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Virtual Management

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"Virtual Management means faster decisions" - Video

How to save 40% of your travel costs, increase productivity and global effectiveness.

* Virtual Management is about managing people at a distance using technology.
* Virtual Management can produce travel cost reductions of up to 50% with huge gains in team productivity and morale.
* Virtual Management is a high risk strategy unless corporations are committed, and requires investment in technology as well as in team training.
* Virtual Management means maintaining close working relationships with colleagues in many locations, without the need for as many meetings as traditionally needed.

Old management models are: "if in doubt, go travel to sort it out". But this is highly inefficient in a rapidly growing global organisation. Many corporations are at the limit of what they can manage without huge structural changes, unless they develop a different way of working altogether.

I often find that senior executives are travelling twice as much now as they were two years ago (despite economic problems and 9/11 impact). Many are already spending up to 6 weeks a year at 35,000 feet, not including all the hassles of flying delays, taxis, hotels, and jet lag. So what happens next year? The model of team management followed by most corporations is completely unsustainable and will be a number one survival issue.

Teams that can bridge the distance gap will win a clear competitive advantage - travelling less but with greater impact during each visit, backed up with regular videoconferencing, shared space technologies, chat, e-mail, telephone conference calls and other digital tools. And forget old-style video-links in board rooms. Think wireless, everywhere, anytime, video-links that can start as spontaneously as a telephone call.

Human resources, information technology, corporate real estate - all these areas need to think together about how teams of tomorrow can operate in the most efficient and human - sensitive way.

Virtual Management is vital to corporate growth.

Virtual teams

Virtual people

New working patterns

Visions of future

 


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