How can international teams effectively navigate potential challenges and conflicts that may arise from cultural differences in order to successfully leverage diversity for a competitive advantage in the global marketplace?

Competitive Advantage
International teams can effectively navigate cultural differences by promoting open communication, fostering mutual respect, and encouraging cultural awareness training. By creating a supportive and inclusive environment, team members can learn from each other's perspectives and leverage their diverse backgrounds to generate innovative solutions. It is important for team leaders to address conflicts promptly, facilitate cross-cultural understanding, and establish common goals that align with the team's overall objectives. By embracing diversity and leveraging the unique strengths of each team member, international teams can enhance their competitiveness in the global marketplace.