Leading and Managing Virtual Teams - Advantages, Disadvantages and Recommendations

LEADING AND MANAGING
VIRTUAL TEAMS

INTRODUCTION
• A global or virtual team can be considered as the most
important part of any business.
• Generally, a virtual team comprises a group of people,
who perform their activities together from different
geographic areas.
• Mostly, they rely on to the communication technologies,
like video conferencing, email, FAX or other services in
order to collaborate and communicate.
• In simpler terms, it refers to the working groups, who
perform or work together all across the levels of
organization, asynchronously.

ADVANTAGES
• Along with the advancement in information technology, the ever
growing demand of employee expectations, target customers, ever
increasing environment of competitiveness and globalization, the
organizations and global companies have started to adopt a virtual
team culture.
• The global and virtual teams have witnessed a rapid growth and
moreover, its popularity helped it in gaining huge benefits. Firstly,
the affordability factor comes into consideration.
• The organizations pay for the level of support they require for
setting the virtual teams up. The total expenses are lower than that
with professional support.
• In addition to this, there are least overhead expenses and associated
services such as computer, office space, communication among the
virtual teams, benefits and in-house staffs.