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BUSINESS 012-The Challenges of Globalization

   

Added on  2020-03-07

14 Pages3156 Words12 Views
Running head: CHALLENGES MANAGING GLOBAL TEAMSChallenges managing global teamsName of the student:Name of the university:Author note

1CHALLENGES MANAGING GLOBAL TEAMSTable of Contents1.Introduction..............................................................................................................................22.Project objective.......................................................................................................................23.Project scope.............................................................................................................................24.Literature review......................................................................................................................24.1 Introduction............................................................................................................................24.2 Background............................................................................................................................34.3 Benefits of global teams........................................................................................................44.4 Difference..............................................................................................................................54.5 Reasons of failure for global teams.......................................................................................54.6 Developing global team.........................................................................................................74.7 Cultural impact......................................................................................................................85.Conclusion................................................................................................................................96.Reference................................................................................................................................107.1 Appendix 1...............................................................................................................................117.2 Appendix 2...............................................................................................................................12

2CHALLENGES MANAGING GLOBAL TEAMS1.Introduction The inception of globalization has started changing almost all the business concerns. Thechallenges of globalization are seen by reshaping the organizational functioning from thetraditional way. To cope up with the increase in global business environment, organizations arebringing team members of other countries or building teams which can cross internationalborders to build a working relationship among the people of different race and ethnicity (Babarand Lescher 2014). 2.Project objectiveThe objective of the project is to design teams to from a wide range of cultural diversityto increase operational efficiency and create effective processes. Employees from differentculture, caste, creed and race will need to work in collaboration in a local workplace, an MNC orany international organization. 3.Project scopeThe project scope will include overcoming the challenges faced by the managers andother members who are involved in the working of international organizations. They come acrosschallenges like how to use the skill of an individual member along with minimizing the loss incoordination due to miscommunication, language, difference in working style and othermisunderstandings.

3CHALLENGES MANAGING GLOBAL TEAMS4.Literature review4.1 IntroductionGlobalization on one hand has increased the job prospect for an individual as well asimplanted various hurdles in their work role. One of them is, being able to work in cross- culturalenvironment. The challenges faced in managing international teams is to identify the hiddencauses which gives rise to cultural conflict and interfere to deal with the hurdle for bringing theemployees back to a proper working environment and how such hurdles in the future can beovercome. Global teams are made to make use of the global diversity effectively and increasethe efficiency of the organization in that way (Boutellier, Gassmann and Von Zedtwitz 2013). 4.2 BackgroundA global team refers to a group of workers or employees of two or more nations, who arebrought under one roof to manage, develop and coordinate the operations of an international firmor company. Culture persists among the individuals of similar gender, nationality, doing samefunction in the same organization. The members of so much in common also share similar views,which they want to implicate and explain according to the situation, events and managerialpractices in the same way. On the contrary, individuals of various culture and background willhave a different way to react and respond to a certain situation or approach. Study on thecomposition of teams described that a team consisting of people of same background are moresatisfied and have affirmative reaction but a team of different cultured people can exhibit teamcreativity and broader solution to the problem. It is seen that the multicultural teams are better infinding solution to a problem rather than the teams which consist of people of the same culture.Heterogeneous teams are capable of providing opportunity to mix freely in a business, cultural or

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