This report provides an executive summary of the challenges faced by global managers in leading multicultural teams. It emphasizes the importance of specific leadership skills, including adaptability to cultural differences and effective communication, to achieve organizational goals in a global context. The report explores the need for training and development to address cultural differences, facilitate group dynamics, and leverage ICT advancements in managing virtual teams. Key topics include cultural sensitivity, team development, blended organizational cultures, group dynamics, gender differences, global performance management, and the challenges of a multi-generational workforce. The report also highlights the role of ICT, the dynamics of virtual teams, and potential barriers to global project success, such as conflicts arising from cultural differences and role conflicts, offering a comprehensive overview of the complexities of global team management.