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Advantages Of A Virtual Team

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Quite simply, a team is by the Merriam-Webster’s Dictionary as a “group of individuals working together to achieve a common pre-defined goal.” Traditional teams consist of individuals working in physical proximity, the same office building or city. A virtual team refers to “a group of individuals who are geographically dispersed, but are united by a shared goal through the use if informational technologies.” (McShane, p. 208) A virtual team consists of talent across cities, provinces, cultures and time zones. Like all with all team structures there are advantages and disadvantages to working in a virtual team for both the individual and the organization. Advantages: Cost savings – The biggest advantage of a virtual team is the cost savings. Organizations can do away with huge amount of expenses for travel, office space, etc. It allows for problems or projects to be completed by a diverse group of individuals from across the company. By having team members that are chosen global a solution to a problem will take into account how it impacts the organization as a whole not just one geographical area. The same goes for the potential solutions they will be global not just region specific. Team Diversity - Virtual Teams allows organizations to look for talent beyond their country of origin. They can bring together experts and specialists from across the globe to work together on one specific project or have them work together continuously. By doing this there is an increase

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