Virtual teams: also known as a Geographically Dispersed Team (GDT) is a group of individuals who work across time, Space and organizational boundaries with links strengthened by communication technology. They are committed to a common purpose and also have interdependent performance goals. Geographically dispersed teams allow organizations to hire and retain the best people regardless location.
Yes to virtual teams: some advantages.
ü Better workers may be located anywhere around the world
ü Workers demand personal flexibility and increasing technological sophistication
ü A flexible organization is more competitive and responsive to the marketplace
ü Globalization
ü The global workday is 24 vs. 8 hours
ü The emergence of environments which require inter-organizational cooperation as well as competition
ü Increasing horizontal organization structures characterized by structurally and geographically distributed human resources.
http://www.nuwave-tech.com/it-project-blog/bid/43361/3-Tips-for-Managing-Virtual-Teams
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