Challenges of Building a Virtual Team

With the increase in working from home and other flexible working options working in virtual teams is almost imperative. As per Gartner’s recent survey, by 2020, there will be a 30% increase in working remotely and in virtual teams. In the present scenario, building an efficient virtual team is a dream for many organizations worldwide because of the tough challenges. Many organizations know about the challenges but cannot overcome them as they don’t have a simple solution. Many organizations fail miserably as they cannot find a proper solution. Many papers and research are being made, but authors mostly discuss the challenges without giving a suitable solution. The main objective of writing this chapter is to suggest a simple model with solutions, which has already been explained above. The model is very simple and user-friendly, which when followed as can yield excellent results leading to a hassle-free virtual team that is as good as an offline team and is equipped to handle any challenges and would be able to contribute to smooth running and profit maximization in the virtual mode.