Overcoming the obstacles of virtual teams and accelerating team value through effective virtual leadership.
Organisations to succeed in today’s global economy have invested significantly in standardised business processes, information systems and consistent global customer service levels despite great distance and time differences. In such a globalised context, virtual teams, separated by distance, communicate and work successfully through computer mediated mediums in order to deliver increased profitability, shortened response times and lower cost deliverables.
Knowing how to develop and maintain high performing virtual teams is increasingly becoming a critical competitive advantage. Recent research however suggests that less than 30% of virtual teams are seen to be effective and successful thus presenting a challenge for businesses leaders of today and the future. How can virtual team leaders overcome the obstacles required to successfully lead virtual teams?