7 essentials for managing virtual teams one pager 2
1. A virtual team is comprised of two or more people, operating
via electronic communication in a geographically disperse
environment. Increasingly, companies are realizing the
benefits of virtual teams via diverse talent, innovative
perspectives and cost savings. The ongoing challenge is that
research suggests that 70% failure rate of virtual teams is not
uncommon. This mass failure rate tends to occur because
managers focus 90% of their time on technology and only 10%
of their time on the people. Managers are given projects and
goals with limited attention paid to engaging people in an
ongoing fashion.
The 7 Essentials for Managing Virtual Teams (University
Readers, 2010) provides a model to increase virtual team
success rates. It is based on the scientific research,
corporate best practices, lessons from virtual team leaders
and practical field experience. By focusing 90% of time on
people and 10% on technology, Virtual Team Managers can
achieve unlimited success. In utilizing the 7 Essentials
model, Virtual Team Managers create meaningful
connections across their team that produces long-term
success.
Virtual Teams Accelerate Advantage
Increased ability to tap into a global talent
for mission-focused activities
Targeted business enterprise projects
tested within a pilot-oriented environment
Integrated proving ground for revolutionary
product and service advancements
Ongoing outpost for the business
enterprise to launch differentiated
strategies
Enhanced mission driven culture potentially
replicated for organization implementation
Advanced financial savings via downsizing
brick and mortar requirements
Improved company image through stronger
environmental position
Areas of Expertise
Virtual Team Management
Organizational Development
Leadership Development
Talent Management
7 Essentials for Managing Virtual Teams
Dana E. Jarvis, MPA, MSW, 412.855.5369, djarv4@gmail.com
Maximizing
Technology
Embracing
Dynamic
Change
Proactively
Engaging
Employees
Accelerating
Peak
Performance
Establishing &
Executing
Purposeful
Goals
Stimulating a
Culture of
Excellence
Building &
Sustaining
Trust
7 Essentials
for Managing
Virtual Teams
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