The document discusses managing a virtual workforce. It defines a virtual team as being geographically dispersed but connected through technology. Managing virtual teams requires confidence in staff, researching collaboration tools, analyzing jobs for suitability, polling employees, projecting cost savings, setting clear expectations, retrofitting home offices, phasing in teams gradually, and ongoing management and evaluation. The key is proper tools, clear communication, and adapting management styles for remote work.

1. Virtual Team ManagementPresentation By:Mike ThiessenCo-FounderBeloit Solutions Group

2. We Will Cover… What does it mean to be a virtual workforce? What are the advantages? What are the disadvantages? Is it right for my company? How do we get started with best practices?

3. What Is A Virtual Team?Geographically DispersedSeparated By:TimeSpaceOrganizational BoundariesJoined By:Web TechnologiesElectronic Communication Platforms

4. Key Components

5. Virtualized Workforce = Teleworking = TelecommutingQuick OverviewNatural fear of reduced productivity

6. Significant rewards, both immediate and long-term

7. Improvement in overall productivity

8. Decrease in attrition

9. Reduction in corporate expenses

10. Massive increase in skill set availabilitySource: Forrester Research

11. AdvantagesDisadvantages

12. AdvantagesIncrease in spendable incomeQuicker start in the morningFlexibility factorBuilding utilities decreaseMakes your company greenerHigher job satisfaction

13. DisadvantagesNever away from their workFamily and all the distractionsStrangely enough, overworking whenworking from home can happenIsolationLack of Communication

14. Steps to creating a Virtual Team

15. Step # 1Have Confidence In Your Management Staff

16. Step # 2Have Confidence In Your Work Force Great employees = Great virtual employees

17. Find people motivated by achievement

18. Set expectations

19. Let them be adultsStep # 3Research Technology Online Collaboration Tools

20. Corporate Intranets - integrated - centralized data - one stop shop

21. More you learn, less frightening it seems

22. Give employees 24/7 support

23. All technologies are not created equal - sales presentations are a great way to LEARN (match competitors!)Step # 4Analyze Every Job In The Company Take the approach that virtualization is a requirement