Abstract:
As the business environment evolves at such a rapid pace, the teams and organisational culture play a critical role in impacting and in influencing team effectiveness. The organisations require tools, strategies, and methodologies to remain adaptable, as well as innovative, in the rapid pace business landscape. As the teams and the organisational culture evolve, it is important for the organisations to eliminate the obstacles that could hinder the team’s effectiveness as the evolution occurs at a rapid rate. An exploratory, qualitative research approach was used to gain deeper insights and an understanding from the developed markets’ multinational enterprises and the emerging markets multinational enterprises on how they can manage team effectiveness as the teams and organisational culture evolve. Through 12 semi structured interviews with the team leaders and the team members from the developed markets MNE’s and the emerging markets MNE’s and from multiple industries, data was collected to further gain insights. The outcome from the research has additional factors that emerged that the organisations could utilise to be able to influence the organisational culture and team evolution to remain effective.
