Strategies to make virtual teams more successful, Knowledge Management and Factors that affect the decisions to buy

Management Information
System concepts

1
Strategies to make virtual teams more successful
In order to make virtual teams effective there are certain set of strategies. Some of them are:
 Virtual chat software: For making the team successful, it is critical that virtual teams
utilise virtual chat software so as to discuss everything, conduct regular meetings. For
example email is an effective tool for this.
 Avoiding communication overloading: Since the members of the virtual teams stays
at far distances hence sometimes too many messages is sent to each other. It is critical
that virtual teams ensure that there is communication overloading (DeRosa, 2018).
 Set up collaborative tools: With the help of project management software virtual
teams can focus on specific set of tasks and break bigger projects into smaller task.
This will help everyone to work as a team. In order to share common set of resources
the use of productivity suites and file sharing services like Microsoft Office 365,
Dropbox and Google Drive can be used.
 Establishing standardised work processes: Without standards systems being used
virtual team can fail. Virtual team must have standardised approach to share
information, solve problems and hence make decisions (Maynard, Mathieu, Rapp &
Gilson, 2012).
 Measure performance: It is critical that performance of the team is measured
appropriately. Scheduling and working independently can improve the way in which
organisations work. Use of project management software can track the performance of
each individual within the team.
 Be flexible: Virtual teams can be successful once leaders and organisations become
successful. This is because members of the virtual teams can be present in very
different work environment hence giving them flexibility in their work is essential.
 Remember the big picture: Communicating goals and highlighting the achievements
to portray the big picture is essential. It is critical to become task specific but also
ensure that all the members of the team supports one another.
Knowledge Management
Knowledge management is understood as a process of generating, sharing, utilising and
managing the knowledge and information of a firm. It is a multidisciplinary approach to
achieve organisational objectives by utilising knowledge in a best possible manner. KM
includes areas such as information systems, library, information sciences, management, and