Marco Kaiser’s Post

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Global Manager in Automotive, E Mobility and R&D | Pioneering Innovative Programs

🌍 📈 Have you ever wondered how global corporations achieve success even when their teams are distributed across the globe?   Spoiler: Global Virtual Teams play a crucial role Part I 💻 🎧 Global Virtual Teams (#GVTs) are collaborative groups comprising individuals from various geographic locations, interconnected through technology. In the contemporary, interconnected business landscape - particularly within the #automotive #EMobility - GVTs are essential for mirroring a global customer base and leveraging the presence of one's corporate entities worldwide.   The strategic need for Global Virtual Teams (GVTs)   Harnessing Diverse Expertise GVTs are the melting pot of global talent, bringing together a rich variety of skills and knowledge. This diversity is the catalyst for innovative and creative problem-solving, essential in today’s complex business environment.   Achieving Cost Efficiency They cut organizational expenses by reducing travel and leveraging global expertise, which may not be locally available. This is particularly crucial in the automotive industry, where a balanced mix of High-Cost Country (HCC) and Best-Cost Country (BCC) share is vital for cost-efficient development and production to bring the products alive.   Leveraging Flexibility for Productivity GVTs provide adaptable communication methods and the capacity to operate across various time zones, thereby enhancing productivity. This can be a really efficient measure to speed up development and improve overall efficiency by leveraging different time zones. During my stay in Japan as an Expat (GMT +9) it was possible to have F2F meetings with the #OEM in the morning, discuss the results with the German colleagues in the afternoon and providing validated feedback to the customer the day after.   Expanding Global Reach They empower organizations to function internationally, accessing into new markets and global talent pools. For example, within the Automotive industry Software is playing a crucial role, but local markets for SW engineers in Europe are quite limited. Hence using GVT's the program and development team can be fueled by SW experts from India or other regions globally were the availability of resources and required know-how is given.   Fostering Cultural Exchange GVTs promotes cultural interaction and comprehension, contributing to personal development and heightened global consciousness. In my pov this is really important if a company for example is headquartered in Germany and wants to reach out to a global customer base. First, management and employees from the HQ need to understand the culture which they want to make business with, also here GVT's are going to sensibilize all of the involved stakeholders - including the customer. Cultural understanding is not often ranked as a TOP item, however if a German Tier 1 is really serious to make business with for example Japanese OEMs (#JOEM) - cultural understanding is key.

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Henrik Herold

Inhaber der Keles & Partner Group

2mo

Good to know!

Insightful!

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