How To Run A Virtual Company

The idea of the virtual company is not new, but until recently it has been very difficult to visualize it in practice. A virtual company will outsource most or all of its services to third-party providers. The rise of the Internet and e-commerce has made it easier to implement such models because the processing and communications can be automated and “in the cloud.” One of the biggest questions that companies may have is “how do I run a company where I can’t see my team?” This article written by CEO.com, has some useful information to running a virtual company. Please read more

4 Interview Questions for Virtual Team Leaders

Simple questions can be revealing. Find out about potential virtual team members’ tech style, work habits, level of experience and what motivates them with these four quick questions. Ask these casual ice-breakers to get the conversation started, and let your interviewees reveal themselves. Read more at Online interview ice-breakers especially for virtual team leaders.

Planning Ahead: Commercial Real Estate Adapts to Virtual Work Trends

According to a survey conducted by CoreNet Global, commercial office space isn’t necessarily a thing of the past. However, virtual work is certainly transforming the way organizations think about real estate. Within the next decade most offices will revamp their data platforms to support a new generation of tech-savvy workers. But will there then be a need to find space to gather even if it’s not permanent? Learn how commercial real estate needs will adapt to new work trends. Read more at Year 2020: Corporate Workplaces, Property Portfolios Undergoing Radical Shifts.

ROI for Your Remote Workforce: Top 5 Factors

Retaining top talent means making your organization attractive to all workers, including virtual workers. First, you must be aware of the features remote workers require, and then you need to decide if the ROI makes sense. Tony Busseri, CEO of Route1, a global provider of security and identity management solutions, points out the top five factors for a telework environment. According to Busseri, “Providing employees with the required resources and access to work away from the office will increase productivity and allow them to better integrate career, family life and play.” Learn how to factor your remote-work ROI in his article Securing the Remote Work Force: Top 5 Factors for Teleworking Environment.

Are You Ready to Go Virtual? 3 Key Questions

Terri Griffith, who studies the mix of technology and work, poses three high-level questions to executives to help them determine whether their organizations are ready for large-scale virtual work. These three key questions get to the root of an organization’s reasons for going virtual.

1. Will offshoring/outsourcing be playing a role?
2. Is the organization designed to be effective at virtual work?
3. Are the managers and employees skilled in the practices and tools for supporting virtual work?

You can’t simply change one thing about your organization without needing to change many other things. Griffith points out, “Organizational design is similar to the Skwish baby toy [in the photo] – if you pull on one node, but do not allow the others to shift, something is going to break.” Read more at Three High-Level Questions to Guide Executives Thinking About Virtual Work.

Flickr photo by  yto.

Advice for Starting Your Virtual Team

Forming a virtual team can be daunting. Pam Fox Rollin has advice for newcomers. First, managers need to know how their team members are currently communicating so they can tweak communication channels to meet the needs of the virtual team. Managers should also create opportunities for virtual teams to meet occasionally in a brick-and-mortar setting, especially when the team is forming. As with any working team, virtual teams must know their goals and the reasons behind those goals. Finally, virtual-team managers need to have a management system that fits the virtual workplace. Learn more about starting your virtual team at: Four tips for starting a virtual team.

Legal Issues to Consider When Going Virtual

Organizations that are going virtual will most certainly consider communication strategies or make decisions about how remote teams will function. However, legal issues are also an important consideration. Organizations should consider the Fair Labor Standards Act, the Occupational Health and Safety Act and the Americans with Disabilities Act. Remote workers should not work “off the clock,” and they must promptly report any injuries they receive during the course of their work. Organizations should also develop information security and policies for virtual employees. Read more about legal considerations when going virtual at: Is it time for telework? 6 unexpected issues you should consider.