What are the advantages of Virtual Teams and the Disadvantages of the Virtual Teams in the workplace today?
Advantages of Virtual Teams
Think of advantages and disadvantages virtual teams as traits that make a team favorable within organizations or unfavorable. As with any organization there are factors leaders should consider before entertaining the concept of virtual teams. In the 21st century organizational leaders have sought cost effective ways to maximize performance potential with exhausting minimal resources.
I believe that one of the major advantages of virtual teams is low or reduced overhead. For example, if you have your own business online with a virtual storefront you will reduce cost of inventory considerably because 1) you have an off-site warehouse, which handles the shipment of products, and 2) you will also reduce the cost associated hiring, recruiting, and training new employees.
Another advantage is that virtual teams are in ...
This problems solution evaluates some of the most common advantages and disadvantages of teams in an organizational work force. This solution provides brief insight into why virtual teams are beneficial for organizations. Virtual team advantages far exceed any potential disadvantages.