GLOBALS TEAMS

Creating and Managing Global Teams

Abstract

In this study we try to explore the concept of “global teams” in a holistic context. The main focus of the research is on “globalization” and its impact on the “expansion of multinationals across national boundaries”. The research also analyzes many aspects of “virtual teams” and tries to gauge its effect of the existence. Finally the research describes various factors that influence “virtual or global teams in organizations” and tries to enlighten “effective measures to create and manage global teams”.

Table of Contents

Introduction4

Issues Related to Multiculturalism and Diversity5

Economic Issues during Global Expansion6

The Rise of Virtual/Global Teams7

Managing Effective Virtual Teams in Global Organizations8

The Impact of Mutual Understanding10

Impact of Knowledge Sharing Process10

Inflexibility of Organizational Ties11

Analysis of Cultural Barriers in Global Organizations11

Conclusion13

References15

Creating and Managing Global Teams

Introduction

The purpose of this paper is to enlighten and explore globalization. In addition, the paper will focus on the management of virtual teams in the era of globalization. Nevertheless, the paper engulfs several cultural issues faced by global organizations during the process of expansion. Globalization is the emergence of transnational companies which are produced in response to the constant relocation of the system that needs capitalist production, new production processes and distributive consumption. Globalization is expanding and relocating geographically having intensive use of technology (Lipnack, Stamps, 2000). In some ways, the movement is aggressive to international trade. The products that exported today are not only manufactured goods, but capital and profits. Nevertheless, this loss of earnings is also a loss of capital that further diminishes a country.

At the beginning of the twentieth century, there were around 170 corporations in existence. Today the figure stands at around 5,500. Interestingly, around 1980 the figure stood at close to 2,500 (Lipnack, Stamps, 2000). That represents a 100 per cent increase in 20 years. There is no doubt, then, that the 1980s were a crucial turning point in the history of this concept. The complexity of defining this process is because it has different dimensions and a multidimensional character. In fact, the variety of meanings attached to it seems to be increasing rather than decreasing over time, acquiring cultural connotations, and political, technological, and other types as well as economic. In technological terms, we see as an increase in media and information, develop transport, and change the organization and the production process, making the world smaller than the space and time are reduced. In cultural terms, Globalization involves the rapid and large-scale dissemination of the dominant cultures of this process of their lifestyles, their products, or their language (Lipnack, Stamps, 2000).

With the Globalization of markets, it is possible to exploit more markets and more extensive in the world. This means that one can have access to more capital and technological resources that imports are cheaper and that export opportunities are expanded. However, markets do not necessarily guarantee that this increased efficiency benefits everyone. Countries must be ready to launch the necessary political and, in the case of the poorest, they may need to do to support the international ...