• Prepare And Submit A Document Summarizing Your Analysis – Ob Theory And Your Own Thinking – Hrm 742 Individual Assignment 2

1571 words - 7 pages

Debbie Kolchew
Individual Assignment #2
February 25, 2019
Identify and explain the advantages and disadvantages of virtual teams. Outline the factors required for virtual teams to be successful.
Advantages of Virtual Teams
Cost savings - The biggest advantage of virtual team enjoyed by an organization is the associated cost savings. The organization can do away with huge expenses on real estate, office spaces, utilities bills such as gas, electricity, water etc. and executives’ travel. Many organizations outsource their operations to the low-cost regions. Thus, production cost also decreases with the reduced raw material cost, operational costs and lower wages of the employees in these geographic locations.
Leverage Global Talent - Virtual Teams allows organizations to look for talent beyond their country of origin. This brings together the experts and specialists from across the globe to work together on the project. Increased knowledge sharing and greater innovation happens as organization’s human capital share their understanding of global and local markets as well as best business practices.
Increased Productivity & Higher Profits - Members of virtual teams tend to have higher focus on the task at hand. As a practice virtual team supports flatter organization structure. The members do not have to deal with unnecessary bureaucracy which slows down the decision making. This enhances the productivity which shows as higher profits.
Reduced Time to Market - Since the members span the time zones, there could be different team working on the same project 24*7, so when one-member sleeps there will be another one somewhere else who would start work where the former had left. This shortens the product development time as well as faster response time to demands in both global and local markets.
Newer Opportunities - If we see at larger societal level, virtual teams have created newer opportunities for people who are less mobile and hesitant to relocate due to either family requirement or physical challenge. Now any task that does not require the physical presence of a person and which can be supported by communication technology throws an opportunity for many deserving candidates.
Disadvantages of Virtual Teams
Cost of Technology - The successful working of virtual team is supported by the efficient use of multiple communication technologies such as instant messaging, emails and video-conferencing, among others. No one tool can provide the complete support. The cost associated with these installation and maintenance tools is little on the higher side.
Conflicts, Lack of Trust & Collaboration - The cultural differences between the members of virtual teams gives rise to number of conflicts. For example, while an American would write a straightforward email describing a bad situation, this would be perceived as impolite by a South Asian (say Japanese) member of the team. This would lead to conflicts, mistrust and difficulties in fruitful collaboration...

Other Essays On • Prepare and submit a document summarizing your analysis – OB theory and your own thinking – - HRM 742 - Individual Assignment 2

college essay be your own cheerleader - english - college essay

643 words - 3 pages Be Your Own Cheerleader In the eleventh grade, I had the realization that life would never just be easy, and if I wanted to be happy I would have to work to be happy. The summer before my senior year, I started going to therapy to try and obtain happiness. So far, therapy hasn’t worked, however, a phrase my mom has said to me in an elaborate fight has. The phrase “be your own cheerleader” has helped through some tough times when stress, anxiety

Stereotype essay on your own experience - SFSU AIS 235 - Essay

1578 words - 7 pages Stereotype Essay What is meaning of Stereotype? Stereotype means “a widely held but fixed and oversimplified image or idea of a particular type of person or thing” in the dictionary. In today’s society, stereotyping is a form of pre judgement and social attitude. According to the book , “in the United States, no other ethnic group has endured greater and more varied distortions of its cultural identity than American Indians” (p13, Devon

select a character from La Yuma, and perform an analysis of your chosen character’s gender - CAS 115 - Movie analysis

1262 words - 6 pages men who may be more in touch with their emotions, and it hurts people on the LGBT side who may not fit the category they’re assigned at birth, or who don’t identify with either category. Gender roles matter because they hurt everyone. This doesn’t mean that enjoying some of the things that categorize your gender in this society is a bad thing. What it does mean, is that as a society we need to be more understanding of individual differences

Alignment of HRM and Business Strategies - Strayer HRM 530 - Assignment

698 words - 3 pages Alignment of HRM and Business Strategies Alignment of HRM and Business Strategies Tashinda Johnson Professor Iwuanyanwu HRM 530 04/22/2019 Organizations must recognize that the HR department and its duties are a strategic asset when aligning business with HR. The HR department must align with the goals of the organization. Performing departmental assessments would be a great start to see where your department is, gain insight, and adjust to plan

Your research assignment will be a causal analysis paper. - English 201 - Research paper

856 words - 4 pages Professor Woods English March 13,2019 The impact of fear There are many things that many people might be afraid of. Fear can affect a human being in many ways. Laura Wingfield and Oedipus Rex both come from different walks of life, but both experience fear that affects them drastically. In Sophocles’ Oedipus Rex and Tennessee Williams’s The Glass Menagerie, the characters Oedipus Rex and Laura Wingfield experience the effects of fear due to

