How Successful Are Virtual Project Teams?
Recently, there’s been a flurry of culture changes due to Marissa Mayer’s new stand of “no more telecommuting” at Yahoo. This proclamation apparently wasn’t intended to be an official company announcement, but was a leaked internal e-mail to the press. Probably a jolt to Yahoo’s cultural nerve center, this change of policy has caused considerable press and social media dialog with an industry (software development) that has migrated more and more to a virtual, telecommuting industry.
There are definitely two camps on this subject, and not much in the middle (this topic is going to be fun to discuss!). Perhaps you’re dealing with this situation, too…
Signs that Your Company is in Trouble?
We all know of companies where virtual teams work well and others where they don’t. My wife’s company is practically 100% virtual, with project managers and customer implementation managers leading complex customer and team interactions from remote, home offices. Yet I know of many other situations where employees prefer the physical interaction and claim that working virtually would be a disaster--mainly due to lack of focus (too many distractions) and lack of human interaction.
According to Raymond Fisman’s article “Yahoo workers must show up”, Yahoo lost its way and its leadership position in a
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