Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
expand_more
expand_more
format_list_bulleted
Question
It is essential that organizational leaders understand the competitive, financial, and strategic advantages that can result from not only implementing self-managed virtual teams but also ensuring that they are effective, high-performing groups.
What advantages and disadvantages do you see for leaders attempting to manage a virtual team consisting of employees around the globe? Please provide one advantage and one disadvantage.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution
Trending nowThis is a popular solution!
Step by stepSolved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.Similar questions
- Group conflict resolution is a critical process for maintaining harmony and productivity within organizations or social settings. Conflict within groups can arise from differences in goals, values, personalities, or communication styles. However, effectively managing and resolving these conflicts can lead to improved relationships, enhanced creativity, and better decision-making outcomes. One approach to resolving group conflict is negotiation, where parties involved in the conflict engage in discussions to find mutually acceptable solutions. Collaboration involves actively working together to address the underlying issues and find win-win solutions that satisfy all parties. Additionally, compromise may be necessary, where each party gives up some of their demands to reach a resolution. Alternatively, accommodation involves one party yielding to the other's demands, often to preserve relationships or maintain peace. Finally, when conflicts escalate or become unmanageable, mediation or…arrow_forwardIn working with teams, Liebler & McConnell (2021) have identified the "coaster" as a problem in working with committees and teams. This individual "contributes minimally to the team's work, if at all, but stands to share the credit when the team, carried forward by its productive members, registers successes" . What are some effective strategies to deal with these types of individuals?arrow_forwardHow can managers effectively lead remote teams and promote productivity, collaboration, and employee well-being in a virtual work environment?arrow_forward
- Effective coordination is essential for the success of any project or endeavor, particularly in complex and dynamic environments. It requires clear communication channels, defined roles and responsibilities, and robust mechanisms for feedback and adjustment. By establishing regular meetings, utilizing project management tools, and fostering a culture of transparency and accountability, organizations can enhance coordination among diverse teams. Additionally, promoting cross-functional collaboration, encouraging knowledge sharing, and leveraging technology solutions can facilitate seamless coordination and ensure that everyone is aligned towards achieving common objectives Question: What are some potential challenges organizations might face when attempting to improve coordination among diverse teams, and how can they overcome these challenges?arrow_forwardCoordination is a crucial aspect of effective teamwork and organizational success. It involves the harmonious integration of individual efforts towards a common goal, ensuring that tasks are performed seamlessly and efficiently. In a well-coordinated team, members share information, resources, and responsibilities, fostering a synergy that leads to enhanced productivity. Clear communication channels, defined roles, and a mutual understanding of objectives are key elements in achieving coordination. Without proper coordination, organizations may face inefficiencies, redundancies, and a lack of direction. Therefore, cultivating a culture of coordination is imperative for achieving optimal performance and reaching collective goals. Question: How can organizations foster a culture of coordination among team members, and what strategies can be employed to enhance communication and collaboration within a team?arrow_forwardEffective management is not only about overseeing tasks and processes but also about inspiring and developing a team to reach its full potential. A key aspect of successful management involves understanding the strengths and weaknesses of team members and leveraging those attributes to achieve collective goals. A manager must be adept at fostering a positive work environment where individuals feel valued, motivated, and empowered. This requires effective communication, mentorship, and the ability to recognize and nurture talent. By building strong interpersonal relationships and promoting a culture of collaboration, a manager can create a cohesive and high- performing team that is resilient in the face of challenges. Question: How do you believe a manager's ability to understand and cultivate the unique strengths of each team member contributes to the overall success of a team and organization?arrow_forward
