The 4 Principles for Staying Connected as a Virtual Team
As technology both in the home and workplace has become more pervasive, virtual teams are on the rise. Companies are increasingly going virtual for the plethora of benefits. For employees, virtual teams allow more flexibility in their work hours and increase productivity by eliminating time typically wasted by commuting. A recent survey by Deloitte also found that millennials (expected to take up 75 per cent of the workforce by 2028) are more likely to stay in a role for more than five years if they are empowered to determine when and where they complete their work.
Companies can see more direct benefits from transitioning to virtual teams. Encouraging employees to work remotely can lower office costs significantly. Furthermore, it opens up a greater availability of talent to draw from by hiring workers based in countries—or even continents—other than that of the one single location.
Despite these many benefits, virtual teams can quickly become plagued with feelings of disconnect or a general lack of productivity. At Harbinger, we have operated as a tight-knit virtual team for many years to accommodate our frequently travelling consultants and workers in need of flexible schedules. To help with other companies already working remotely or considering transitioning to virtual teams, here are our four principles for ensuring the success of your virtual team.