| Virtual
Management - Global Team Leadership

* Virtual
Management is about managing people at a distance using
technology.
* Virtual Management
can produce travel cost reductions of up to 50% with huge gains
in team productivity and morale.
* Virtual Management
is a high risk strategy unless corporations are committed, and requires
investment in technology as well as in team training.
* Virtual Management
means maintaining close working relationships with colleagues in
many locations, without the need for as many meetings as traditionally
needed.
Old management models are: "if
in doubt, go travel to sort it out". But this is highly inneficient
in a ralidly growing global organisation. Many corporations are
at the limit of what they can manage without huge structural changes,
unless they develop a different way of working altogether.
I often find that senior executives
are travelling twice as much now as they were two years ago (despite
economic problems and 9/11 impact). Many are already spending up
to 6 weeks a year at 35,000 feet, not including all the hassles
of flying delays, taxis, hotels, and jet lag. So what happens next
year? The model of team management followed by most corporations
is completely un sustainable and will be a number one survival issue.
Teams that can bridge the distance
gap will win a clear competitive advantage - travelling less but
with greater impact during each visit, backed up with regular videoconferencing,
shared space technologies, chat, e-mail, telephone conference calls
and other digital tools. And forget old-style video-links in board
rooms. Think wireless, everywhere, anytime, video-links that can
start as spontaneously as a telephone call.
Human resources, information technology,
corporate real estate - all these areas need to think together about
how teams of tomorrow can operate in the most efficient and human
- sensitive way.
Virtual
Management is vital to corporate growth.
Virtual
teams Virtual
people
New working patterns
Visions of future
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