With the myriad changes sweeping the workplace, virtual teams look like the New Economy phenomenon that is here to stay. Organizations need to implement the right policies to get the most out of this system.
The most visible and most powerful technological tool of the recent past, the Internet, has brought about changes on a scale and dimension that is, to put mildly, phenomenal. This present-day revolution has spawned many by-products, among which the virtual workplace is one. A virtual team is quite easily understood, as can be inferred from the term:
Virtual teams evolved precisely because they carry a few distinct advantages for people who take part in it.