Question

In: Economics

How do leaders motivate, compensate, and reward different global teams?

How do leaders motivate, compensate, and reward different global teams?

Solutions

Expert Solution

Leaders plays an important role in any country of the world. Whether leaders are political, economic or relate with any other field, they have the power inn there own sphere. Leaders plays an important role in motivating and compensating different global teams. The global teams are working all around the world. The leaders makes important collaborations with the world teams. The leaders plays an important role in avoidation of useless meetings.

The leaders plays an important role in setting goals and objectives. The leaders Provide the resources they need to do their work exceptionally well. The leaders who actually lead global teams are up against stiff challenges. Creating successful work groups is hard enough when everyone is local and people share the same office space. But when team members come from different countries and functional backgrounds and are working in different locations, communication can rapidly deteriorate, misunderstanding can ensue, and cooperation can degenerate into distrust.

The leaders shape the world teams to collaborate on the common goals and targets. One basic difference between global teams that work and those that don’t lies in the level of social distance—the degree of emotional connection among team members. When people on a team all work in the same place, the level of social distance is usually low. Even if they come from different backgrounds, people can interact formally and informally, align, and build trust. They arrive at a common understanding of what certain behaviors mean, and they feel close and congenial, which fosters good teamwork. Coworkers who are geographically separated, however, can’t easily connect and align, so they experience high levels of social distance and struggle to develop effective interactions. Mitigating social distance therefore becomes the primary management challenge for the global team leader.


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