version 23. Based on the result of analysis, R = 98.5% and P = 0.000
are obtained between gender and age diversity management and organizational profitability.
Similarly, R = 91.4% and p = 0.000 were also obtained for the analysis of the effect of
experience and qualification management on organizational profitability. Furthermore, R =
94.7%, p = 0.000 which reveals existence of significant relationship between managing
individual skill and perception and organizational profitability. The result of findings shows a
strong correlation and positive significance between each dependent variable (managing
gender and age diversity, managing experience and qualification and managing individual
skills and perception) and organizational profitability of the selected organizations in Kwara
State. In conclusion, it is essential for human resource managers to understand the impact of
diversity, equity and inclusion in the workplace and their extent towards enhancing
organizational profitability.