Business Assignment Example | Topics and Well Written Essays - 2250 words

Business - Assignment ExampleThis report stresses that recent country-by-country study analysis of globalization reveals some surprises and interesting bits. The study shows that there are high possibilities of continued integration of economies world over as well as more than five percent increase in gross domestic products. In addition, there is enormous room for world connectedness to expand which will be of various benefits in the international business. This paper makes a conclusion that mutual respect, healthy interdependency, cross cultural communication and impelling leadership are some of the most appropriate ways through which a successful spheric project management can become a reality. Without the implementation of the above factors such that that leadership lacks authority, force out and control over employees, then the projects destination is failure. Using cross-cultural teams effectively in projects provides a massive source of experience as well as innovative thi nking that elicit innovation and competitiveness of their organizations. Managements should also make proper efforts to eliminate communication barriers that may hinder receptiveness and transparency in the organization. Discriminatory cultures and principles should also not find a leeway into any organization. It is and then important that managers should also give room for innovation, creativity and motivation by offering flexible leadership.