The virtual workforce continues to grow….
• Currently, an estimated 20 to 30 million people work at home at least one day a week [1]
• 52% of companies provide 'virtual work options' for their employees or scenarios that allow for work away from the company premises.[2]
• More than half (56%) of Fortune 500 senior executives and hiring manager anticipate reliance on virtual teams to multiply in the next one-to-three years.[3]
Paradoxically, as more employees embrace—and even expect—a distributed work environment, research indicates low levels of confidence in the ability of managers to navigate this type of workplace structure. Even while technology has made it easier for employees to connect, the pressure is on top executives and their managers to develop and oversee teams that work collaboratively, efficiently and effectively across different time zones and cultures.
This white paper explores some of the major trends that are contributing to the rise of the virtual workforce, examines some of the main challenges related to remote-team management, and outlines the key principles of “personality management” that will help managers achieve success with virtual teams.
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