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HI6008 - Business Research | Challenges Managing Global Teams

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Holmes Institute Sydney

   

HI6008 Business Research (HI6008)

   

Added on  2020-03-07

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The below-given report observes and critically evaluates challenges faced by multinational organizations in managing global teams. Additionally, the study aims to present the impact of cultural diversity and the implications of International HRM in the current business scenario.

HI6008 - Business Research | Challenges Managing Global Teams

   

Holmes Institute Sydney

   

HI6008 Business Research (HI6008)

   Added on 2020-03-07

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LITERATURE REVIEW 1Challenges Managing Global TeamsStudent’s NameCourse IDUniversityDate
HI6008 - Business Research | Challenges Managing Global Teams_1
LITERATURE REVIEW 2Table of ContentsIntroduction......................................................................................................................................3Defining Global Teams....................................................................................................................3Managing virtuality and cultural diversity in global teams.............................................................4Mechanism for managing virtuality.............................................................................................4Mechanism for managing cultural diversity................................................................................5Challenges in Managing Global Team............................................................................................7Implications for IHRM....................................................................................................................9Literature Gap..................................................................................................................................9Conclusion.....................................................................................................................................10References......................................................................................................................................11
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LITERATURE REVIEW 3IntroductionGlobal team is widely used as a strategic Human Resource solution in a multinationalorganisation. It is important to note that a global team is formed across the temporal, cultural andgeographical boundaries to hit into the available HR pools that are distributed around the world.The primary aim of using global team as a strategic HR solution is to increase the organisationalperformance and innovation by integrating diverse knowledge and targeting expertise regardlessof the political boundaries (Magdaleno and Kleiner, 2016). The use of global team helps inachieving better efficiency by around-the-clock operations across various time zones. However,there are several challenges that are faced by the multinational organisations while managingglobal teams. The literature review has been developed in order to observe and critically evaluatechallenges faced by the multinational organisations in managing global teams. Additionally, thestudy aims to present the impact of cultural diversity and the implications of International HRMin the current business scenario.Defining Global TeamsIn order to define global teams, the previous literature reveals that most often the study ofglobal teams overlapped with the research involving multinational teams, distributed teams,multicultural groups, and virtual teams (Dixon, 2008). Therefore to define the term global team,the topic must be distinguished from these areas of research. In recent years, globalisation hascontributed towards the formation of a geographically dispersed workforce. Meanwhile, globalteams are virtual teams that serve as the principal vehicle of business organisations utilised toachieve global efficiency. In order to offset management pressures come from the diversified
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LITERATURE REVIEW 4target audience demand, converging markets, and resource allocation, organisation managementhas developed global teams. Modern business dynamics and internationalisation of businesses have emerged globalteams to proliferate best operations and practices in the overseas markets. Evidently, in thetwenty-first century, complex strategic business interventions have been managed and executedthrough global teams achieving sustainability and growth at the global stage (Araujo, 2009).Global teams are multinational working teams where team members are interconnected in avirtual note. Decisively, global teams have been geographically distributed and it requiressignificant knowledge and management skills to overcome the challenges of managing globalteams operating at the different corners of the world.Managing virtuality and cultural diversity in global teamsManaging global teams can be identified as one of the most difficult tasks in humanresource management in compared to traditional teams (Hansen, Hope and Moehler, 2012). Asglobal teams embed multiple geographical contexts, diversified cultural background, differenttime zones, and use of multiple communication technologies, the complexity of managing theteams is far trickier (Dixon and Panteli, 2010). Before reviewing the challenges of managingglobal teams, it is important to evaluate the methods of managing virtuality and diversity inglobal teams on the basis of previous literature. Scholars have evaluated a number ofmechanisms that have been illustrated in the following section for managing virtuality anddiversity in global teams.
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