Working in a Virtual World

Working in a Virtual World As a result of globalization, technology, work-life balance, and outsourcing, virtual teams are becoming more common. Leaders of virtual teams rarely have the chance to connect with their direct-reports face-to-face. Therefore, in addition to the typical challenges a leader faces when his/her team is all in one location, virtual leaders must communicate, build trust, and instill accountability via technological means. AM I RELEVANT IN A VIRTUAL ONLINE SAVES ONLINE SAVES WORLD? MONEY TIME, TOO A five-person meeting conducted in-person (involving plane travel for four of the attendees) is over The average time participants spend to prepare for, travel to, and attend this in-person meeting involving five people is 53 hours and 24 minutes. This is 7X MORE EXPENSIVE MORE THAN than a meeting conducted by audio conference, and nearly three times as expensive as a videoconference. 3X THE TIME involved in an audio or video conference meeting. OFFLINE IS TECHNOLOGY A TROUBLE AM I EFFECTIVELY IS ADVANCING AM IA GOOD UTILIZING VIRTUAL LEADER? TECHNOLOGY? Busy professionals attend over Most busy professionals - 60 MEETINGS 89% BELIEVE - that technology will make meetings easier in the future. each month. However, most say they cannot attend all meetings to which they are invited due to the tremendous demands on their time. Center for Management & Organization Erfectiveness SOURCE Meetings in America Study, InfoCom, a division of NFO Worldwide. Working in a Virtual World As a result of globalization, technology, work-life balance, and outsourcing, virtual teams are becoming more common. Leaders of virtual teams rarely have the chance to connect with their direct-reports face-to-face. Therefore, in addition to the typical challenges a leader faces when his/her team is all in one location, virtual leaders must communicate, build trust, and instill accountability via technological means. AM I RELEVANT IN A VIRTUAL ONLINE SAVES ONLINE SAVES WORLD? MONEY TIME, TOO A five-person meeting conducted in-person (involving plane travel for four of the attendees) is over The average time participants spend to prepare for, travel to, and attend this in-person meeting involving five people is 53 hours and 24 minutes. This is 7X MORE EXPENSIVE MORE THAN than a meeting conducted by audio conference, and nearly three times as expensive as a videoconference. 3X THE TIME involved in an audio or video conference meeting. OFFLINE IS TECHNOLOGY A TROUBLE AM I EFFECTIVELY IS ADVANCING AM IA GOOD UTILIZING VIRTUAL LEADER? TECHNOLOGY? Busy professionals attend over Most busy professionals - 60 MEETINGS 89% BELIEVE - that technology will make meetings easier in the future. each month. However, most say they cannot attend all meetings to which they are invited due to the tremendous demands on their time. Center for Management & Organization Erfectiveness SOURCE Meetings in America Study, InfoCom, a division of NFO Worldwide. Working in a Virtual World As a result of globalization, technology, work-life balance, and outsourcing, virtual teams are becoming more common. Leaders of virtual teams rarely have the chance to connect with their direct-reports face-to-face. Therefore, in addition to the typical challenges a leader faces when his/her team is all in one location, virtual leaders must communicate, build trust, and instill accountability via technological means. AM I RELEVANT IN A VIRTUAL ONLINE SAVES ONLINE SAVES WORLD? MONEY TIME, TOO A five-person meeting conducted in-person (involving plane travel for four of the attendees) is over The average time participants spend to prepare for, travel to, and attend this in-person meeting involving five people is 53 hours and 24 minutes. This is 7X MORE EXPENSIVE MORE THAN than a meeting conducted by audio conference, and nearly three times as expensive as a videoconference. 