Critical Success Factors for Virtual Teams
February 12, 2025
Effective communication is a part and parcel of any successful organization. A communication should be free from barriers so as to be effective. Communication is a two way process where the message sent by the sender should be interpreted in the same terms by the recipient. The characteristics of effective communication are as follows: Clarity […]
Imagine what would our life be without any mode of communication among individuals? The world would have been a dead place where no body could interact with each other or communicate amongst themselves. There would be no knowledge sharing and great ideas could never be implemented. In a layman’s language, communication simply helps in the […]
Communication is a process of exchanging verbal and non verbal messages. It is a continuous process. Pre-requisite of communication is a message. This message must be conveyed through some medium to the recipient. It is essential that this message must be understood by the recipient in same terms as intended by the sender. He must […]
Most of us would agree that it is ethics in practice that makes sense; just having it carefully drafted and redrafted in books may not serve the purpose. Of course all of us want businesses to be fair, clean and beneficial to the society. For that to happen, organizations need to abide by ethics or […]
Enterprise risk management (ERM) is a buzzword that has been doing rounds in the risk management field for the past few years. It is often used by managers in a context that implies that it is wider in scope than the traditional risk management function. However, the number of risk management professionals who do not […]
Knowledge Management is defined as the use of different practices and techniques to collect, store and share Knowledge including information, experiences learning and insights among the current and future team members. Before the advent of information and communication technologies, Knowledge management involved the use of face-to-face interactions through classroom training, job rotation, coaching & mentoring etc. The 21st century organizations with their growing reliance on virtual teams use collaborative groupware technologies for effective knowledge management.
The major challenge in virtual teams is difficulty in sharing of tacit Knowledge. This is largely due to the social nature of tacit knowledge creation and transfer. Virtual teams bring together subject matter experts and specialists from dispersed locations to build a knowledge-intensive environment. These teams are more task-oriented, formed for accomplishment of a particular goal such as R&D, consulting, change or innovation, and are disembarked once the project is completed. The knowledge is gained during the process of task execution at an individual level. This knowledge in terms of experience and insights has to be captured and made available to the other project teams as well as future project teams.
An effective knowledge management in virtual team involves capturing and sharing of higher quality and quantity of information. There are two important inputs for effective knowledge management in virtual teams - use of appropriate communication technologies and human coordination. Some of the effective techniques for knowledge management in virtual teams are discussed below.
Thus we see that the key to Knowledge management in virtual teams involves providing infrastructure in terms of both technology and social capital. An effective Knowledge management strategy enables organizations to tap the diverse Knowledge base of virtual team. Learning from past experiences as well as the Knowledge repository provides strong inputs for business intelligence which enhances decision making and productivity.
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