MNG81001 Management Communication: Virtual Team Implementation at XYZ
VerifiedAdded on 2023/06/09
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Report
AI Summary
This report analyzes the implementation of a virtual team within XYZ Company, addressing its potential benefits and challenges. It highlights the advantages such as cost savings, access to skilled employees from different global branches, and increased employee focus. The report also acknowledges potential issues including communication problems due to time zone differences, cultural conflicts, and technology costs. To mitigate these challenges, the report suggests strategies like scheduling meetings that accommodate all team members, providing cultural sensitivity training, and fostering informal communication to build trust. The report concludes that while there are initial costs associated with virtual team technology, the overall cost savings and increased productivity make it a worthwhile investment for XYZ Company, enhancing its performance and revenue.
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