Importance of Virtual Team in R&D Industry
Added on 2023-04-23
8 Pages1551 Words268 Views
Leadership ManagementDesign and Creativity
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CASE STUDY ON: IMPORTANCE OF VIRTUAL TEAM IN R&D INDUSTRY
CASE STUDY ON: IMPORTANCE OF VIRTUAL TEAM IN R&D
INDUSTRY
Name of the Student:
Name of the University:
Author Note:
CASE STUDY ON: IMPORTANCE OF VIRTUAL TEAM IN R&D
INDUSTRY
Name of the Student:
Name of the University:
Author Note:
![Importance of Virtual Team in R&D Industry_1](/_next/image/?url=https%3A%2F%2Fdesklib.com%2Fmedia%2Fimages%2Fbw%2Fce4ab1e4812643f7b162117e6dccdb26.jpg&w=3840&q=10)
2DiscussionDiscussion
Introduction
In the modern digitalized era of evolution and innovation of science and technology,
organizations are required to build more effectively and efficiently through the eminent usage of
Research and Development procedures. It is a necessity for the company to combine capabilities
and facilities to the achievement of desired goal. In the present R&D industries, the influence
and emergence of virtual teams has been noticed to create an alternative to traditional working
process.
Moreover, the following study aims to provide deep insights on background of virtual
teams in R&D, how virtual teams possesses certain issues during development of new products,
how it influences innovation and has future usage benefits. The paper finally concludes to a
deployment of appropriate strategy to produce profit according to the concerned environmental
circumstance.
Discussion
Background
According to Walvoord et al. (2015), the growing reputation of virtual team are evidently
observed in innumerable organizations. According to a jounal by Martins et al. (2014), he
concludes that the rare exceptions of all organizational teams are held virtual to some extents.
The working process of virtual teams are bounded across space and time by appropriate
utilization of computer-driven technologies. The term offers a wide variety of forms and
activities in a technology-supported working environment (Anderson et al., 2017). The influence
of the teams are popularly known in the field of research and development sectors. The
Introduction
In the modern digitalized era of evolution and innovation of science and technology,
organizations are required to build more effectively and efficiently through the eminent usage of
Research and Development procedures. It is a necessity for the company to combine capabilities
and facilities to the achievement of desired goal. In the present R&D industries, the influence
and emergence of virtual teams has been noticed to create an alternative to traditional working
process.
Moreover, the following study aims to provide deep insights on background of virtual
teams in R&D, how virtual teams possesses certain issues during development of new products,
how it influences innovation and has future usage benefits. The paper finally concludes to a
deployment of appropriate strategy to produce profit according to the concerned environmental
circumstance.
Discussion
Background
According to Walvoord et al. (2015), the growing reputation of virtual team are evidently
observed in innumerable organizations. According to a jounal by Martins et al. (2014), he
concludes that the rare exceptions of all organizational teams are held virtual to some extents.
The working process of virtual teams are bounded across space and time by appropriate
utilization of computer-driven technologies. The term offers a wide variety of forms and
activities in a technology-supported working environment (Anderson et al., 2017). The influence
of the teams are popularly known in the field of research and development sectors. The
![Importance of Virtual Team in R&D Industry_2](/_next/image/?url=https%3A%2F%2Fdesklib.com%2Fmedia%2Fimages%2Fia%2Fe55b8be2d65f4fc89d0aea3b903adb3b.jpg&w=3840&q=10)
3DiscussionDiscussion
importance of virtual team in overcoming temporal and geographical separations have been
observed to be working in many different fields around the world (Cascio and Shurygailo, 2013).
Current Issues
While, virtual teams produces an efficient way of development of new products in an
organization, it also initiates certain mentionable issues that are detected to occur during
continuous implementation in the R&D industry. Some of them are-
Lack of physical interaction and communication
Reinforcement in a much structured and formal way
Project management is challenging due to the distance between team individuals and their
language and cultural dissimilarities. Thought-process and trust issues are also included.
The exchange of knowledge and tactics are also a concerning factor.
Working exclusively in a specific location, rather than in a workplace has issues to
deflection of opportunities by the individuals. Necessary judgements should be evaluated
for selection of team members.
At times, some products require complex technological applications that may sometimes
seem to become a challenge of determining the appropriate task for an individual.
Innovation
The complex structure of organizational innovation, productivity and labor in the
industries of R&D has been extensively explored in many recent studies (Mote, 2015). New
product development is a crucial part where dynamic customer requirements increases
complexity of product design and technologies. However, the innovation of a project remains
unsuccessful unless the information and knowledge are successfully shared, abducted and
importance of virtual team in overcoming temporal and geographical separations have been
observed to be working in many different fields around the world (Cascio and Shurygailo, 2013).
Current Issues
While, virtual teams produces an efficient way of development of new products in an
organization, it also initiates certain mentionable issues that are detected to occur during
continuous implementation in the R&D industry. Some of them are-
Lack of physical interaction and communication
Reinforcement in a much structured and formal way
Project management is challenging due to the distance between team individuals and their
language and cultural dissimilarities. Thought-process and trust issues are also included.
The exchange of knowledge and tactics are also a concerning factor.
Working exclusively in a specific location, rather than in a workplace has issues to
deflection of opportunities by the individuals. Necessary judgements should be evaluated
for selection of team members.
At times, some products require complex technological applications that may sometimes
seem to become a challenge of determining the appropriate task for an individual.
Innovation
The complex structure of organizational innovation, productivity and labor in the
industries of R&D has been extensively explored in many recent studies (Mote, 2015). New
product development is a crucial part where dynamic customer requirements increases
complexity of product design and technologies. However, the innovation of a project remains
unsuccessful unless the information and knowledge are successfully shared, abducted and
![Importance of Virtual Team in R&D Industry_3](/_next/image/?url=https%3A%2F%2Fdesklib.com%2Fmedia%2Fimages%2Fvy%2Fed3074f422a84ae7960c4e4477cf80e7.jpg&w=3840&q=10)
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