Cultural diversity as a source of competitive advantage


Problem:

Employing team members from around the world for a single, collective effort may allow organizations to achieve cost savings and maximize the impact of human resources. This implies that a manager's ability and skill to create and manage multinational teams is a significant factor in enabling an organization to realize its goals and visions.

What evidence is there to suggest that cultural diversity in a company can be a source of competitive advantage? How can this potential be realized in practice and what are the main difficulties involved? Finally, how do you interpret the concepts of e-ethical leadership and practice in light of what you know about cross-cultural management, and how can these concepts by effectively applied to cross-cultural teams?

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Other Management: Cultural diversity as a source of competitive advantage
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