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From the Editor's Desk Research: How Cultural Differences Can Impact Global Teams Diversity can be both a benefit and a challenge to virtual teams, especially those which are global. The authors unpack their recent research on how diversity works in remote teams, concluding that benefits and drawbacks can be explained by how teams manage the two facets of diversity: personal and contextual. They find that contextual diversity is key to aiding creativity, decision-making, and problem-solving, while personal diversity does not. In their study, teams with higher contextual diversity produced higher-quality consulting reports, and their solutions were more creative and innovative. When it comes to the quality of work, teams that were higher on contextual diversity performed better. Therefore, the potential challenges caused by personal diversity should be anticipated and managed, but the benefits of contextual diversity are likely to outweigh such challenges. A recent survey of employees from 90 countries found that 89 percent of white-collar workers “at least occasionally” complete projects in global virtual teams (GVTs), where team members are dispersed around the planet and rely on online tools for communication. This is not surprising. In a globalized — not to mention socially distanced — world, online collaboration is indispensable for bringing people together. Continued here TradeBriefs: Newsletters for Decision-Makers! Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails.

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Work Sam Bankman-Fried will have to face FTX victims at his upcoming trial     Finally, prosecutors said they plan to call witnesses who entered guilty pleas—likely Ellison, Singh, and Wang. Additionally, they plan to call witnesses who will testify \"pursuant to grants of immunity\"—a key bucket of individuals associated with FTX who have yet to be revealed. Work Neurodiverse kids 'dumped' from mainstream education amid debate over special schools     "We need to make sure that children get the sort of education that they need," Clare said. "There's a lot that we do at the moment in providing that support for students in the mainstream system. There's more that needs to be done there." � Work Powerball jackpot crosses $1 billion mark after nobody, once again, beats the astronomical odds     © 2023 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions. Work Veteran EM investor Mark Mobius reveals the 2 tech giants that are key to any portfolio     � � � Work At least 13 people dead after fire at Spanish nightclub     Forty people were injured in 2017 in a packed nightclub on Spain’s holiday island of Tenerife when a floor collapsed. In 1990, 43 people died in a fire at a nightclub in Spain’s north-eastern city of Zaragoza. Work A recession is still likely—and coming soon. Here are 6 reasons why     © 2023 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions. Work It’s so hot and humid in Minnesota that organizers called off two races drawing up to 20,000 runners     © 2023 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions. Work Student loan payments are restarting. Here's what you need to know     © 2023 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions. Work Australia news live: Jacinta Allan reveals major cabinet reshuffle; shark attack leaves SA woman in hospital     Damaging wind gusts with peak gusts of around 90 km/h are possible over coastal areas of the South West and South Coastal districts, extending into the South East Coastal and southern parts of the Great Southern district during Monday. Work Matt Gaetz says he'll seek to oust Kevin McCarthy as House speaker: 'We need to rip off the Band-Aid'     © 2023 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions. Work U2 concert opens $2.3B Sphere in Las Vegas with Oprah, LeBron James, and Paul McCartney looking on     © 2023 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions. Work East Libya postpones Derna reconstruction conference amid calls for unity     On Wednesday, the eastern authorities announced the creation of a fund for the reconstruction of Derna and other areas affected by the flooding. They did not indicate how the new fund would be financed. Work Parents who raise kids with high emotional intelligence never use these 3 phrases: Harvard neuroscience expert     Want to earn more and land your dream job? Join the free CNBC Make It: Your Money virtual event on Oct. 17 at 1 p.m. ET to learn how to level up your interview and negotiating skills, build your ideal career, boost your income and grow your wealth. Register for free today. Work Tim Wakefield, Who Helped The Boston Red Sox Win Their Curse-Ending World Series, Has Died     By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy. Work Hedge fund billionaire Bill Ackman ‘absolutely’ would consider Elon Musk’s X for his new investment vehicle     © 2023 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions. Work Turkish planes raid Kurdish targets in Iraq after terror attack in Ankara     The interior minister, recently appointed in a cabinet reshuffle after the election, thanked the media for covering the attack in Ankara while reminding them of a broadcast ban imposed by the watchdog, the Radio and Television Supreme Council (RTÜK). Work Man in serious condition after allegedly being set alight at the Deni Ute Muster     Police are calling for information from the public after emergency services were called to a campsite area at the event at the small NSW town of Deniliquin, near the Victorian border, after reports a man had caught fire at about 6.40pm on Saturday. Work UK admits extra £330m a year in charges for post-Brexit animal and plant imports     However, farmers and veterinary groups have welcomed the new border checks saying that as well as protecting biosecurity it would help level terms of trade for British exporters who have faced full EU border checks since 1 January 2021. Work Huge Antigovernment Crowds March in Poland Ahead of Critical Election     Andrew Higgins is the bureau chief for East and Central Europe based in Warsaw. Previously a correspondent and bureau chief in Moscow for The Times, he was on the team awarded the 2017 Pulitzer Prize in International Reporting, and led a team that won the same prize in 1999 while he was Moscow bureau chief for The Wall Street Journal.  