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Virtual Teams Trends Report by AIM Strategies: http://aim-strategies.com/blog/
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Virtual Teams Report
1.
AIM STRATEGIES ®
VIRTUAL TEAMS TRENDS REPORT : CHALLENGES OF VIRTUAL TEAMS Copyright© 2010 AIM Strategies® Applied Innovative Management®. All rights reserved. www.aim-strategies.com
2.
Table of Contents
• Report Background • Key Findings • Demographics • Future of Virtual Teams • Upcoming Events • About AIM Strategies ® Copyright© 2010 AIM Strategies® Applied Innovative Management®. All rights reserved. www.aim-strategies.com
3.
Report Background The lessons
learned from past clients inspired us to submit a book proposal in August of 2009 regarding difficulties and techniques in managing a virtual team. A month later the proposal was accepted and we began interviewing virtual team members and leaders to collect their stories for the book. The interviews were conducted to enhance our knowledge of virtual teams and the challenges that they face in preparation for writing our upcoming book A Manager’s Guide to Virtual Teams. At the completion of the interviews we began an analysis of the trends summarized in this report. Their stories confirmed our experiences and our findings from our past client work. However, we also learned some surprising new trends around how virtual teams communicate and the conflicts and challenges they face. Copyright© 2010 AIM Strategies® Applied Innovative Management®. All rights reserved. www.aim-strategies.com
4.
Report Background
Data Gathering Data Analysis • Use qualitative data as it provides a • Label the 150 interviews with a set richer amount of information of common key words and concepts such as “misunderstanding”, in an • Each interview was approximately electronic format 1 hour, and limited to 2 hours • Use a custom computer program • 19 open-ended questions were developed onsite utilizing Extensible Markup Language (XML) to asked in a semi-structured format that automatically categorize the data allowed for a natural flow of conversation • Calculate statistics regarding how many interviewees mentioned a • Interview topics include: particular issue or concept communication, conflict, trust, accountability, cross-cultural communication, team set up, lessons learned, and the future of virtual teams Copyright© 2010 AIM Strategies® Applied Innovative Management®. All rights reserved. www.aim-strategies.com
5.
Key Findings
Trend 1 Top Challenges – Communicating when every time zone is your time zone With teammates located worldwide, members observed fewer established time boundaries and often worked around the clock (52%). Coordinating across time zones caused communication problems (44%) while another obstacle was excessive multitasking (18%) during conversations. Trend 2 Building a Human Connection while replacing hallway chats Even in the virtual environment, occasional face-to-face communication was found to be vital for certain aspects of team interaction, such as team set-up (24%) and conflict resolution (27%). On the other hand, one aspect of building relationships, through trust, did not require face to face communication as trust was reportedly enhanced through regular contact with other team members (63%), among other techniques discussed. Copyright© 2010 AIM Strategies® Applied Innovative Management®. All rights reserved. www.aim-strategies.com
6.
Key Findings
Trend 3 Conflict – When conflict arises, VT members do not hide behind their screen The sources of conflicts differ from on-site teams, as the lack of visual cues cause an increase in miscommunication (33%) or inconsistent expectations (21%). Virtual team members used a variety of resolution styles such as using the phone (40%) and mediation (18%). As easy as it is to hide behind a screen and ignore phone calls and emails when a conflict arises, only 7% of respondents used avoidance techniques. Trend 4 Cross Cultural Communication – Lost in Translation Cross cultural elements play a role in the effectiveness of virtual teams. The most common communication barrier found stemmed from misunderstandings related to the use of English (47%) which included both varying interpretations of the same words in different cultures as well as differences in overall competency levels. Copyright© 2010 AIM Strategies® Applied Innovative Management®. All rights reserved. www.aim-strategies.com
7.
Key Findings
Trend 5 Speed of virtual team delivery – slow and steady does not win the race The speed of communication and timelines of deliverables vary significantly as compared to on-site teams. Virtual teams experience shorter deadlines (17%) often on a weekly or even daily basis, as well as more frequent checkpoints in between deadlines. Ninety percent (90%) of teams met “all hands” once per week, while some met team-wide three or more times per week (8%). Copyright© 2010 AIM Strategies® Applied Innovative Management®. All rights reserved. www.aim-strategies.com
8.
Future of Virtual
Teams Looking toward the future, the global economy is fundamentally transforming the way business is conducted. According to 70% of respondents, virtual teams will increase in prevalence and will be considered the norm (9%) in conducting business. This trend will be experienced in part due to increased cost effectiveness and the pressure of globalization. As this shift occurs, new technologies will improve the performance of virtual teams (47%). In addition, new techniques will be developed to overcome the unique challenges encountered by virtual teams (11%), as more business leaders become exposed to this type of environment. The Future of Virtual Teams Increasingly Prevelant 70% Technology 47% Improving 11% Flexibility 9% Increasingly Important 6% Outsourcing 4% Decreased Quality 2% 0% 20% 40% 60% 80% 100% Copyright© 2010 AIM Strategies® Applied Innovative Management®. All rights reserved. www.aim-strategies.com
9.
Upcoming Events Book Campaign
Date, Location, NY Presentation Date, Location, NY Book Publishing Date, Location, NY Copyright© 2010 AIM Strategies® Applied Innovative Management®. All rights reserved. www.aim-strategies.com
10.
Stay Connected VT Book
this August www.amazon.com/Managers-Guide-Virtual-Teams VT Trends Report www.aim-strategies.com/AIMVTTrendsReport.pdf AIM Company Website www.aim-strategies.com Email: yael@aim-strategies.com Linked In: www.linkedin.com/in/yaelzofi Facebook: www.facebook.com/yael.zofi www.facebook.com/AIMStrategies Twitter: http://twitter.com/#!/yaelzofi Copyright© 2010 AIM Strategies® Applied Innovative Management®. All rights reserved. www.aim-strategies.com
11.
About AIM Strategies® AIM
Strategies® Applied Innovative Management® is a results-driven Human Capital Consulting firm specializing in the areas of: Virtual Team Training, Cross Cultural Coaching, Team Building Facilitation, Global Leadership Development, and general Transformational Change Services. Known for an innovative approach, which clearly links with the client’s business strategy, AIM Strategies® can help you to develop global leaders with the skills necessary for business success in the 21st Century. We are confident that the solutions we develop fit your needs and culture. Please visit www.aim-strategies.com to learn more about how our services unlock the people potential of your organization. Copyright© 2010 AIM Strategies® Applied Innovative Management®. All rights reserved. www.aim-strategies.com
12.
Copyright© 2010 AIM
Strategies® Applied Innovative Management®. All rights reserved. www.aim-strategies.com
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