INFLUENCE OF DIVERSITY MANAGEMENT ON ORGANIZATIONAL PERFORMANCE (A CASE STUDY OF SELECTED DEPOSIT MONEY BANKS IN EDE, OSUN STATE)

ABSTRACT Diversity management is a strategic tool that significantly contributes to sustainable organizational performance and competitiveness, as this enhances teamwork, collaboration, positive employee attitudes, higher job satisfaction, and stronger organizational commitment which are critical for achieving overall organizational goals. The objectives of the study are to; analyze the extent to which gender equality diverse influence organizational efficiency and assess the impact of ethnicity and race on the innovative capacity of an organization. The population of the study consist of 137 staff of selected deposit money banks in Ede, Osun State. Therefore the study utilized Krejeie and Morgan (1970) formula to arrive at sample size of 119. Furthermore, 119 copies of questionnaire were administered to the respondents and out of which 110 respondents responded to the questionnaire. The hypotheses were tested with the aid of SPSS using Regression and ANOVA analysis. The result of findings revealed that F change of 1.608 and a significance level (Sig. F Change) of 0.001 further validate the statistical significance of the model, indicating a reliable between gender equality diverse and organizational efficiency and the positive unstandardized coefficient (B=0.644). Furthermore, the standardized coefficient (B=786) confirms that there is significant impact of ethnicity and race on the innovative capacity of an organization. The study concluded that effective diversity management strengthens organizational reputation and employer branding which making it easier to attract and retain talented employees, as this would demonstrate a positive relationship between diversity management and financial performance through improved employee engagement that enhance gender equality and employee experience. Therefore, the study recommended that organizations should implement and enforce proper diversity management such as ethnicity and gender-inclusive policies, equal pay for equal work, transparent promotion criteria, and gender-balanced leadership development programs to ensure fairness and enhance overall organizational performance.