5 Strategies for Building a Global Business Team

It may seem that with the advance of technology, business gaps between countries are growing smaller. However, there are still many benefits to thinking globally when it comes to running your company. Going global might require some changes to your business model, including the creation of teams that are capable of thinking and acting globally. If you are ready to take your company global, there are a few strategies you can use to build effective business teams that can help take it to the next level.

1.      Plan Before You Build

Before you can build successful global business teams, it is a good idea to create a model for them so you can map out your ideas. The concept of a global team is a broad one, so narrowing down what you want to accomplish can help you visualize your goals. As you plan your teams, remember to outline each member’s responsibilities clearly so a stable chain of command is present and so that each team member understands his or her role. When team goals are clear, the more effectively your employees can work to reach them.

2.      Allow for Growth

As you create global business teams, flexibility can be a vital factor in how they come together and grow. While there are many different facets to global business, trying to control each one down to the letter can throttle a team’s growth and create unrealistic expectations. Once you bring your teams together, allow room for growth and step back to see how each one tackles the challenges presented when a company moves into a global market.

3.      Create Diverse Teams

The positive economic impact of a diverse workplace is making the push for diversity stronger than ever, and creating diverse global teams can benefit your company as well. There are several different strategies you can employ to create diverse teams, and one of the simplest is to start within your own ranks.

You can begin by gauging employee interest in going global. Discuss the concept in meetings and note which employees seem interested in joining a global team. You can create diverse teams by bringing on an array of different talents, outlooks, ethnicities, and personalities. The more diverse your global teams are, the wider the scope of their ideas are likely to be.

4.      Look to Successful Global Business Models

Taking cues from individuals who have built successful global businesses, such as Sjamsul Nursalim, who has investments in a variety of businesses worldwide, can help narrow your focus on important factors for a greater chance of success. While it is important to create an original business model that reflects your own individual style, picking up tips and tricks from successful global entrepreneurs can help you avoid common errors when you create global teams.

For example, Nursalim built his fortune by investing in a variety of global markets, including real estate, retail businesses, and fuel options. By not limiting his investments to one sector or country, he was able to discover new opportunities to expand his profits. Examples such as this may help you step into the global market with more confidence.

5.      Teach Your Teams to Think Globally

Your global business teams may be more successful and effective when you teach them to think globally. Include global news in your team meetings, encourage them to scan international news, especially in the sectors you plan to expand into, and create business contacts with people who have experience working in the global market. When your team members think globally, they can gain valuable knowledge that may serve them well once you move ahead with going global.

Moving your business from local to international sectors can be a daunting challenge. However, when you create effective global business teams and allow them to grow, you can feel confident and well prepared when the time comes to take that first step into a brave new business world.

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