The Benefits of Global Virtual Teams

2435 Words5 Pages
bulb-icon

Recommended: Virtual teams introduction

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...

... middle of paper ...

... and Performance in Global Virtual Teams. Journal of Management Information Systems 23.3 237-74.

Klitmøller, Anders, & Jakob Lauring. (2013). When Global Virtual Teams Share Knowledge: Media Richness, Cultural Difference and Language Commonality. Journal of World Business 48.3: 398-406.

Parssian, Amir. (2010) .Managing Free-ride in Global Virtual Teams: ARTICLES. Journal of Systems and Information Technology 12.4: 248-62.

Klitmøller, Anders, SCHNEIDER SUSAN C., & JONSEN KARSTEN. (2013). COMMON LANGUAGE DIFFERENCES IN GLOBAL VIRTUAL TEAMS:THE ROLE OF MEDIA AND SOCIAL CATEGORIZATION. Academy of Management Annual Meeting Proceedings

Golnaz, S & John, C.(2012).Managing the virtual world. Industrial Management

Heller, R . (2010). A COST-BENEFIT ANALYSIS OF FACE-TO-FACE AND VIRTUAL COMMUNICATION: OVERCOMING THE CHALLENGES. Graduate Research Assistant for CAHRS

Show More
Related

  • Managing a Global Team: Greg James at Sun Microsystems, Inc.

    1279 Words  | 3 Pages

    Zellmer-Bruhn, M., & Gibson, C. (2006). Multinational Organization Context: Implications for Team Learning and Performance. The Academy of Management Journal , 49 (3), 501 - 518.

    Read More

  • Advantages And Negatives Of Virtual Team Building

    1085 Words  | 3 Pages

    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

    Read More

  • Challenges of Virtual Teams

    1098 Words  | 3 Pages

    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.

    Read More

  • Communication and the Virtual Team

    1155 Words  | 3 Pages

    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.

    Read More

  • Benefits And Disadvantages Of Virtual Teams

    867 Words  | 2 Pages

    “Human beings have always functioned in face-to-face groups. While the use of teams is on the rise the Wall Street Journal reports that two-thirds of American companies employ them – the face to face aspect of normal working relationships is changing. Electronic communication and digital technologies give people a historically unprecedented ability to work together at a distance.” (Lipnack, J., & Stamps, J., 1997).

    Read More

  • Virtual Organizations

    1352 Words  | 3 Pages

    Virtual corporations have some major characteristics (Judith, 2002, quoted in Byrne. n.d.) as following state: technology, excellence, opportunism, trust and no borders. Technology makes distance no longer a problem while entrepreneurs or companies far away from, due to the computer networks link people all over the world. Excellence was showed by each partner bringing its core competencies to the corporation, which can exert all advantages. Companies make alliances for specific market opportunity and this is a more efficiency work way than any others. Members in a virtual organization must trust their partners due to they meet the need by cooperating. The new communication ways were brought by computer networks, which blur the traditional hierarchies and boundaries.

    Read More

  • Virtual Teams

    1266 Words  | 3 Pages

    By providing the training of a greater role clarity of effective communication strategies, I am positive that the benefits of having a virtual team will outweigh the disadvantages mentioned. Every team member would be set up with a company email, rather than a generic Yahoo or Gmail account, so that the communication can stay strictly business with no interference of outside sources. This feature is very low on cost but highly secured for the organization. All emails would be subject to monitoring. In order to maintain a respectable virtual working environment for everyone, all individuals will have to go through a mandatory 2-day diversity seminar course in a centralized location.

    Read More

  • The Purpose of Teamwork in Business

    672 Words  | 2 Pages

    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.

    Read More

  • Advantages And Disadvantages Of Multicultural Teams

    1416 Words  | 3 Pages

    A well-managed bi-cultural team is proven to be a success because when people from different backgrounds bring their own unique cultural experiences to the situations they face in their companies and this broader perspective of viewpoints tends to allow for a better ultimate resolution, however if those teams are not managed properly, and if the size of those teams are not managed, and the individuals are not catered to, the cons may outweigh the

    Read More

  • The Importance of Group Work in Today's Organizations

    1591 Words  | 4 Pages

    Videoconferencing in Virtual Teams, The Business Review, 7(1) p.164-170.

    Read More

  • Intercultural Communication Through The Internet

    1125 Words  | 3 Pages

    The rapid development and spread of electronic communication technologies is quickly making the world a smaller place. The economies of various nations become more merged through the globalization and people using these technologies increasingly find themselves interacting with a larger international audience. However, this audience has different expectations for how it evaluates and interprets information. For this reason, companies need to become aware of intercultural communication through the internet with its opportunities and advantages of global communication. Communication through the internet could cause miscommunication in international online interactions. For this reason, trainings should be used to provide strategies for avoiding these problems.

    Read More

  • Does Technology Yield More Harm Or More Good In Our Lives?

    1537 Words  | 4 Pages

    Anonymous (1998, June 23). Keeping in Touch With Americans: New Survey on Attitudes About Messaging Technologies Finds More Hope Than Hype About 'Overload' Problem. Business Wire, p. PG.

    Read More

  • Globalization Means Communication with Different Countries

    798 Words  | 2 Pages

    ​Communication is the key to organization for these companies and leaders depend largely on its effectiveness. In one study of cross cultural communication, managers were asked to think of seven problems before the meeting to make the communication effective (Barriers of Cross Cultural Communication in Multinational Firms). But, how do people understand each other when they do not share the same culture? To answer this question we must first understand cross cultural management. This type of management focuses on the behavior of people working together as a group ...

    Read More

  • Globalization and Technology

    1460 Words  | 3 Pages

    Advances in technology have changed businesses dramatically, in particular the communication and information technology that are conducted in firms, which changed the appearance and pace of businesses over the past few decades. ICT in particular, has evolved a lot over the past 30 years; important information can be stored in computers rather than being in drawers enabling information to be transferred at a greater volume and speed (Guy, 2009). ICT has also expanded various forms of telecommunications and workload conducted in businesses, internet examples of this include: e-mails can be used to communicate with others...

    Read More

  • Difference Between Virtual Interaction And Face To Face Interaction

    916 Words  | 2 Pages

    -Virtual communication allows an individual to communicate despite engagement in other schedules hence this can well be practiced by employees and their Employers.

    Read More

More about The Benefits of Global Virtual Teams

Open Document