3X THE TIME involved in an audio or video conference meeting. OFFLINE IS TECHNOLOGY A TROUBLE AM I EFFECTIVELY IS ADVANCING AM IA GOOD UTILIZING VIRTUAL LEADER? TECHNOLOGY? Busy professionals attend over Most busy professionals - 60 MEETINGS 89% BELIEVE - that technology will make meetings easier in the future. each month. However, most say they cannot attend all meetings to which they are invited due to the tremendous demands on their time. Center for Management & Organization Erfectiveness SOURCE Meetings in America Study, InfoCom, a division of NFO Worldwide. Working in a Virtual World As a result of globalization, technology, work-life balance, and outsourcing, virtual teams are becoming more common. Leaders of virtual teams rarely have the chance to connect with their direct-reports face-to-face. Therefore, in addition to the typical challenges a leader faces when his/her team is all in one location, virtual leaders must communicate, build trust, and instill accountability via technological means. AM I RELEVANT IN A VIRTUAL ONLINE SAVES ONLINE SAVES WORLD? MONEY TIME, TOO A five-person meeting conducted in-person (involving plane travel for four of the attendees) is over The average time participants spend to prepare for, travel to, and attend this in-person meeting involving five people is 53 hours and 24 minutes. This is 7X MORE EXPENSIVE MORE THAN than a meeting conducted by audio conference, and nearly three times as expensive as a videoconference. 3X THE TIME involved in an audio or video conference meeting. OFFLINE IS TECHNOLOGY A TROUBLE AM I EFFECTIVELY IS ADVANCING AM IA GOOD UTILIZING VIRTUAL LEADER? TECHNOLOGY? Busy professionals attend over Most busy professionals - 60 MEETINGS 89% BELIEVE - that technology will make meetings easier in the future. each month. However, most say they cannot attend all meetings to which they are invited due to the tremendous demands on their time. Center for Management & Organization Erfectiveness SOURCE Meetings in America Study, InfoCom, a division of NFO Worldwide. Working in a Virtual World As a result of globalization, technology, work-life balance, and outsourcing, virtual teams are becoming more common. Leaders of virtual teams rarely have the chance to connect with their direct-reports face-to-face. Therefore, in addition to the typical challenges a leader faces when his/her team is all in one location, virtual leaders must communicate, build trust, and instill accountability via technological means. AM I RELEVANT IN A VIRTUAL ONLINE SAVES ONLINE SAVES WORLD? MONEY TIME, TOO A five-person meeting conducted in-person (involving plane travel for four of the attendees) is over The average time participants spend to prepare for, travel to, and attend this in-person meeting involving five people is 53 hours and 24 minutes. This is 7X MORE EXPENSIVE MORE THAN than a meeting conducted by audio conference, and nearly three times as expensive as a videoconference. 3X THE TIME involved in an audio or video conference meeting. OFFLINE IS TECHNOLOGY A TROUBLE AM I EFFECTIVELY IS ADVANCING AM IA GOOD UTILIZING VIRTUAL LEADER? TECHNOLOGY? Busy professionals attend over Most busy professionals - 60 MEETINGS 89% BELIEVE - that technology will make meetings easier in the future. each month. However, most say they cannot attend all meetings to which they are invited due to the tremendous demands on their time. Center for Management & Organization Erfectiveness SOURCE Meetings in America Study, InfoCom, a division of NFO Worldwide. Working in a Virtual World As a result of globalization, technology, work-life balance, and outsourcing, virtual teams are becoming more common. Leaders of virtual teams rarely have the chance to connect with their direct-reports face-to-face. Therefore, in addition to the typical challenges a leader faces when his/her team is all in one location, virtual leaders must communicate, build trust, and instill accountability via technological means. AM I RELEVANT IN A VIRTUAL ONLINE SAVES ONLINE SAVES WORLD? MONEY TIME, TOO A five-person meeting conducted in-person (involving plane travel for four of the attendees) is over The average time participants spend to prepare for, travel to, and attend this in-person meeting involving five people is 53 hours and 24 minutes. This is 7X MORE EXPENSIVE MORE THAN than a meeting conducted by audio conference, and nearly three times as expensive as a videoconference. 3X THE TIME involved in an audio or video conference meeting. OFFLINE IS TECHNOLOGY A TROUBLE AM I EFFECTIVELY IS ADVANCING AM IA GOOD UTILIZING VIRTUAL LEADER? TECHNOLOGY? Busy professionals attend over Most busy professionals - 60 MEETINGS 89% BELIEVE - that technology will make meetings easier in the future. each month. However, most say they cannot attend all meetings to which they are invited due to the tremendous demands on their time. Center for Management & Organization Erfectiveness SOURCE Meetings in America Study, InfoCom, a division of NFO Worldwide.