Solution
Sanchita answered on
Sep 04 2020
Assignment 2
Examining communication issues between project managers and project sponsors in large international projects
Description of the Research topic:
The research paper is aimed to examine communication issues between project managers and project sponsors in large projects. The large projects often involve huge collaboration of people and resources across the globe. In other words, the globalised nature of business scenario is gaining momentum as it offers many economic advantages. Communication is one of the most significant qualities of a good manager, and is extremely important for efficient and smooth functioning of an organization. Hence, when in a business, teams from different spheres of the world collaborate; it is only natural that the possibility of miscommunication goes tremendously high. In a highly globalised business scenario, workers work around the globe, come from different cultural and ethical background that have different values and at times, such values seem to contradict that inadvertently causes e
or in communication channel. Since, it is posing many communication challenges it is the objective of this research study to explore.
The study is aimed to do an in-depth research of the cu
ent business scenario in the globalised scenario world and the communication challenges that it poses in an organization. Furthermore, the research study will also touch upon the topic of individualism and collectivism, a
oad cultural mindset that prevails in western and eastern countries respectively.
Rationale
It is being increasingly observed that business now-a-days are getting increasingly globalised, the fact that capitalism is on the rise across the world and the trade polices (such as FTAA) have been adopted throughout the world has made countries extremely lax about the business polices. Australia has also em
aced globalization with open-arms and the Turnbull government is highly upbeat about providing a conducive environment for global trade. It has recently signed FTAA agreement with China for agricultural trade. Companies like Wesfarmers, Woolworth’s group are making the right noises in the international arena. Hence, globalization has aided business to procure best resources such as labor, raw materials and other business requirements at most cost effective prices without compromising on the quality. Thus, it is being noted that the flow of people, resources across the nations have increased and is creating a conducive atmosphere for business to thrive. On the other hand, another trend that is being noted is the fact that business are increasingly relying on gaining capital from public. Hence, many multinational companies are converting into public listed companies and their stocks get exchanged across the globe. This insinuates that it becomes possible for individuals to acquire shares of an organization i
espective of the geographical location.
Though, the increasingly globalised nature of business creates many advantages, however at the same times, it also poses interesting challenges. One of the most pertinent challenges that is getting increasingly evident due to the globalised nature of business is in the field of communication.
Communication can be defined as flow of ideas, thoughts and or information through oral, written or any other medium. It can be both unidirectional as well as multi directional. In a typical business scenario, especially in large projects that often involve engagement of team members across the globe, it is imperative to have good and sound communication....