Essay about achieving success and virtual teams - 1109 Words

Case Analysis - 3 Achieving Success in Virtual Teams Overview: In todays competitive world, companies are gradually vacating their cubicles and enter into the virtual workforce to increase work efficiency, reduce cost and resolve organizational problems (Ahmed Ebrahim, 2009). Nowadays, companies are investing a bulk amount of money on virtual teams to enhance their performance since it has become an indispensable prerequisite for companies to stay in competitive in the era of globalization (Ahmed Ebrahim, 2009). Virtual teams consist of members from different cultural backgrounds who work in various organizations with different set of standards and members of the virtual teams have the least probability to meet in person†¦show more content†¦348). Virtual team members have to be more self- motivated and disciplined in their assigned work and they must be proficient in using variety of tech tools in order to accomplish their task (Settle-Murphy, 2009). Likewise, Virtual team members have to have the ability to manage their t ime effectively and those who can understand that how much time they need to get their task done are usually far more productive which in turns contribute to the success of virtual team. Moreover, communication effectiveness and stimulating work are the two vital features of actuating the success or failure of virtual teams; for instance, team members should know what to communicate, how and when and the whole communication process should be concise and lucid to avoid any misinterpretation (Nelson Quick, 2013, p. 348). In contrast, the failure of virtual teams relies on several things wherein people play a major part in the context of virtual arena; for example, a consulting service company; NetAge reveals the fact that the percentage of having failure of virtual teams is around 90% of people (Nelson Quick, 2013, p. 348). Vagueness in communication might lead to the failure of virtual teams; for instance, if the message is unclear and tough to comprehend then it would hamper the work procedure andShow MoreRelatedA Review On Virtual Team948 Words   |  4 PagesOF â€Å"VIRTUAL TEAM† AJAYI IBITOLA TOMISIN Griffith School of Engineering, Griffith University, Gold Coast, QLD4222, Australia This paper presents a review of virtual team. It defines the virtual team, present opportunities in virtual team, discusses its managerial and technological issues, lists the advantages disadvantages of virtual teams and recommends for the future. 1. Introduction 1.1. Overview of virtual team A virtual team whether across the street or across the world is a team whoseRead MoreManaging Time Effectively1205 Words   |  5 Pagesnot play a major part in your daily duties. It is also important for managers and employees to go through the decision making process before making an imperative decision. This will help to eliminate barriersthat are set up for failure. Teamwork and team building skills also play a major part in the workplace. Everyone should realize that there is a common goal for which each individual has a shared responsibility.` ` Effective time management is a systematicprocess that takes determinationRead MoreVirtual Teams1070 Words   |  5 PagesVirtual Teams in Action: Building the F-35 Fighter Case Study 1 By: Alyssa Dimeck MGT 404 10/09/2011 Professor Samuel Palmeri Virtual Teams in Action: Building the F-35 Fighter CASE SUMMARY The U.S. Department of Defense is known for their F-35 Lighting II Program; the focal point for defining affordable next generation stealth fighter aircraft. In 2002, the Department of Defense announced Lockheed Martin Aeronautic as the designer and builder of the fighter with Northrop Grumman andRead MorePros And Cons Of Virtual Teams1496 Words   |  6 PagesFinal Research Paper: The Pros and Cons of Virtual Teams A History in the Making From its very inception, the Internet was intended to create a means for a secure, reliable communication network, with the strategy to connect people with data. Information that once stood evanescent and restrictive by one’s personal radius of influence, flourished into an evergreen and ever-spanning wealth of information. Alan Evans, Kendall Martin, and Mary Anne Poatsy, co-authors of Technology in Action (2016) state:Read MoreTeam Work and Its Importance of Achieving Organizational Goal839 Words   |  4 PagesTEAM WORK Teamwork is defined as a joint action by a group of people†, in which each person subordinates his or her individual interests and opinions to the unity and efficiency of the group. Teamwork is the act of working together and putting in joint efforts to achieve a common goal or mission. Importance of team work in achieving organizational goal 1. Team work makes you perform better and produce better result. In a team every member is responsible for success. It is a combination of strengthsRead MoreImportant Components Of A Virtual Team Performance Essay1191 Words   |  5 PagesOne of the most important components in any type of team is communication. Excellent communication between the team members is important to achieve the team goals. Talking about achieving goals of the team, it is central to have shared team goals. Also, mutual respect and trust among the team members are main components of the team as well. There are five identified components of a virtual team. â€Å"There differentiators- commitment and engagement, shared processes for decision making, information flowRead MoreTypes of Teams in Contemporary Organizations976 Words   |  4 PagesIntroduction We can define team as a group of individuals who are working together (not necessarily present physically at a common place) to achieve a common goal and thereby benefits for an organization through collaborative decision making. The successful team cannot be established until they have clear vision (Lewis, 2006) . According to Hackman following are the characteristics of a team: 1. Characteristics. 2. Shared goal. 3. Interdependence among members. 4. Identifiable membership. Read MoreManaging a Global Virtual Team1738 Words   |  7 PagesManaging a Global Virtual Team Introduction A virtual team is a group of employees who are working with each other but they are based in different countries or locations, the members of the virtual team are working with the aim of completing a common goal ADDIN EN.CITE Hinds200359(Hinds Bailey, 2003)595917Hinds, Pamela J.Bailey, Diane E.Out of Sight, Out of Sync: Understanding Conflict in Distributed TeamsOrganization ScienceOrganization Science615-6321462003INFORMS10477039http://www.jstor.org/stable/4135124(Read MoreThe Los Angeles Facility For Disaster Recovery1542 Words   |  7 Pagesof solving the problem to achieve organization success. This overriding critical IT issue facing the Fox Television network and cable affiliates is disaster recovery. The result of a natural disaster may halt network operations, which will result in a revenue shortfall for outage duration. The expansion of the problem statement is centered primarily in a few levels of the company’s organization, including, individual, traditional a nd virtual teams, department, and organization. The requirementsRead MoreSharing Of Knowledge Management Systems1194 Words   |  5 PagesTheir IT infrastructure includes KnowledgeNet (2001), their first knowledge repository. They launched Connected Minds in 2014 that supports virtual community meetings through blogs, bookmarks and document uploads. Open Mind (2005) allows for collaboratively working on software development and ProjectSpace, a system that enables collaboration for project teams. Nevertheless, in this age of complex social networks and technology, challenges are inevitable. For Mindtree, a possible drawback with CoPs