As the workplace evolves, an increasing number of companies are thinking of an effective way on how to increase business productivity without reducing the engagement of their teams. In addition to this, there is also an increase in pressure on start-up businesses to operate effectively until they can generate revenue. As a result of this, a lot of companies are turning to virtual employees.
According to a survey, around 64% of employees at international companies participate in virtual teams and that 52% of those teams were based outside of the company’s home country. The fact that technology is bringing people closer together, it is easier than ever for companies to reach top talent at lower rates from all around the world.
What makes virtual teams effective?
The main foundation of an effective virtual team is trust. However, building trust can be challenging, especially when your team members are geographically dispersed. Trust is earned as a result of effort over time. When the members of the team follow through commitments and make an effort to know each other on a more personal level, they can build more confidence that they can rely on others to their part to achieve the goals of the team.
Businesses who are dealing with virtual teams know how important collaboration is and determined how to effectively collaborate across time and space. The use of different processes and systems to support, structure and encourage team coordination helps in leveraging everyone’s individual strengths to complete tasks and achieve desired results.
Since team members are spread out and personal interaction is rare, it is imperative that team members of a virtual team keep the lines of communication wide open. The best virtual teams get through the challenges geography offers through consistent and regular contact. Feedback, accessibility, and timely responsiveness to keep the business operations run smoothly.
Effective virtual team leaders should know how to motivate their team to keep them focused and driven to reach their goals. They can motivate the team by finding effective ways to make every member feel included, such as involving them in decisions, showing them how their work is contributing to the success of the business, and recognizing their achievements and successes.
By getting to know virtual team members and understanding their value, virtual team leaders are able to inspire and motivate members effectively. Virtual teams with engaged and motivated members consistently perform better, which results in better productivity, profitability, and retention.
Virtual teams all around the world have made it possible for many businesses to better leverage their resources and perform work more efficiently than ever before. If your business is ready to take the next level, get in touch with us today and let’s talk about business!