Table of Contents
EXECUTIVE SUMMARY…………………………………………………………………...3
1.0 INTRODUCTION………………………………..……………………………………….4
2.0 DEFINITION OF Global Virtual Team………………………………………………….4
2.1factors influencing in GVT…………………………………………..........................4
2.2 Characteristics of Global Virtual Team…………………………………..................7
3.0 ADVANTAGES OF Global Virtual Team……………………………………………....7
4.0 DISADVANTAGES OF GVT...............................................................................….....8
5.0 ECONMOMIC: The issues associated with managing a Global Virtual team effectively..9
6.0 MANAGEMENT STRATEGIES....................................................................................9
6.1Effective solutions / strategies tousle in dealing with management problems……........9
7.0 Conclusion….................................................................................................................10
REFERENCES…..........................................................................................................11
EXECUTIVE SUMMARY
Today’s world is a world of new emerging technologies. Using these technologies we can get the help of any or should say answer to any question. If we are running a business successfully, then we can see a lot of challenges and opportunities which can be in public sector as well as private sector (Klitmøller & Jakob, 2013).
Virtual teams can be seen as a team which is geographically independent and they use computer supported technologies in order to communicate and they are free from space, time and organizational boundaries dependency. The members of a global virtual team can be located in different parts of the city, country or the world...
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... and Performance in Global Virtual Teams. Journal of Management Information Systems 23.3 237-74.
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... or face to face in the case of virtual and non-virtual teams, respectively, as well as quick response to conflicting issues (Shuffler et.al., 2010).
Teams benefit organizations by combining people who can achieve goals faster and more effectively through collaboration than can individuals working alone. These teams bring together individuals from different departments or functional areas in order to conduct their operations and address problems making the most efficient use of their resources. New technology allows employees in different geographic locations to collaborate with tools such as Google Docs, Skype a video-conferencing app, and or data networks that allow teamwork products and documents more effectively (Boundless, 2015).
Attaining results from a team consisting of members likely spread across vast distances is an increasingly difficult task without taking advantage of the necessary resources available for distance collaboration. Several factors are taken into consideration when building an effective team. Creating a team out of a group of people who come from a variety of backgrounds is not an easy task because group members must first learn how to collaborate as a team before they can even consider completing a project together. Teams have a clear purpose with defined roles for each of its participants. Collaboration with the use of technological resources comes into play when a team consists of members spread out geographically. Realizing the strengths of each team member as well as the resources that are available is essential to a team’s success.
The increasing number of knowledge intensive research and development companies have turned to virtual teams in the recent past in order for them to generate the greatest competitive advantage from limited resources and labor. The geographically distributed teams must communicate via technology, and this has grown in prevalence as compared to the traditional teams in which all members were collocated and communicate face to face. Thus many organizations turn to virtual teams to reduce operational costs, embracing faster problem solving and innovate.
Time delays in other parts of the world are also a challenge for a project manager working with a virtual team. When communication is compromised, trust between virtual team members is at risk. Virtual team members do not have the advantage of assessing other team member's body language or facial expressions. They can only infer meaning through word choice and tone, and this makes virtual communication much more challenging as well (Alexander, 2000). Face to face interactions have been proven to be more than twice as productive as videoconferencing so virtual team meetings have a definite disadvantage (McKinnon,
There is new technological territory that is changing how business does business. From the independent food trucks that tweet their current location to Starbucks that cross promotes on several social media sites.
Online learning is now a reality, with distributed learning and blended learning becoming more widely used in Higher Education (Whatley, 1999). Online learning has many advantages and disadvantages. Teamwork in online environments is becoming a widely used tool, whether it is in business or education. A team working together has more and better input than individuals working alone. This results in better ideas and decisions and higher quality output. Virtual teams are a good way to enable teamwork in situations where people are not sitting in the same physical office at the same time. The effective team-building requires the combination of clear team goals, empowerment, atmosphere of trust within the team, authentic participation of every member of team, innovative approach to work and ability to manage risks, proper leadership and ability to make the constructive changes.
Vas Taras, D. C. (2013, September 1). A Global Classroom? Evaluating the Effectiveness of Global Virtual Collaboration as a Teaching Tool in Management Education. Academy of Management Learning & Education, pp. 414-427.
Keogh, Jack. "International Teams: Beyond Cultural Difference." www.jackkeogh.com. Keogh and Associate Consulting, LLC, n.d. Web. 6 May 2012. http://www.jackkeogh.com/Multicultural team article by JK.pdf
Virtual teams are administrated essentially the by same fundamental values as traditional teams. Yet, there is one systematic difference. This difference is the way the team members communicate. As a substitute of using the full range and dynamics of in-office face-to-face exchange, they now rely on a repertoire of special communication networks facilitated by modern technologies, such as e-mails, faxes, phone calls, teleconferences, and virtual meetings as a result of the team being geographically dispersed. Moreover, this new type of team uses asynchronous technology to communicate amongst the team because of the teams perchance being in different time zones. The purpose of this paper is to show the positive and negative qualities of virtual
A virtual team is a group of people working interdependently via various types of electronic media across organizational and geographical boundaries for a shared purpose (D’Souza & Colarelli, 2010). Research indicates virtual teams are becoming increasingly popular in organizations across the United States and the world (D’Souza & Colarelli, 2010; Rusman, van Bruggen, Sloep, & Koper, 2010). These teams vary in size, degree of geographic dispersion, prior shared work experience, nature of assignment, and expectations of a common future (Rusman et al., 2010). Although virtual teams have potential advantages like the removal of physical boundaries, the ability to form new partnerships, and optimization of competencies (Chinowsky & Rojas, 2003), they also introduce many challenges that may not be as prevalent in traditional teams.
The methods of communicating for a virtual team consist of different tools than used by a traditional team because “…awareness of others’ activities is more difficult and requires some degree of technological intervention” (Fussell et.al., 1998, p. 276). A virtual team needs to use alternative tools because it has members working from different geographical areas and possibly at different times. A traditional team meets face to face, whereas a virtual team needs the use of technology to operate and interact efficiently. Teleconferencing, video conferencing, faxing, e-mail, and instant messaging are some of the tools available to a virtual team.
Lipnack, J., & Stamps, J. (1997). Virtual teams: Reaching across space, time, and organizations with technology (p. 262). New York, NY: Wiley.
There are four different types of teams. These teams are problem-solving teams, self-managed work teams, cross-functional teams, and virtual teams. Problem-solving teams work together to help find methods to improve the work environment or have suggestions to increase employee’s morale. Self-managed work teams organize the responsibilities of the employee’s such as assigning tasks to individuals, scheduling conflicts, and evaluate employee performances. Cross-functional teams are individuals whom all have experience in the same work field. The individuals come together as a team to incorporate their thoughts, designs, and new ideas to accomplish what the company needs to improve or create. Virtual teams are individuals that work together, but only by technology such as the internet, emails, or web cam.
Virtual teams – virtual team is one of the most popular teams in every organization because in virtual team the member are separated in different nation and use technologies to communicate to accomplish their goal on the time.