A Joint Venture Company

Good Essays

From the point of view of a general manager in a JVC there are many things to take into account during the day-to-day management. It is likely to be different from normal organization since employees are formed by people from different countries which have different tradition while at the same time the manager has to face possible divergent requirements from the patent companies. Some issues could happen during the short to long run and may have huge impact on the JVC. Therefore solutions and suggestions will be given in order to minimise the impact they have on the long-term survival of the JVC.

2 Employee performance challenges

2.1 Culture differences

The creation of a joint venture company (JVC) is to combine forces from two or …show more content…

2.1.1 Building the team

Tuckman (1965) suggested that there are 4 stages of development that a team will go through which are forming, storming, norming and performing. The first stage forming is when people come together to get to know each other and try to avoid conflict at the same time. During this stage there should be no obvious issues for the manager because people are just trying to get to know each other and trying to learn what to do next. On the other hand the situation on the following stages could be more challenging. During the storming stage employee will start to have conflict with each other. These conflicts could be caused by differences in culture and working style in previous company where employee may find hard to adopt. If the problems were not fix properly then it is possible that the team can stay together any longer. The third stage is when team members had overcome all the conflicts and members started to bind together where they will be supportive and respect each other. The general manager should be alerted at all times even at this stage because may be people compromise only due to the fear of losing their job. They will then reluctant to share ideas that might improve the performance because it might just create another possible conflict.
2.1.2 Employee relation

Good employee

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