How does time management affect the management of global virtual teams?

Introduction3

Analysis of the Field4

Analysis on Multicultural Management4

Research Topic5

Time Visions and Organizations6

Time Visions and Virtual Teams7

Time Vision and Performance8

Impacts: Examples from Industries8

Impact of Deadlines8

Impact of Team Rhythms9

Impact of Team Rhythms9

Impact of Performance Measures9

Future Research10

Specific areas for Further Study10

Future Directions11

Conclusion11

References12

How does time management affect the management of global virtual teams?

Introduction

The transitions of technology across temporal, organizational, and spatial boundaries foster the growth of Global Virtual Teams. Global Virtual Teams (GVTs) are increasingly becoming popular for varying different factors. Organizations are highly depending upon such virtual teams for the accomplishment of business goals. The required knowledge to look out problems is getting ahead of the single individual capacity. The increasing bandwidth of telecommunication promotes the use of the network to connect inside individuals with the outside individuals of the organization (Gibson & Cohen, 2003). The collaboration and decision making abilities of virtual teams are becoming more effective with the advancement of collaborative technologies such as the example of groupware. The increasing popularity of GVTs explains the importance of understanding former factors that are affecting the way these teams function. Time is one of the prominent factors for the management of global virtual teams.

This research paper the factor of time management that affects Global Virtual Teams (GVTs) as a part of global organizations. This study explains the analysis of field of multicultural management with a brief discussion on important issues related to the field. The selection of research topic with theoretic background information has been justified in the succeeding section. Furthermore, it delivers current theories related to the Global Virtual Teams as it is a new perspective in the field of management. There are particular technologies and industries that have a direct impact on time differences of Global Virtual Teams (GVTs). The impacts either positive or negative are discussed that can be maximized or mitigated respectively. The next section covers the implications of the research that highlights future directions with particular domains for further research. It also covers the potential impact of this topic on the general state of the field with future directions of the research in multicultural management for next three to five years.

Analysis of the Field

Analysis on Multicultural Management

The twenty first (21st) century witnesses a major increase in the varying number of organization with their expanding operations at global space. These organizations formed joint ventures, subsidiaries, and strategic alliances with a push towards 'go global' emanated different internal and external pressures of the organizations (Brett et al., 2006). These organizational forces include:

The desire to become more competitive through fostering innovate products and services in the global market. This effort requires better and faster approach than competitors.

The need to access external markets ahead of their domestic comfort zone.

The requirement of accessing resources of intellectual capital with diverse knowledge across the globe from different parts of the world (Gibson & Cohen, 2003).

The work nature in organizations has commenced to shift from production-based and traditional operations to a more dedicated and service-oriented focus ...