THE ROLE OF DIVERSITY, EQUITY & INCLUSION IN IMPROVING ORGANIZATIONAL WELL- BEING AND GLOBAL COMPETITIVENESS IN THE TEXTILE SECTOR OF PAKISTAN

Abstract

This research examines the effect of Diversity, Equity, and Inclusion (DEI) on organization’s well- being and global competitiveness within Pakistan’s textile sector. The study investigates the effects of applying DEI practices on job retention, employee satisfaction, and the individual’s perception of the organizational culture and indirectly on the capability of the company to compete in the global market by examining how these practices are implemented. The research is embarked on using a mixed methods approach that uses quantitative survey data along with qualitative interview data to generate a complete picture of how DEI affects organizational outcomes. The findings show correlations of significant positive impact on organizational well- being through DEI, and it improves employee engagement and satisfaction. Although, its impact on global competitiveness was more indirect and clearer, that points towards the importance of long term strategic investment in DEI. Recommendations to textile companies to incorporate DEI into their foundational strategies in order to foster both internal and external results are made in the study’s conclusions.