The Influence of Cultural Diversity on Team Performance in Multinational Corporations
University of edinburgh MA Social Policy and Economics, United Kingdom.
Research Article
International Journal of Scholarly Research in Multidisciplinary Studies, 2024 05(02), 041–051.
Article DOI: 10.56781/ijsrms.2024.5.2.0046
Publication history:
Received on 13 October 2024; revised on 23 November 2024; accepted on 25 November 2024
Abstract:
The primary objective of this research is to examine and analyze the impact of cultural diversity on the overall effectiveness and productivity of teams operating inside international organizations. The primary objective of this research is to bridge the existing knowledge deficit in the domain of cross-cultural management and organizational behavior. This is achieved by conducting an investigation into the intricate association between cultural diversity and team performance inside MNCs. In the context of this study, a mixed-methods approach is considered the most suitable methodology. This methodology enables a thorough examination of the correlation between cultural diversity and team performance, encompassing the utilization of both quantitative and qualitative data. The results emphasize the importance for MNCs to implement comprehensive strategies that take into account the specificities of leadership, organizational culture, and team dynamics in order to effectively use the benefits of cultural diversity. By engaging in such practices, firms can effectively tackle the complexities associated with cultural diversity and bolster their global competitive advantage. Through the implementation of these strategies, MNCs have the opportunity to effectively utilize the advantages presented by cultural diversity, hence enhancing their competitive advantage within the global market.
Keywords:
Cultural diversity; Team performance; Multinational corporations; Cross-cultural management; Organizational behavior; Team effectiveness
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Copyright © 2024 Author(s) retain the copyright of this article. This article is published under the terms of the Creative Commons Attribution Liscense 4.0