Virtual Teams A Threat Of Globalization Of Business Essay

The use of virtual teams as a result of globalization of business is on the rise. However, several challenges have made virtual teams difficult to implement. Amongst such challenges are time differences between global locations, technological setbacks, data transmission and bandwidth, trust, number of meeting, and others. Coupled with real time discussions and actions, many global companies that addressed above challenges were successful in forming and implementing global virtual teams. Overall, the efficiencies measured in terms of quality and quantity increased as a result of the use of virtual teams within global organizations. INTRODUCTION With constant and rapid innovation in the IT domain, many global organizations are moving to virtual team structures in order to improve productivity and maintain synchronicity within their global structure. Many companies have had success in forming global virtual teams, though some have failed. As technology improves, there is a question of increasing effectiveness of virtual teams. It is currently accepted that virtual teams are typically less productive than traditional face to face teams. Global organizations span many time zones, and so temporal variances can play a large factor for teams whose members reside in time zones with substantial time differences. Bandwidth of communication can also be a hindrance for global organizations as well. Teams that need to share data remotely face problems when dealing with largeShow MoreRelatedThe Challenges of Globalization: Best Practices and the Correct Approach to Cross-Cultural Understanding and Cooperation1875 Words   |  7 Pagesï » ¿Globalization Introduction A great deal of research and reporting has gone into the emerging international movement known as globalization and the business ramifications of globalization has been reviewed and analyzed as the main focus of globalization. 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