HRMD 665- MANAGING VIRTUAL AND GLOBAL TEAMS Research Paper

HRMD 665- MANAGING VIRTUAL AND GLOBAL TEAMS - Research Paper Example The start of video conferencing has marked an era wherein the virtual environment has been created, resulting in the converging of ideas and viewpoints of business people present at different points across the globe. The formation of such virtual teams has resulted in revolutionizing key business decision making and communication, very simple and effective. Thus virtual teams are the teams that have been formed by the HR department of the organization, with an aim to achieve the goals of the organization. (Eric 2010) In the case of the Human Resource wing of the organization, the creation of such virtual teams which has got a global reach will make it very effective and this indeed plays a very significant role in the speedy development of the strategies and plans, which can be communicated within seconds. Thus the evolution and creation of the virtual teams has resulted in the speedy exchange of ideas, time saving, increase in the commitment of the team members and the improvement o f trust. (Levi 2007) Though before the development of the internet the virtual teams were considered impossible, today they have been considered as a solid reality. Thus when compared to the other face to face teams present in the organization, the virtual teams are very well considered by most of the industrial and business experts, as the one that can add more value to the existing teams and its structures. The traditional structures found in common business and industrial firms have been the lightweight, tiger and heavyweight teams. Hence for any organization to develop a very good virtual team, the HR department has to play a very important role and take much effort for the formation of a very successful team. (Duarte & Snyder 2006) For the virtual team to become very highly successful, the presence of good teamwork is a primary requirement. Hence for the virtual team’s success the main ingredients that has been formulated by the HR team is the creation of a very good cul ture as well as infrastructure, which imparts very easily understandable guide for the knowledge and development of skills. Thus when compared to the face to face teams, the virtual team is gathering a very speedy acceptance and application to most of the industries and the academic institutions worldwide. (Duarte & Snyder 2006) Most of the countries are becoming technologically advanced and this has led to the virtual teams to become much stronger and also to be considered as the best means of communication and decision making network due to which it has become a norm for the organizations all over the world. The HR of the modern day organizations, find it very easy and useful to recruit the team members of the virtual teams, which results in the successful and speedy selection of the best and the highly talented individuals across the globe and also the retention of such virtual teams and the team members for a longer period of time. (Konradt & Hoch 2007) The HR of such organizati ons also takes the utmost care to develop such individuals over a period of time, with an idea of turning them into assets for the organization. Since most all the team members present in the virtual teams can be contacted almost at the same time through the global network, instantaneous interaction and views can be exchanged between them, which show the universality of the virtual te