More about Andrew Higgins Work Bradley Lowery: man charged over 'taunt' at football match     After the incident on Friday, Bradley's mother, Gemma Lowery, wrote on X: "Understandably people are angry, if I wasn't so upset I'd be angry too. Bradley was and still is well loved in the football community, which I'm eternally grateful for, but I must ask that everyone lets the police do their job." Work Bosses are getting Gen Z’s skills deficit all wrong: The generation says its hard, not soft, skills they need to learn     With a pandemic that challenged soft skill development, an underinvested school system that failed to properly educate children on technical skills, and an overpriced college pipeline that doesn’t always lead to a career, Gen Z seems stuck between a rock and a hard place. Perhaps training them on their hard skills will help them dig their way out of their predicament. Work Catholic and C of E primary schools in England 'take fewer Send pupils'     "It's more evidence that faith schools are failing to serve our diverse communities in the 21st century. Religious agendas must no longer be prioritised above the education and welfare of our most vulnerable children," Evans said. Work Sam Bankman-Fried opposes Ukraine FTX victim testifying remotely, lawyers tell trial judge     Bankman-Fried has been awaiting his trial, which is due to begin in just a few days, in a New York jail after a judge revoked his bail over alleged witness tampering. According to a court calendar, the trial will last until Nov. 9. Work The judge poised to disrupt Trump’s collection of skyscrapers was once a cabbie     © 2023 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions. Work Small farmers are up against California’s $1.1B carrot industry in a vicious fight over groundwater     © 2023 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions. Work Half of UK firms open offices outside city centres, study claims     “It’s encouraging to see that businesses are translating their hybrid working savings into real benefits for employees,” said Dixon. “Not only does this help in the immediate term, with improved productivity and wellbeing, but it will also help them retain and recruit the best talent.” Work Biden says there's 'not much time' to keep aid flowing to Ukraine and Congress must 'stop the games'     The U.S. has approved four rounds of aid to Ukraine in response to Russia\'s invasion, totaling about $113 billion, with some of that money going toward replenishment of U.S. military equipment that was sent to the front lines. In August, Biden called on Congress to provide for an additional $24 billion. Work Kendall Jenner And Bad Bunny Seemingly Go Instagram Official In New Gucci Ad     By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy. Work Oprah Winfrey Recalls Feeling Mistreated While Out Shopping When She Weighed Over 200 Lbs.     By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy. Work Rep. Dean Phillips To Step Down From Leadership Role Amid 2024 Rumors     By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy. Work 68-year-old has spent 50 years at the same company as an engineer, even without a college degree—this is his one regret     Want to earn more and land your dream job? Join the free CNBC Make It: Your Money virtual event on Oct. 17 at 1 p.m. ET to learn how to level up your interview and negotiating skills, build your ideal career, boost your income and grow your wealth. Register for free today. Work Bill Ackman reportedly said he would 'absolutely' do a deal with X with his new SPARC funding vehicle     While Ackman uses X regularly and told the Journal he would embrace using his newly formed investment vehicle to merge with X, the implications of being a public company make it unlikely that X would actually pursue the deal, according to Alan D. Jagolinzer, a professor of financial accounting at the University of Cambridge Judge Business School. Work Little sign of Tory unity as factions jostle on first day of conference     “I don’t think that the Tory party in the country or in parliament would tolerate that sort of self-indulgence at a time we need for our country and our party to win the next election.” Work Goldman Sachs names 6 global stocks to play the energy transition — giving one over 90% upside     Work They Ran for a Better Life, Straight Into a Wildfire     The last thing he had to do was give a copy of his passport to the local fire department. In the small office of a lieutenant fire colonel, Dimitris Lykidis, a middle-aged, heavyset man with blackened hands, Qusai clasped his phone quietly. Work Russia-Ukraine war at a glance: what we know on day 586 of the invasion     An International Monetary Fund team is to kick off meetings in Ukraine to discuss policy goals and challenges with government officials. Ukraine’s economy has suffered since Russia invaded in February 2022, with Kyiv relying heavily on western aid to finance social and humanitarian payments. Last week, the IMF said it had begun its second review of a $15.6bn multi-year loan program for the country. The four-year program for Kyiv is part of a $115bn global package to support the country’s economy during the war. Work Rep. Matt Gaetz Says He Plans To Oust House Speaker Kevin McCarthy     By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy. Work Nikki Haley Says Trump’s Campaign Sent Her A Birdcage     By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy. Work Why are university degrees in Australia getting more expensive, and how much will they cost?     “It reduced overall funding to teach engineering and science by around 16% or $4,800 per student place … Funding shortfalls in those courses are hard to absorb and have a significant impact on other priorities.” Work International Longshore and Warehouse US dockworkers union files for bankruptcy     The ILWU, which has over 4,000 members across United States and Canada, said it will file customary \"First Day\" motions with the court to maintain its cash management system as part of its reorganization process.