The document summarizes key aspects of managing diversity in the workplace. It discusses how an employment discrimination lawsuit against Walmart revealed women were paid less than men for the same jobs. It then covers why diversity is important for businesses, including cost savings from reducing turnover, attracting and retaining talent, and driving business growth by improving understanding of diverse markets. The document also outlines challenges of surface-level diversity attributes like age, gender, race/ethnicity and disabilities. It discusses deep-level diversity factors such as personality and provides strategies for managing diversity through training, practices and diversity management principles.