They share responsibility for achieving defined

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purpose and performance goals. They share responsibility for achieving defined objectives from a remote work environment. Virtual teams are considered the office of the future. It is about managing people at a distance using technology. Virtual teams produce travel cost reduction of up to 50% with huge gains in team productivity and morale. They can also be considered high risk strategy unless corporations are committed and requires investment in technology as well as in team training. This can mean maintaining close working relationships with colleagues in many locations, without the need for many meetings as traditionally needed(Dixon). Virtual teams are becoming more prominent today because of it being technologically possible and it is saving the corporations money. “The growth we're seeing in virtual work is enabled by digital technology – e-mail, Web conferencing, high-speed Internet connections – but businesses wouldn't encourage virtual work if it didn't have bottom-line benefits," said Tim Reedy, WorldCom vice president of Conferencing Marketing and Finance. "While it may not be right for all the people all the time, in today's global economy, proactively adopting and encouraging virtual work is essential (MCI)." Team members must be able to communicate well and work independently. They also should possess a good work ethic, initiative and creativity (Joinson). This statement fits well with the team role
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