Multinational teams present new challenges for the International manager. There are logistics problems, and business culture clashes. Team dynamics play ...
Meeting deadlines and managing project workflows when working with people from different nationalities can be one of the most challenging ...
Westerners frequently miss the importance of the Asian dinner ritual. Most Asian cultures place tremendous importance on building a strong ...
Just as every country and every region and every people have social cultural preferences, the corporate world has business cultural ...
Managing a multinational project spread across continents is hard. How do you stay on top of the project, and make sure your team is working smoothly? Part of the answer is to use the right tools. That means choosing a management tool that works well with your team, but also drives the process. And one huge tip: Don’t use Basecamp. Instead, look at these other tools.
Most management advice you find online is going to teach the wrong skills if you have a multinational team, if you are working anywhere outside the Westernized world, or if you regularly interact with overseas partners. The fact is, most management theory is Western, and most people writing about management teach what they know. Multinational managers need the skills to successfully manage a team with mixed business culture — Western, Middle-Eastern, Asian, and Latin. Each one is different, and each one prioritizes different things.
There is no single management tool that can work in the global landscape. Learning to adapt the management style of our home culture to that of our multinational team is the prerequisite to success. Thanks to Richard Lewis, we’ve got some fantastic tools to help us take the first step. Take a look at how leadership style differs across cultures and countries with these fantastic leadership style diagrams.
The American market for almost everything is huge, but there is far more purchasing power outside the U.S. For businesses that are ready to “go global,” the world is their oyster. But “going global” requires adapting to new markets, new business practices, and different ways of managing relationships. This short video shows how there’s more to it than translating packaging or hiring an exporter.
The global economy is recovering. There are incredible opportunities for new business… but only if you take time to learn about the challenges too. International business present challenges that Western and Eastern businesses are just learning how to deal with. According to many sources, about two thirds of International projects have serious problems. Why is global business so much more challenging than local business?
In the global business world, communication is imperative for the successful execution of daily operations. Understanding the importance of culture and respecting the role it plays in the business world is vital and could mean the difference between the success or failure of your overseas ventures. This week’s video blog gives us an insight on how bad things can go.
Being polite might seem easy: Someone does something nice, you say “thank you,” right? As it turns out, that all depends on your location. Manners are different all over the world. And just as every country and every region and every people have social cultural preferences, the corporate world has business cultural preferences too — and those preferences define how we conduct business.
Identity is core to a person’s view of self image. It’s how we perceive ourselves in relationship to our family, associates, and friends. Some cultures focus on individual goals, while others prioritize the well-being of the group over the individual. This articles explores Roy’s story, and shows how misunderstanding business cultural practices can mean lost employees.
Do we get right down to business, without knowing much about the other person, or do we build a strong and trusting relationship, only talking about business after we know each other well? How you answer this question depends on your business culture. Engagement styles can be venture driven or relationship driven. Knowing how to engage with your partner is essential — because using the wrong style means your business will never get off the ground.
Are you looking to diversify your investments, spreading your money around the world? It’s a great idea. A multinational investment strategy protects you from fluctuations in one region. But in today’s tumultuous world, with geopolitical upheaval and unsteady markets, how do you know where to invest?