Presentation on virtual maangement Bandana Ghimire- MBA/ MBS- Pokhara University

1. Prepared By: Bandana Ghimire

2.  Introduction
 Benefits
 Challenges
 Business trends in virtual teams
 Technology trends in virtual teams
 Distance education trends in virtual teams
 Conclusion
 Lesson learnt

3.  Collection of people located in different areas
 Working together using communication
technologies
 Used for specific projects in companies
guided by a mission, vision and common
purpose

4.  Cost Saving
 Ability to harness different talent and
expertise across world
 Reduce time to market
 Increase knowledge sharing

5.  Difficult to built trust and relationship
 Cultural Challenge(language, power distance,
collectivist vs individualist, low or high
context)
 Structure

6.  Interaction between individuals who are
separated by time and space
 Accomplish business goals, complete projects
and create efficiencies related to time and
cost
 Assemble staff quickly

7.  Virtual teams depends on information and
communication technologies
 Using right or wrong technology makes the
success or failure of the virtual team
 Google app can be the best example
 Google Mail
 Google Calendar
 Google Talk
 Google Docs (now called Google Drive)
 Google Sites
 Google Video for education (Herrick, 2009).

9.  Business are not only benefited by the virtual
teams
 Technology has enabled cooperative learning
 Opportunities to learn and best practices for
virtual team effectiveness

10.  Virtual team is widely used in the business
world as well as in online education and
growing in popularity.

11.  Developing relationship and trust is crucial to
effective virtual team effectiveness
 Investment in training for difference in
language and culture play an important role
in successful communication and
collaboration with team for sharing meaning,
effective work and task completion.