Mastering Virtual Teams
Strategies, Tools, and Techniques That Succeed
Chapter One
CRITICAL SUCCESS FACTORS
FOR VIRTUAL TEAMS
In today's business environment, organizations must adapt quickly or die. Gaining
competitive advantage in a global environment means continually reshaping the
organization to maximize strengths, address threats, and increase speed. The use of
virtual teams has become a common way of doing this. The formation of virtual
teams allows organizations to draw talent quickly from different functions, locations,
and organizations. The goal is to leverage intellectual capital and apply it as quickly
as possible. The methods that organizations use to manage this process can mean the
difference between success and failure.
Consider the example of a team in a global consumer products firm. This product
development team, with members from around the world, had just completed the
development of a new product. When the team unveiled the product to the senior
staff of the organization, it included a description of the way the team worked. ... read full excerpt from Mastering Virtual Teams: Strategies, Tools, and Techniques That Succeed ebook
