HI6008 - Business Research Methodology, Multinational Companies
Added on 2020-03-04
11 Pages1994 Words218 Views
Running head: BUSINESS RESEARCH METHODOLOGYBusiness Research MethodologyChallenges of managing team in multinational companiesAssignment 2Name of StudentName of the UniversityAuthor Note
1BUSINESS RESEARCH METHODOLOGYIntroductionThe increased globalization has forced the firms to expand their markets beyond theirhome countries and gain more number of customers (Baylis, Owens and Smith 2017). Thecompanies try to venture in new geographical territories and acquire new target markets forincreasing their revenue generation. The multi-cultural work teams are usually derived frommore than two geographical regions and they are regarded as the global virtual teams. They tendto meet the customers’ expectations in the highly turbulent business environment (Beck 2015). Insuch globally diverse teams, there needs to be highly effective management policies so that theorganization is able to meet its mission or goals. This paper would identify the gaps in the literature review in the earlier assignment 1 bythe critical analysis of the literature review. The justification of the problems of the literaturereview isbeing given and they would be explored with the help of formulation of the hypothesis.A qualitative research would be undertaken so that the research questions can be answered. Theconcluding part of the report would include the research limitations. Project ObjectiveThe primary objective of the project is to seek solutions for the issues that are faced in theprocess of cross-border teams. This research aims to identify the number of alternatives thatwould be available to the cross border managers when it comes to managing the global teams. Project ScopeThe scope of the project would include the actual guidelines that can be implementedwhen there are challenges with the global team management. A mixed source of solutions aim to
2BUSINESS RESEARCH METHODOLOGYbe provided and they would be aimed at enhancing the organizational productivity. Themultinational companies involve the location of offices in various parts of the world. Anyfictitious solution for smooth management of global teams is outside the scope of this project. Literature ReviewAccording to Boss,Bryant and Mancini (2016), the global teams are bound to haveconflicts in themselves and hence it is one of the duties of the managers to solve them quicklyand efficiently. It is important to develop coherent teams in which there is a shared identity. Theteam members located in geographical diverse background should be imbibed a strong sense ofteam and they should be reminded of the mission of the organization. As opposed by Gilson etal. (2015), the teams should share same context and should understand the contextualdifferences. They should understand that the global teams would be incompatible and henceshould align their work accordingly (Baylis, Owens and Smith 2017). They should pay moreattention to the priorities and make more cooperation among the team. The findings of Malkamäki, Ikonen and Savolainen (2016) reveal that the unplanned,systematic and transparent communication can greatly reduce the conflict of the cross-borderteams. There should be more casual interaction with the employees belonging to diversegeographical locations and hence there should be more space for accommodating queries andconflicts. It is important to foster team communication and enhance the work environment of theorganization (Baylis, Owens and Smith 2017). The organizational managers should strive to givemotivation to the employees so that they can perform better even if they are located ingeographically diverse locations.
3BUSINESS RESEARCH METHODOLOGYGaps in literature reviewThe literature review failed to identify the potential solutions for the different challengesthat are faced by the global managers. Though there is mention of the cultural trainings, but thepotential solutions have not been proposed. It is important to seek answers to the variousobstacles that come in the way of cross border team management. Gap opportunitiesThe gaps identified in the literature review section needs to be discussed. As there is aproliferation of the global companies, then there should be number of alternatives for managingthe global team management challenges. There are several new technological advancements thatcan be implemented well by the managers (Baylis, Owens and Smith 2017). There are scopes forcreation of enhanced organizational culture in which the employees would be motivated tointeract with each other in a more positive manner. Research HypothesisH0- There are several alternatives for managing the global teamH1- There are lack of suitable options for global team managementThe null hypothesis and the alternate hypothesis is linked with the research questionsbelow-Research QuestionsThe research questions for the identified gaps in literature review are stated below-Primary Question
End of preview
Want to access all the pages? Upload your documents or become a member.
Related Documents
Business Research Assignmentlg...
|12
|3014
|37
Business Research - ways of managing the global teams in a smooth mannerlg...
|13
|2143
|515
Research proposal: A Case of Tescolg...
|10
|2158
|60
Managing Global Teams in Businesslg...
|14
|3205
|41
Business Research Methodology - HI6008 - Multinational Companieslg...
|9
|2521
|22
Impact of the Globalization on the Marketing Functionlg...
|13
|2195
|211