Keys to success in multi-cultural project work
Seminar paper from the year 2010 in the subject Business economics - Business Management, Corporate Governance, grade: 2,3, University of Applied Sciences Berlin, language: English, abstract: In modern economy, companies and industries face more complex challenges than ever be-fore. Globalized markets offer great opportunities for their players, but operating successfully in this complex environment requires different approaches than in a domestic environment. Making best use of the availability of resources like goods, employees and services from abroad on the one hand, but managing challenges like increasing competition, pressure on costs and innovation and the high dynamic on many foreign markets on the other hand are so-phisticated tasks an international company nowadays has to deal with. Global interaction requires a company to cooperate with partners in the different countries. Due to many reasons, cooperating successfully on such international level is very difficult. Explain-ing the requirements and challenges of cross-national projects, emphasising the importance of cultural differences and their consideration in inter-cultural project work and determining how such projects can be managed successfully is subject of this paper.
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31 October accepted Accessed 31 Aligning projects Alternative definition Alternative understanding authoritarian behavioural patterns chal challenges Characteristics of inter-cultural choice of media communications plan companies competition concept of culture Considering possible Cooperation Within Intercultural countries like China Critical Success Factors Cultural characteristics Cultural dimensions cultural environment Cultural studies Defining project success differences in projects difficult distinguish cultures domestic project electronic expectations Factors for International Finding agreement Freedman and Katz gain benefits Geert Hofstede Global goals hierarchies high dynamic high power distance http://www.projektarbeit-projektplanung.de/internationale_projektarbeit/index.php http://www.projektmagazin.de/glossar/gl-0233.html information exchange inter-cultural projects Intercultural Project Teams international and multi-cultural International Projects Internationale Projekte Japan Kerzner Leadership requirements lenges List of figures Managing cultural differences mother tongue multi-cultural projects norms Objectives of project potential partner project leaders project management projects and partners PROJEKTPLAN Purpose and benefits rules secondary CSFs stakeholders Sumetzberger team members uncertainty avoidance understanding of project Universal definition values Virtual Cooperation