The definition of team is evolving. It is now normal to see people from different countries collaborating. However, a growing number of companies are implementing virtual teams. So you may have heard the term but does this fit your business model?
Do you know what's a common business misconception? That productivity is a result of being in close proximity. But companies now realize that productivity is better measured by employee quality. So if a team has individuals motivated by personal achievement? Then, they are now invested in their work. But what about people who just want to avoid being reprimanded? Well, they probably aren't invested and won't push themselves. Virtual teams are often made of the former. Because of this, they are powerhouses.
In many businesses, virtual teams are not feasible. But, some tasks require physical presence. However, many businesses are embracing this reorganization. So, consider virtual teams as a strategy. Lastly, here are some advantages and disadvantages to consider.
Advantages
- Recruitment based on expertise
- Team members are more efficient
- Teams consist of self-motived and driven members.
- More accommodation for team’s personal lives
- No commuting time or cost
- No physical location means reduced overhead
- Lower equipment costs as most teams use web-based tools
- Managers can better evaluate the team’s overall performance because there are less social pressures
Disadvantages
- Less social interaction demotivates some employees.
- Loss of trust between team members.
- Loss of physical dynamics may decrease creativity.
- Team members may overwork themselves as managers can't see the time each task takes.
- Managers may lose track of the team’s progress, i.e. out of site out of mind
Virtual teams make use of a selection of tech to interface. These include email, audio and video conferencing, and file sharing programs. So, below is a list of a few great programs.
- Go to meetings – an economical option to have remote meetings
- Yammer – a exclusive social network for businesses that makes it possible for quick communication and interaction
- Drop Box – a free way to share files
- Second Life – allows for interactive meetings with the use of avatars
If you would like more information on virtual teams in action, check out the articles below:
http://www.theanywhereoffice.com/mobile-work/telework-viritual-teams-midmarket-companies.htm
http://www.forbes.com/2010/08/19/virtual-teams-meetings-leadership-managing-cooperation.html
http://www.openforum.com/articles/7-effective-tools-for-managing-a-virtual-team
