Question

considering the rate of change in technology, discuss the importance of virtual organizations. Also discuss what skills are needed to manage virtual organizations vs. the traditional brick and mortar companies.

Answer 1

Virtual organizations have gained more significance due to technological advancements.

• Virtual organization communications are equally effective as traditional organization.
• They are more cost effective.
• They are more lean and scalable business model.
• It provides higher employee satisfaction.

Below are the important skills required to manage virtual organizations vs. the traditional brick and mortar companies:

1. Have shared goals, language so there is no gap between the team members.
2. Use modern technology and contingency arrangements to avoid any halts.
3. Have small get together at regular interval of time to allow team members to know each other.
4. Use common language for communication which is suitable for all team members.
5. Use proper English language with as much details as possible. As teams do not talk face to face, there is lot of scope for miscommunication between team members.
6. Avoid using short forms..
7. Let all people participate in the virtual discussions and avoid confrontations if any.