(From PRNewswire) -- A research survey conducted by consulting firm
Chronos Consulting has found that more companies in the U.S. and
worldwide are utilizing virtual teams to reduce costs, enhance
productivity and attract wider talent pools in today's volatile
economic and political environment.
Companies headquartered in the United States and Canada, and from
industries such as financial services, oil & gas, telecom,
cable, call center operations, consulting and transportation,
responded to the survey. This cross-industry research survey
identifies the top 8 benefits to organizations by using virtual
teams as well as the challenges in utilizing them and provides
compelling insight and practical recommendations to senior managers
tasked with managing human resources and organizational change. It
focused primarily on the HR function, but also included the
operations and information technology functions at their points of
intersection with HR, particularly when utilizing virtual teams.
"Our survey was designed to identify the challenges, trends and
opportunities provided by virtual teams for cross-industry
organizations in North America, especially when dealing with
organizational and human resource restructuring," said Imaad
Mahfooz, Managing Principal of Chronos Consulting. "Our goal is to
use these results to answer questions like how the virtual team
model should be applied to business and what are the top benefits
of deploying these teams."