- TeamworkThis includes engaging in the performance of a team by providing a valuable contribution toward a common objective. To do so, you must first understand your role, the duties that are required of you, and how your job relates to the work of others. To operate well with your team, you'll also need to communicate effectively with them. If a team member is counting on you to do a task, for example, you must be able to offer them a reasonable estimate of when you will complete it. What teamwork skills do you think an employer/industry would most like you to have?arrow_forwardEffective management is crucial for the success of any organization, as it involves coordinating and overseeing the activities of individuals to achieve organizational goals. A skilled manager must possess a diverse set of abilities, including leadership, decision-making, communication, and problem-solving skills. In addition to these interpersonal skills, effective management also requires a deep understanding of the industry, company policies, and the ability to adapt to changing circumstances. Managers play a pivotal role in creating a positive work environment, fostering teamwork, and ensuring that resources are utilized efficiently. By setting clear expectations, providing feedback, and addressing conflicts, managers contribute significantly to the overall productivity and success of the organization. Question: How do effective managers balance the need for achieving organizational goals with maintaining a positive work environment for their teams?arrow_forwardYour task is to indicate how instances of conflict and stress management affect organizational leadership and how can this issue be dealt within an organization, as well as provide the applicable steps and strategies that will prevent this from happening in the future. The objective of your analysis is to help the long-term growth of the organization and increase its market share. Additionally, you must state which is the most beneficial and safe phase according to BCG matrix the company should be. You must justify your answer with related literature and provide an example of a leader in the contemporary world that has gone through this experience in real life and relate it to your hypothetical position.please answer this in the most expanded way.arrow_forward
- Employee engagement is a pivotal aspect of organizational success, as it directly impacts productivity, morale, and retention rates. Engaged employees are committed to their work, feel a sense of belonging within the organization, and are motivated to contribute their best efforts. Effective strategies for fostering employee engagement include providing opportunities for professional development, offering meaningful recognition and rewards, promoting work-life balance, and cultivating a positive work environment. Additionally, regular communication, feedback mechanisms, and involvement in decision-making processes can help employees feel valued and connected to the organization's mission and goals. Question: How does employee engagement contribute to a company's overall performance and competitive advantage in the marketplace?arrow_forwardYou are a manager at a large public relations firm. You have forty employees to manage and there are groups of employees who do similar functions and have similar qualities. You determine that it would be more efficient if these employees were in teams. What arguments do you present to your boss in support of teams?arrow_forwardDescribe a conflict management strategy you would use to maintain a safe and productive learning environment for two students that had a verbal disagreement before class. Their disagreement continues during the lesson, and they make antagonistic comments to each other that you (the teacher) and other students can hear.using theory or effective classroom management practices to support your strategy.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Understanding BusinessManagementISBN:9781259929434Author:William NickelsPublisher:McGraw-Hill EducationManagement (14th Edition)ManagementISBN:9780134527604Author:Stephen P. Robbins, Mary A. CoulterPublisher:PEARSONSpreadsheet Modeling & Decision Analysis: A Pract...ManagementISBN:9781305947412Author:Cliff RagsdalePublisher:Cengage Learning
- Management Information Systems: Managing The Digi...ManagementISBN:9780135191798Author:Kenneth C. Laudon, Jane P. LaudonPublisher:PEARSONBusiness Essentials (12th Edition) (What's New in...ManagementISBN:9780134728391Author:Ronald J. Ebert, Ricky W. GriffinPublisher:PEARSONFundamentals of Management (10th Edition)ManagementISBN:9780134237473Author:Stephen P. Robbins, Mary A. Coulter, David A. De CenzoPublisher:PEARSON
Understanding Business
Management
ISBN:9781259929434
Author:William Nickels
Publisher:McGraw-Hill Education
Management (14th Edition)
Management
ISBN:9780134527604
Author:Stephen P. Robbins, Mary A. Coulter
Publisher:PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract...
Management
ISBN:9781305947412
Author:Cliff Ragsdale
Publisher:Cengage Learning
Management Information Systems: Managing The Digi...
Management
ISBN:9780135191798
Author:Kenneth C. Laudon, Jane P. Laudon
Publisher:PEARSON
Business Essentials (12th Edition) (What's New in...
Management
ISBN:9780134728391
Author:Ronald J. Ebert, Ricky W. Griffin
Publisher:PEARSON
Fundamentals of Management (10th Edition)
Management
ISBN:9780134237473
Author:Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:PEARSON