Mastering the management of global business group urges faced several unique challenges that tend to exacerbate the more common problems faced by all teams, the authors Vijay Govindarajan, director of the Center for Global Leadership at Tuck School at Dartmouth College, and Anil Gupta, professor of strategy and Global e-Business at the University of Maryland's Robert Smith School of Business. Of the 70 teams studied by the authors of global business, about one-third rated their performance as largely unsuccessful. How companies can reverse the generally weak performance faltering global teams? The survey authors of 58 senior executives from five U.S. and four European international organizations reveals some hard-earned ideas that can benefit your cross-border activities. When global business teams fail, often because of a lack of trust between team members. As a result, the leaders of the global management teams to initiate processes that emphasize the cultivation of trust. Also high on the list of those responsible impedes communication, geographical, cultural and language differences cause. Even in the case of the team, whose members speak the same language, the difference in semantics, accents, timbre, pitch, and dialects may be obstacles. To reduce the corrosive effects of these cross-cultural barriers, managers should establish cross-border team charter, composition and process carefully - every aspect is equally stressed. The authors elaborate on how these work holistically, to increase the chances that your global business teams will be high sources of invaluable experience in multinational leads to competitive advantage. "Hide
by Vijay Govindarajan, Anil K. Gupta Source: MIT Sloan Management Review 11 pages. Publication Date: July 1, 2001. Prod. #: SMR070-PDF-ENG