Far-Flung Teams Increase Intellectual Capital
The myth surrounding far-flung teams is that cost is their driver. Our study [1] found that the real benefit comes from the intellectual capital that virtual work makes available. Team leaders described their efforts as "revolutionary" in regard to innovation, new processes, and new business ventures. The efficiency of "always-on" work processes took advantage of people's penchant for staying put -- the ease of working at any time rather than always waiting for face-to-face meetings. Why put people through the stress of travel when they can work more effectively by staying where they are?
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