Category: Virtual Team Management
Virtual management is a field which is designed to make a distinction when it comes to the responsibilities a project manager has, which is often separate from the production site. Virtual management is a critical area for virtual teams, and the reason for this is because it allows the managers to focus on the needs of an economy which is service based. In such an economy the relationship between a product and a commodity may no longer provide a solid competitive advantage which can be sustained, and this can be due either to international competition or related issues.
A virtual team will typically be one that is decentralized in a spatial way. It will have employees, customers, and even managers who may be dispersed over a wide region. Some of these organizations may be dispersed for only short periods of time, but when they are dispersed, this occurs within multiple time zones. Virtual teams are also heavily tied to technology, and it is the most cutting edge technology which has led to the advent of groups which are interconnected globally. Virtual management gives employees the option of traveling to their place of work if they wish, or working from a remote locations. This provides the corporations with a very high level of efficiency.