The merits of using virtual teams Increase in virtual working

摘要

The seemingly relentless progress of technology in recent times continues to have significant implications in the world of business. One of the more notable developments has seen virtual working increasingly become the norm around the globe. It was during the 1960s when the first virtual teams emerged in the developed world. Growing emphasis on total quality management saw such teams become more widespread over subsequent decades. The increase in globalization and new advances in communications technology are major reasons why the practice is so prevalent today. Virtual teams are active in the vast majority of industries and are acknowledged as making a significant contribution within many major corporations. And research shows that sales, R&D, finance and HR are among the key management functions that many companies now choose to perform virtually.