Towards a High-Performance Global Organization; Dimensions, Challenges and Solutions of GPM Programs

Globalization and internationalization are two concepts that are growing spectacularly in the last decades. However, multinational enterprises are facing the challenges and uncertainties of the cross-cultural context and struggling to maintain the effectiveness of their operations and the sustainability of their competitive advantage. Based on the literature research, the following report will thoroughly discuss five broad dimensions, namely: managers’ leadership skills, people management, organization’s design structure, culture and change management, which directly affect the global performance management of multinational enterprises. On one hand, it will address the theories that enable companies to overcome the challenges encountered while applying these dimensions, and accordingly maximize their tangible outcomes and their performance effectiveness. On the other hand, the report will highlight on the necessity of correlating risk management programs along with the global performance management programs and to continuously monitor their application and their alignment with the companies’ international business strategy.