Challenges
- Resources: The vast amount of materials and information that have to be managed needs a lot of micromanagement which if not handled properly can cause loss of efficiency, and even loss of quality in service delivery
- Lack of team spirit: Dealing with people means dealing with lots of personalities, and on the course of business, good management needs to be supported by human and non-human capacities for a perfect synchronization.
- Budget Control: Management does not imply to have control of the budget. You will be only given a number, and you’d better fit in the limit by finding the most cost-efficient and timely way.
- Virtual Work: Management within multi-national companies requires accurate data entry and processing platforms, simple time zones and less complex language barriers.