Examples of GLOBE project in the following topics:
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- The GLOBE Research Project is an international group of social scientists and management scholars who study cross-cultural leadership.
- Under the Global Leadership and Organizational Behavior Effectiveness (GLOBE) Research Project, an international group of social scientists and management scholars studied cross-cultural leadership.
- The GLOBE project identified nine cultural dimensions, called competencies, with which the leadership approaches within geographic clusters can be compared and contrasted:
- Logo for the Global Leadership and Organizational Behavior Effectiveness (GLOBE) Project.
- Outline the nine cultural competences found by the GLOBE project using the six GLOBE dimensions and describe how the project pertains to leadership
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- With these components in mind, it is useful to apply them to varying theoretical frameworks designed to illuminate the cultural dimensions and value differences across the globe.
- Understanding cultural predispositions in this regard assists in goal setting and understanding projected timelines.
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- This involves crafting vision statements (long-term projections for the future), mission statements (describing the organization's role in society), overall corporate objectives (both financial and strategic), strategic business unit objectives (both financial and strategic), and tactical objectives.
- For example, a value-based commitment to environmentally responsible hospitality could be reflected strategically by working toward Green Globe certification and tactically by incorporating energy efficient appliances in the motel retrofit.
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- Project management audits are used to determine and control the quality, completion, and timing of a project.
- Like a project management audit, a quality audit is an external verification that a project is compliant with regulations and standard.
- Audits in project management also include regulatory audits to provide external verification that a project is compliant with regulations and standards.
- Audits generally provide a good understanding of how a project is running and how in/effectively the project team is.
- When auditing a project, the project manager needs to be clear that the project team does not become suspicious or feel threatened by it.
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- Ratio analysis is a useful tool for benchmarking the financial and operational efficiency of a project compared with other projects.
- In project management, a ratio analysis may be related to the efficiency of a project and how well the project managers are controlling resources.
- All of these ratios give the project manager a better sense of the health of the project.
- Project managers should consider these ratios in relation to past, present, and future projects, making sure that they are investing in a project that will produce the best value for their dollar.
- Project managers must justify their projects in this context to appease managerial concerns and considerations; thus ratio analysis is also useful in ensuring the viability and likelihood of renewal for a given project.
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- CPM diagrams each step of a project(s).
- Project managers can glean a lot of information about the timing of the project by following the pathways created in the CPM diagram between the different steps.
- The critical path also tells the project manager the shortest possible time period in which the project can be completed since the timing of the project will be dependent on the completion of critical path tasks.
- This helps project managers organize tasks and ensure that time is managed appropriately at each stage of the project.
- Outline business processes within project management utilizing the critical path method (CPM) as a control function and diagram projects within project management using the program evaluation review technique (PERT) chart
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- Gantt charts display the duration of steps in a project and are used by project managers to track the time and sequence of each step.
- Gantt charts are used in many types of projects, including technical projects and simple projects.
- Gantt charts also help communicate the goals and objectives of projects, their timeline, and the expectations project managers have for completion rates for the project.
- If two projects are the same number of days behind schedule, the larger project has a larger effect on resource utilization, but this difference is not expressed on a Gantt chart.
- The X axis displays the expected duration of the project and the bars show how much time each step of the project is expected to take as well as when the step will take place in relation to the rest of the project.
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- Determining the cost of a project is one of the most important initial steps for a project manager.
- If a project manager cannot stay within a controlled budget, they may not have the funds to complete the project.
- These tools are critically important for project managers who need to control resources to ensure project completion.
- The budget may be determined on an annual or monthly basis depending on how long the project is projected to run.
- Once a project receives funding, the project manager will need to use budgeting controls such as variance analysis in order to stay within the budget and ensure the success of the project.
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- Depending on its needs and goals, a company can use a project team, a virtual team, or a cross-functional team.
- Still other projects depend on people with a broad and diverse range of knowledge and expertise.
- Project teams are created for a defined period of time to achieve a specific goal.
- Members of a project team often belong to different functional groups and are chosen to participate in the team based on specific skills they can contribute to the project.
- Software development is most commonly done by project teams.
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- Communication and cumulative knowledge in these technology hubs allows for these innovations to spread via technology to be implemented across the globe with relative immediacy.
- This spread of ideas can be built upon quickly and universally, creating the ability for innovation to be further expanded upon by different parties across the globe.