Juvenile And Adult Courts – A Comparative Analysis Write A 1,000- To 1,500-Word Paper Comparing And Contrasting Juvenile Court With Adult Court. Include The Following In Your Paper:

1163 words - 5 pages Untitled Juvenile and Adult Courts - A Comparative Analysis Mike Lemke University of Phoenix CJA 393 Len Swadlow May 10, 2010 Abolishing the juvenile court system is part of a long process. The process may derail justice from taking place in a timely manner. An intricate replacement plan needs to be in place if society decides to move juvenile cases to criminal courts. Chaos would take place without a

Drugs And Alcohal, Swallow Your Dreams

1016 words - 5 pages Drugs and Alcohol"¦Swallow your dreams Would you knowingly put a gun to your head, slowly pulling the trigger without trying to stop yourself? Affecting your family, friends and neighbors. Then why would you collapse to the peer pressure of abusing/using drugs and alcohol? Although it is your choice there are more negatives than positives to doing it.In life drugs or alcohol will sometime affect everyone. It can be you experimenting or

essay that is supper sis for you and all your friends - Heritage Glen - Assignment

1304 words - 6 pages means to provide the body with absorbable nutrients and to excrete waste products. DNA: ​ ​is a molecule that contains the instructions an organism needs to develop, live and reproduce. DNA replication:​ DNA replication is the process by which a double-stranded DNA molecule is copied to produce two identical DNA molecules. DNA Screening:​ ​the analysis of DNA samples to detect the presence of a gene or genes associated with an inherited disorder

Assignment. The Life of C.S. Lewis F.) Next, write and submit a 300-word essay - Lancaster Bible College Business Adminstration - Bio of C.S. Lewis

408 words - 2 pages Grant Winstead Professor Ide Literature 321 April , 2018 The Life of C.S. Lewis C.S. Lewis’ full name was Clive Staples Lewis. He was born in 1998 to his father who was a lawyer and his loving mother who was a mathematician. He was in a family of four but he was closest to his brother (Warren) whom he spent most time together with. Staples stayed indoors and liked to draw animals. After his dog died he announced that he would be called Jack

think about it, how to plan and prepare a descriptive timetale - St aidans - schedule

1682 words - 7 pages based analysis. Note some tests are not in a History lesson. Short answer and source based analysis. Note some tests are not in a History lesson. Period 1 HI08D, HI08G Period 2 HI08A, HI08B, HI08E, HI08F, HI08H, HI08I Music Year 8 Test Location: BGS Music Year 8 Test Location: BGS Music Test Music test Period 5 MU08H Period 5 MU08H Friday, 23 March 2018 English Year 8 Location: BGS Design & Technology Year 8 Location: BGS 26 March to 30 March Monday

Do Culture And Individual Beliefs Affect Logical Thinking? If So, How Do They Influence The Conclusions We Reach?

1641 words - 7 pages is where the culture and individual beliefs can affect the conclusions which are reached. Often the argument is not true because the premise used is an assumption, biased, or fallacious. For example:All Muslims are terrorists.He is Muslim.He is a terrorist.This example does follow deductive reasoning, and is valid, but the major premise is false. If the 'arguer' truly believes that all Muslims are terrorists, they have used logical thinking

Similar Papers

Create Your Own Examples Essay

270 words - 2 pages Assignment 1Create Your Own ExamplesUsing the RealAudio Player Controls, play Handel's See Here the Conqu'ring Hero Comes. Then, follow these directions to create your own examples:Watch the counter and pause when you hear the beginning of a musical idea (A or B).Click the "pause" button and write down the counter time at the beginning of the idea.Then, click the "play" button again and listen for the end of the idea currently in progress.Click

Living On Your Own Essay

496 words - 2 pages Living on Your Own.Living on your own doesn't seem to be a big deal in the beginning. Despite all the disadvantages of living on your own the benefits of it are far greater. While living on your own you can develop important life skills such as time management and greater responsibility, which will lead to a more mature stage of life. When this stage of life is achieved you can decide what and how you want to live the rest of your life. When it

Business Proposal Create Your Own Business Business Studies Assignment

1508 words - 7 pages twist to swimwear to ensure the product fits the individual needs and wants of customers. Each swim item can be chosen in a range of colours, sizes, fabrics, prints and designs. The customization of each product means you can choose whatever design of swimwear, any size (so this can be different for tops and bottoms), any print or colour and any fabric from the options available. The biggest goal of the business is to be able to supply for what

Genogram Analysis Of Your Own Family Sedalia State Fair Community College Research Paper

2233 words - 9 pages them. Same goes for my dad and my mom. I am in always contact with them. My elder brother tries to call me now and whenever he gets time, but the one person that I am very emotionally attached and miss the most is my youngest baby brother. After all I have raised him since the first day he came to our life. I have already applied for him to come visit back here so that I can see him more often. I can assure that this assignment has been one of the amazing assignment so far and I believe everyone should at least once try to draw a genogram to understand the relation with their family in a better way. 2