Friday, March 13, 2009

If you are tasked to manage a virtual company, how will you handle the following:

HIRING

Hiring employees in virtual company is somehow complicated because there is a question often asked that "How do you know your staff is really working if you can't see them?". The best way to guard against wasted time is to be certain you are hiring a staff that knows how to get the job done and is committed to growing the business.

COMMUNICATION



Technology allows a virtual company's employees to interact in real time. Phone, e-mail, instant messaging, Internet conferencing and telephone conferencing facilitate those typical "got a minute?" office conversations. Internet-based databases provide company-wide access to a variety of information, including customer and prospect data, employee calendars, and all relevant company documents, such as 401k materials and product marketing literature. Managers must make the time to check in with members of the team regularly to make sure they are on task.

CULTURE
Culture is not a big deal in virtual company, because everybody is dependent on each member meeting their objectives. Success or failure is shared by the whole team, so it incentivises the team to work together towards the same objective and with one insurance policy.

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