Virtual Team Setup

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The thesis basically addresses Virtual Team Setup and considers fundamental management dynamics as assessable parameters. The drive to conduct the research is in the backdrop of globalization and hence utilizing distributed talent through 'Virtualization Technology'. The journal concludes the results which indicate positive and mixed interpretations in favor of virtual teams.

The first part of the journal addresses very specific area of 'Software Engineering' and the second part is about Virtual Team Setup as a general and evolving management model. I am considering the second part of my inference for further and future implications.

In the future, the Virtual Teams are inseparable entities of modern global organizations. Today, it is clearly visible that global economy is based on two major sectors - Manufacturing (including Information Technology product) and Services. Manufacturing which involves products, invariably have product life and hence tend to get saturated due to changing requirements or technological breakthrough. Whatever may be the reasons, for a whole life cycle of the product, the support and service is a must and this is where the virtual teams play a great role. There is a need to analyze and create highly standardized guidelines to protect the rights of members of virtual teams who work on international boundaries and responsibilities of the hiring organizations. This will help in setting virtual teams quickly and effectively.

SUPPORT
Tech-History:
In early days of digital electronic technology, Intel introduced the first microprocessor which changed the very face of business. The hardware which needed supporting software for business applications opened the doors of collaboration. Thus a virtual colla...

... middle of paper ...

... past employers, and they take care of all the financial and legal aspects of contracting engagements, freeing up prospective employers to just hire and go (Loyal Mealer, March 20th, 2009). Fetching right talent for a specific task is the key for the success of the team. In this aspect oDesk built a system to evaluate registered talent on the basis of ratings given by the previous contractors and on their experience and success (Loyal Mealer, March 20th, 2009).

CONCLUSION

Simulated 'Virtual Reality Conference Rooms' with 3D holographic technology and (or) 'Augmented Video Streaming Technologies' which may facilitate Virtual Teams more realistic and practical.

In future, I strongly believe that, highly qualified individuals with specific functional expertise will team-up as "Virtual Team Entities" and available to the organizations simply as " Talent Service".

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