Individual Assignment Unit 4: Developing And Managing Effective

Student Name:Student No:Individual Assignment Unit 4Developing and Managing Effective TeamsDate:IntroductionIn the current hypercompetitive and fast-paced business environment,businesses are infavor of telecommuting as a way to achieve faster turnarounds, global presence and wider markets. It is estimated that nearly five million workers are engaged in telecommuting jobs. Telecommuting is growing rapidlyand with this growth comes the inevitable networks of people working together via technology. The individuals in these networks are diverse and dispersed geographically CITATION Lis11 \l 7177 (Lister & Harnish, 2011). It is hard to find an organization in the modern world that does not have virtual workers. Many organizations are exploring virtual platforms to bring together world-class teams with diverse talents and expertise across the globe. Virtual teams are simply teams of individuals separated by physical distance but using sophisticated information communication technology to stay connected and united by a common goal.Need for Virtual Workspace in the OrganizationThis organization will need to leverage on competencies from all parts of the globe in order to develop capability and capacity to solve complex problems and open up creativity and innovations