Lateral steering groups
Many organizations prefer to use lateral committees in their coordination. Several experts make up the steering groups. The primary function of these steering groups is overseeing projects of research to ensure that they follow protocol and also offering advice when necessary as well as troubleshooting problems. These committees are used as advisory bodies made of the senior advisors in projects whose primary role in guiding on issues facing companies such as the making of the company policies, strategies of marketing, the budget, and also concerns of project management. At the department level, the groups are obligated to selecting projects, defining them, and even controlling them (Karimi, Bhattacherjee, Gupta, & Somers, 2014).
A steering committee has a significant role to play in the management of projects. There are various challenges and pitfalls that one is likely to face when using the lateral steering groups in control. One of the main problems is handling different personalities and personal interests. As people are selected from various levels of management, there are conflicts in figures that can emerge among the members of the steering group chosen. For instance, the senior leadership can assume the role of active decision making over other managers at mid-levels, creating a conflict between the managers and tension in their conflicting interests. Another main challenge of using the lateral steering groups is the increased number of meetings. Suing this design of management would require the members to meet often to discuss matters such as the project budget, the different scopes, or changes possible to make on the project. This can be time-consuming, which takes away more time, which could be used in the actual project. this ca also slow down the process of making decisions as meetings are required every time decisions are made (Mohrman, Mohrman, & Lawler, 2012)
Resource utilization in a transnational firm can use lateral steering leadership. Managing resources effectively is essential for company tasks as it helps I efficient organization and allocation of resources ad equipment to different resources. A human resource manager would be necessary from the home country of the company to oversee operations. I would hire a local human resource manager from the host country to help in managing the employees. The committee would also include budget experts to ensure the proper allocation of resources. The committee lastly, for the transnational firm, needs employees from both the host country and the home country to represent them in the committee (Karimi, Bhattacherjee, Gupta, & Somers, 2014).