Management of Virtual Teams

This presentation discusses the concept of virtual teams, their benefits, challenges and effective management. It highlights the importance of defining work systems and standards, and having a strong communication system. The presentation also emphasizes the role of an effective leader in facilitating harmonious relationships within the team. The benefits of virtual teams include cost-effectiveness and leveraging talent from across the globe. However, poor management and leadership can lead to fragmented teams. Face-to-face meetings are preferred by most employees. Overall, virtual teams can be beneficial for the organization as a whole and lead it towards success.

MANAGEMENT OF VIRTUAL
TEAMS

INTRODUCTION
A virtual team refers to
a group of people in
different geographical
locations who
collaborate on a
common project or task.
The organization would
be setting up a virtual
team comprising
members from Sidney,
New York, Mumbai and
Beijing.

BENEFITS OF VIRTUAL TEAMS
Creating a virtual team
would be cost effective
and a practical way of
conducting
international business.
It would also enable the
company to leverage
talent from across the
globe, thus enhancing
productivity (Klitmøller
and Lauring 2013).

MANAGING THE VIRTUAL TEAM
To manage the virtual
team, work systems and
standards will have to
be defined.
An effective leader, with
strong communication
skills, would be able to
facilitate harmonious
relationships within the
various teams (Gera et
al. 2013).

CHALLENGES OF VIRTUAL TEAMS
Poor management and
leadership can lead to
fragmented teams.
Without a strong
communication system,
virtual teams would be
lacking in cohesiveness.
Face to face meetings
would be preferred by
most employees
(Purvanova 2014).

CONCLUSION
•To conclude, it can
be said that though
there are some risks
associated with
virtual teams, it
could be beneficial
for the organization
as a whole and lead
it towards success.

REFERENCES:
Gera, S., Aneeshkumar, G., Fernandez, S.,
Gireeshkumar, G., Nze, I. and Eze, U., 2013. Virtual
teams versus face to face teams: A review of
literature. IOSR Journal of Business and
Management, vol. 11, no.2, pp.1-4.
Klitmøller, A. and Lauring, J., 2013. When global
virtual teams share knowledge: Media richness,
cultural difference and language commonality. Journal
of World Business, vol. 48, no.3, pp.398-406.
Purvanova, R.K., 2014. Face-to-face versus virtual
teams: What have we really learned?. The
Psychologist-Manager Journal, vol.17, no.1, p.2.

THANK
YOU!