INTRODUCTION ◦The scope of marketing department have increased manifolds in the globalised enterprises ◦The global expansion have challenges to manage a dispersed team and maintaining coordination between them ◦The cost of having a physical space in foreign land is a costly affair ◦Virtual marketing teams enables organisation to reap the benefit of having a local presence, and yet have the same or increased efficiency of a traditional face-to-face centralised office.
FLEXIBILITY ◦Employees can work from any location ◦Local business associates and clients expectto have a local base so that they are able to interact with them ◦Do not have any time bound, and have the flexibility of working as per the need of the hour ◦Virtual marketing team will ensure that the work is done smoothly, without the interruption in time zone
DIVERSE WORKFORCE ◦Important to hire people who will understand the local culture and customs ◦a significant factor in cross-cultural negotiations ◦virtual team comprising of local workforce will reap the benefit of staying local but thinking global ◦help in fostering diverse talents in the organisation ◦head office makes little effort and expense in training employees in cultural differences between the two countries
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OPPOSITION TO VIRTUAL TEAMS ◦Opponents of virtual teams opines that the virtual teams are detrimental to organisational culture ◦Lack of supervision decreases the efficiency level ◦Stanford professor Nicholas Bloom researched that people telecommuting have better concentration on their jobs ◦Video conferencing and virtual face-to-face meetings enables one to connect with people from distant places easily ◦Staying connected has helped to develop a sense of community and understanding among various teams
CONCLUSION ◦Virtual teams have the advantage over traditional face-to-face team ◦No expense of building or renting out a physical space in foreign countries ◦Virtual teams have the flexibility and autonomy to enjoy a work-life balance ◦Digital communication system enables virtual teams to collaborate and develop a trusting relationship
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