Benefits of Creating a Virtual Team at XYZ Company
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Added on 2023/05/30
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This presentation discusses the benefits of creating a virtual team at XYZ Company, including increased innovation, reduced costs, and a cross-cultural working environment. It also suggests strategies for implementing a virtual team and references a study on virtual reunification.
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Title: Virtual Team at XYZ Company? Assignment Name: Student Name: Course Name and Number: Professor: Date:
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Introduction A virtual team is a team that works towards the same goals, but the team members are geographically isolated as they are a set of individuals that work with the effective utilization of the information technology. The organization XYZ Company should create a virtual team with members based in Melbourne, Los Angeles, Bangalore, and Shanghai as it will be very beneficial for theorganization.
Persuasive Argument A virtual team is an effective approach as it increases the level of innovation in the business process and it reduces the cost of setting up the offices at various locations and also it helps in planning business where the labor wages are less. The virtual team is a strategy that has high potential as the team that is formed, consists of the best professionals from various geographical lands and this helps in building a cross- cultural working environment, which is another approach that is necessary to implement in an organization due to its high success rate (Punzalan, 2014).
Conclusion Thus, from all the different positives that have been stated, this can be formulated that the organization XYZ Company should create a virtual team and should think of an effective plan by utilizing the technology to deal with the different time zones issue.
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References Punzalan,R.(2014).Barriersand Challenges to Virtual Reunification. ProceedingsoftheAmerican Society for Information Science and Technology, 51(1), pp.1-8.