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Managing Global Virtual Teams in International Management

   

Added on  2023-01-12

8 Pages2436 Words81 Views
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INTERNATIONAL
MANAGEMENT
Managing Global Virtual Teams in International Management_1

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY ..................................................................................................................................3
Global virtual teams....................................................................................................................3
Training and developing manager for effectively managing the global virtual team.................4
Challenges faced by manager .....................................................................................................5
Skills and practices used by manager in successfully managing the staff..................................6
CONCLUSION ...............................................................................................................................7
REFERENCES................................................................................................................................8
Managing Global Virtual Teams in International Management_2

INTRODUCTION
International management is defined as the proper management of the operations and
other activities of business at the international level. The world has become a single economy
and any country can trade with any other country and for this it is necessary for the company to
have effective management (Madura, 2020). The present study is based on company Daimler
which is a German automotive corporation and is headquartered in Stuttgart in Germany. The
present report will start by highlighting the global virtual team and role of culture in international
business. Further it will outline how important it is to manage the global virtual team for success.
In the end the discussion will highlight the different challenges faced by the manager in
effectively managing the team and skills required to manage the business successfully at
international level.
MAIN BODY
Global virtual teams
In this highly competitive world where the business has to trade at international level in
order to become successful. This is necessary because of the fact that the in international trade
any country can trade with any other country and for this it is essential that all the employees
work in effective and efficient manner. When the companies operate at international level then
the employees are hired from different cultures and background and different countries as well.
Thus, it is very crucial for Daimler to understand the different roles and try to manage effectively
different people coming from a variety of cultures.
This is necessary for Daimler because if there will not be proper communication and
coordination among the employees coming from diverse cultures then the working will not be
proper. This will result in decrease in productivity of employees and the company as well. Thus,
for this it is necessary for Daimler to properly understand the role of culture within the
international business management. Hence, for this it is necessary that Daimler respect all the
employees coming from diverse cultural background and make policies in order to keep the
employees happy and satisfied (Bekaert and Hodrick, 2017).
Another reason for managing cultures within Daimler is that the company has different
global virtual teams who carry on the working and operations of the company. Thus, for
becoming successful it is very necessary for manager of Daimler to manage these team in
Managing Global Virtual Teams in International Management_3

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