The document discusses differences between traditional teams and virtual teams, and key considerations for building successful virtual teams. Some key differences are that virtual teams have less face-to-face interaction, asynchronous communication, and leadership that is more formalized. Trust develops differently in virtual teams than traditional teams, as it must be established initially rather than evolving over time through stages. Setting a positive tone from the start and focusing on relationship-building early on can help virtual teams develop the knowledge-based trust needed for high performance.