Managing Global Teams in Business
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Added on 2020-05-16
Managing Global Teams in Business
Added on 2020-05-16
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Running head: MANAGING GLOBAL TEAMS IN BUSINESS
Managing Global Teams in Business
Name of the Student
Name of the University
Author Note
Managing Global Teams in Business
Name of the Student
Name of the University
Author Note
1MANAGING GLOBAL TEAMS IN BUSINESS
Table of Contents
1. Introduction..................................................................................................................................2
2. Project Objective.........................................................................................................................3
3. Project Scope...............................................................................................................................3
4. Literature Review........................................................................................................................4
Global Work Teams.....................................................................................................................4
Benefits of such diverse work teams...........................................................................................4
Problems and challenges in maintaining global teams................................................................5
5. Research Questions......................................................................................................................8
6. Research Methodology................................................................................................................8
Quantitative Research..................................................................................................................9
Qualitative Research....................................................................................................................9
7. Research Limitations.................................................................................................................10
8. Time Schedule...........................................................................................................................10
9. Conclusion.................................................................................................................................11
10. References................................................................................................................................12
Table of Contents
1. Introduction..................................................................................................................................2
2. Project Objective.........................................................................................................................3
3. Project Scope...............................................................................................................................3
4. Literature Review........................................................................................................................4
Global Work Teams.....................................................................................................................4
Benefits of such diverse work teams...........................................................................................4
Problems and challenges in maintaining global teams................................................................5
5. Research Questions......................................................................................................................8
6. Research Methodology................................................................................................................8
Quantitative Research..................................................................................................................9
Qualitative Research....................................................................................................................9
7. Research Limitations.................................................................................................................10
8. Time Schedule...........................................................................................................................10
9. Conclusion.................................................................................................................................11
10. References................................................................................................................................12
2MANAGING GLOBAL TEAMS IN BUSINESS
1. Introduction
Over the last few decades, the global commercial framework has undergone considerable
dynamics and modifications, which have contributed massively in shaping up the modern day
methods of doing business. With time, the global business scenario has become more integrated
and inclusive, by reducing the geographical and cultural barriers existing in these aspects.
Phenomena like that of Globalization and Liberalization across different countries have also
contributed in making inter-country trade and commerce much convenient. This in turn has
encouraged more and more companies to increase their domain of operations and production
across different geographical location, to explore and take advantages of geographically
diversified economies and markets (Mendenhall et al. 2017).
With the penetration in the global markets, the workforces within these companies are
also changing significantly, with the companies having employees not only of different expertise
and experiences but also of different cultural, geographical and ethnological origins. These
companies, for the purpose of better and wider commercial prospects and for expanding their
domain of operations, are becoming increasing dependent on this geographically and culturally
varied workforce, which is contributing positively in terms of implementing strategic diversities
(Erez et al. 2013).
However, the presence of a global and diverse workforce often leads to problems within
the teams, in terms of misunderstandings, lack of coordination and confusions, thereby making it
a challenge for the managers to manage the global workforce in an efficient manner, such that
their productivity and success are optimized. Keeping this into consideration, the paper proposes
1. Introduction
Over the last few decades, the global commercial framework has undergone considerable
dynamics and modifications, which have contributed massively in shaping up the modern day
methods of doing business. With time, the global business scenario has become more integrated
and inclusive, by reducing the geographical and cultural barriers existing in these aspects.
Phenomena like that of Globalization and Liberalization across different countries have also
contributed in making inter-country trade and commerce much convenient. This in turn has
encouraged more and more companies to increase their domain of operations and production
across different geographical location, to explore and take advantages of geographically
diversified economies and markets (Mendenhall et al. 2017).
With the penetration in the global markets, the workforces within these companies are
also changing significantly, with the companies having employees not only of different expertise
and experiences but also of different cultural, geographical and ethnological origins. These
companies, for the purpose of better and wider commercial prospects and for expanding their
domain of operations, are becoming increasing dependent on this geographically and culturally
varied workforce, which is contributing positively in terms of implementing strategic diversities
(Erez et al. 2013).
However, the presence of a global and diverse workforce often leads to problems within
the teams, in terms of misunderstandings, lack of coordination and confusions, thereby making it
a challenge for the managers to manage the global workforce in an efficient manner, such that
their productivity and success are optimized. Keeping this into consideration, the paper proposes
3MANAGING GLOBAL TEAMS IN BUSINESS
to discuss and highlight the primary challenges which are faced by the contemporary global
business teams in their operational framework, which in turn becomes challenges to the
corresponding managements, emphasizing on the problems which crop up while managing cross
border business teams.
2. Project Objective
Keeping the above discussion in consideration, the primary objective of the concerned
project is to analyze and interpret the different challenges and problems, which are faced by the
managers of especially those multinational commercial institutions, which operate in different
geographical domains and have geographically and culturally diversified cross-border teams of
employees. For understanding the same, it is of utmost importance to study the characteristic
features of such cross-border business teams, the problems which crop up in such a framework
and the root causes behind such problems, which are also proposed to be studied by the
concerned research project. Apart from highlighting the different challenges which the managers
face, which in turn create hurdles in the path of achievement of the organizational goals, the
paper also proposes to analyze the different styles of management which are usually undertaken
in this aspect and how they can be improved to combat these hurdles efficiently.
3. Project Scope
It can be seen from the above discussion that the contemporary global business scenario
is becoming increasingly integrated and diverse, with companies hiring employees from different
geographical locations, cultural backgrounds and professional expertise and the work teams
becoming geographically varied within the companies themselves. In such a scenario, it becomes
important for the managements to design their operational frameworks in such a way that
to discuss and highlight the primary challenges which are faced by the contemporary global
business teams in their operational framework, which in turn becomes challenges to the
corresponding managements, emphasizing on the problems which crop up while managing cross
border business teams.
2. Project Objective
Keeping the above discussion in consideration, the primary objective of the concerned
project is to analyze and interpret the different challenges and problems, which are faced by the
managers of especially those multinational commercial institutions, which operate in different
geographical domains and have geographically and culturally diversified cross-border teams of
employees. For understanding the same, it is of utmost importance to study the characteristic
features of such cross-border business teams, the problems which crop up in such a framework
and the root causes behind such problems, which are also proposed to be studied by the
concerned research project. Apart from highlighting the different challenges which the managers
face, which in turn create hurdles in the path of achievement of the organizational goals, the
paper also proposes to analyze the different styles of management which are usually undertaken
in this aspect and how they can be improved to combat these hurdles efficiently.
3. Project Scope
It can be seen from the above discussion that the contemporary global business scenario
is becoming increasingly integrated and diverse, with companies hiring employees from different
geographical locations, cultural backgrounds and professional expertise and the work teams
becoming geographically varied within the companies themselves. In such a scenario, it becomes
important for the managements to design their operational frameworks in such a way that
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