logo

Project On Challenges in Global Team - HI6008

11 Pages3347 Words51 Views
   

Holmes Institute Sydney

   

HI6008 Business Research (HI6008)

   

Added on  2020-03-01

About This Document

HI6008 - The objective of this project is to analyse the various challenges that are faced by the managers to manage the global teams. Along with this, the objective is also to analyse that how the global teams can be effectively develops in order to overcome such barriers or challenges. This objective requires the researcher to research about the topic deeply so that various issues in global teams can be identified. 

Project On Challenges in Global Team - HI6008

   

Holmes Institute Sydney

   

HI6008 Business Research (HI6008)

   Added on 2020-03-01

ShareRelated Documents
Running head: GLOBAL TEAMS0Challenges of ManagingGlobal Teams
Project On Challenges in Global Team - HI6008_1
GLOBAL TEAMS1Table of ContentsIntroduction:...............................................................................................................................................1Project Objective:........................................................................................................................................1Project Scope:..............................................................................................................................................1Literature Review........................................................................................................................................2Conclusion:..................................................................................................................................................6Reference List..............................................................................................................................................7
Project On Challenges in Global Team - HI6008_2
GLOBAL TEAMS2Introduction:Globalization is the process that allows the companies to expand their business to theinternational market. As results in increasing globalization in the countries, more and morecompanies are going international and thus making different teams that help the companies crossthe borders and conduct the business and functions at the international land (Binder, 2009).Mostly, the MNC’s these days make the teams that involve the people from local country and theinternational country so that the functions can be conducted effectively. These global teamsusually provide several benefits to the companies such as efficiency of operations, removal orcross cultural barriers, diversity of culture in the team, etc. But, this also proves to be verydifficult for the managers to manage such teams. It is very challenging for the team manager todevelop bonding between these people and making them learn about the global aspects so thatthey can function anywhere in the world (Pinjani and Palvia, 2013). Project Objective:The objective of this project is to analyse the various challenges that are faced by the managersto manage the global teams. Along with this, the objective is also to analyse that how the globaltams can be effectively develops in order to overcome such barriers or challenges. This objectiverequires the researcher to research about the topic deeply so that various issues in global teamscan be identified. Project Scope:Identifying the challenges faced by the managers in managing the global teams helps inanalysing the various factors and the reason of conflict among the team. This study helps inanalysing such issues and to come up with the strategies to overcome such challenges andbarriers. The scope of the project is that, it results in providing the learner with the greatknowledge of global teams and the various causes that affect the team efficiency at global level. Literature ReviewWhat is a global team?
Project On Challenges in Global Team - HI6008_3
GLOBAL TEAMS3A global team is the team that has been formed with the aim of functioning at the global level.This team generally involves the people or the employees from different countries havingcultural diversity (Shachaf, 2008). It has been identified that people from the same culturalbackground have similar thinking and thus response to the situations in the similar way(Mendenhall, 2012). On the other hand, the team with cultural diversity is said to be morecreative as the employees in the team used to look at the situation from different point of viewand thus resolve the issues in different manner. Benefits of using global teams: Cultural diversity is considered as the basis of global teams (Reiche, Mendenhall and Stahl,2016). It is said to be the twin swords as if the global teams are managed properly, they providevarious benefits but if they are not managed properly than it develops lot of issues for themanagers to manage the same. Some of the benefits are:1.Since the global teams are having employees from different countries thus it provideslarge opportunities to the companies to address the different requirements of the differentmarkets. The company can have better reach if the global teams are framed and managedproperly by the managers (Schuler, Jackson and Tarique, 2011). Different people fromdifferent place conduct the business at different places and thus effectiveness can bebrought up in the process. 2.To attain the different site specific expertise, it is very necessary to make the globalteams. As discussed that global teams have various employees from different backgroundthus have different skills (Lee-Kelley and Sankey, 2008). These skill set can be learnedby other employees of the team. This allows the company to have site-specific expertisefrom the employees of that particular area.3.When a team with homogenous thinking conduct discussion over the issue, theygenerally come up with the similar type of ideas and viewpoints regarding the problem.While if the team have different employees with different cultural background, they have
Project On Challenges in Global Team - HI6008_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
BUSINESS 012-The Challenges of Globalization
|14
|3156
|12

Managing Global Teams in Business
|14
|3205
|41

Business Research Assignment | Literature Review
|10
|2341
|51

Global Project Management Process
|17
|3324
|24

Business Research Assignment
|12
|3014
|37

Business Research Methodology - HI6008 - Multinational Companies
|9
|2521
|22