Virtual Organization Case Study

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3. Virtual organization
If we consider an intelligent organization as a business entity, then it differs from other businesses in a sense that its employees have the status of business partners and participate in the decision making. Now, due to communication technology improvements and continued globalization, we have moved away from working with people who are in our visual proximity to working with people around the globe [8].
There are many definitions aspiring to fully explain the newest form of business organization: “virtual team is used to cover a wide range of activities and forms of technology-supported working, [9] or “virtual teams are groups of geographically, organizationally and/or time dispersed workers brought together by information technologies to accomplish one or more organizational tasks”[10]. A …show more content…

Conclusion:
New communication and information technologies have enabled the emergence of efficient, flexible and temporary organizational structures. Virtual organization is gradually becoming a part of reality, development of which has been based on the conjunction of information and communication technologies.
The starting position for product development activities in the virtual organization consists of people from different functions and companies that do not have a previous history of working together. Given that virtual organizations are usually short-lived (lasting until the end of the set business objectives), the people who are involved in virtual social networks do not have enough time to realize the mutual connection of trust and experience, so there is concern that such a network does not lead to the exchange of knowledge, experiences and beliefs.
How are the employees managing in the midst of all this? Are they motivated by a new form of work engagement? The value and effectiveness of the human-technology partnership which is manifests in the virtual forms of business is accepted as an economically viable way of doing

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