Advice regarding the formation of virtual teams

Running head: MANAGEMENT COMMUNICATION
MANAGEMENT COMMUNICATION
Student’s Name
University Name
Author’s Note

2MANAGEMENT COMMUNICATION
To: Managing Director, XYZ
From:
CC:
Date: 08th January 2019
Subject: Advice regarding the formation of virtual teams
The new age Trend puts forward that virtual teams are being created by more and
more organisations. Just like any other workless innovation researchers are scrutinizing the
advantages and disadvantages of virtual work stations and work groups also. However
currently it is recommended that considering the advantages that comes with the formation of
a virtual work team XYZ company which is a Start-up in the domain with their working,
might consider the formation of virtual teams. Shanghai, Los Angeles, Bangalore as well as
Melbourne are important it hubs where technological advancement is enough for supporting
all facilities that is required for the working of virtual work groups. In this context it is
essential to discuss the advantages that XYZ Company might enjoy if they decide to work
with a virtual work group. The most visible advantage that they would enjoy is huge amount
of cost savings. Alongside saving the real estate costs, gas, water and electricity along with
their travelling cost of Executive and also of the employees on some instances. Many start-up
organisations who are unable to cope up with these expenses, are often compelled to
outsource their operations two regions where they need to pay comparatively lower cost for
these facilities. However in doing so they compromise with the clientele as well as other
business advantages that they could have enjoyed comma operating in their previous location.
This is one major benefit of virtual groups which can operate from the supreme locations as
deemed important by the organisation (Benefield, Shen and Leavitt 2016). They need not
keep their agency confined to an accurate location. Rather they can explore the benefits