Leverage virtual team challenges for growth

1. Leverage virtual team challenges for growth

2. Hiring a third-party outsourcing specialist helps you in cost reduction and saves ample of your time. Our views are matched by an article in Borderlessmind when they mention the upcoming benefits of outsourcing.

3. Benefits of outsourcing Hires from different time-zones When people from different geographies and cultures come together, the remote teams get a chance to bring a fresh set of eyes to the tables and meet your business challenges by reaching out to a broader audience. Round the clock operations Your internal team gets a head start when they work the next day. Remote team can undertake a variety of services from records retrieval to database management. You may be required to brief and enjoy the quick deliverables.

4. Benefits of outsourcing Ideas and innovation Hiring a back-office specialist will allow you to focus on idea building, planning and execution, while the remote team will handle the non-core activities of your business and lets you effectively use your time. Access a larger talent pool Finding the right match as your outsourcing partner will let you open a wide pool of opportunities as you will now work with a team of specially qualified, industry-specific trained, self-driven and experienced remote workers.

5. Benefits of outsourcing Reduce your overheads With the remote work handling their side of operations from across the sea, you need not incur non-business expenses but may have to take measures to satisfy your internal teams, but your remote teams are beyond all that. No risk of project delays Hiring a remote team is equivalent to hiring a trusted vendor & delegating a project to a team at a reduction of cost. The absence of a member in your remote team will not affect the deliverable target of your business.

6. When you expand your business or need some support you always want to have some way to save on costs. So, what are the challenges, concerning records retrieval, recruitment, accounting and digital marketing, due to which companies do not prefer remote working?

7. Record Retrieval Law firm agencies, medical companies and insurance companies might seldom need help to recover large numbers of records in a short span of time. Miscommunication Due to a lack of proper communication channels, the team (remote team or internal team) may collect improper input. Tracking work Even while working remotely, you might want to know what the team is working on and what their productivity is! Challenges

8. Recruitment The remote work environment recruitment process may increase the number of issues related to outsourcing compared to internal teams. Building trust Trust and being transparent is the biggest challenge when you contact outsourcing recruitment process. Managing hires RPO requires on-point communication, understanding with the client & candidates, which might get difficult. Challenges

9. Accounting Many are concerned about the challenges of accounting outsourcing services you may have to overcome to understand the benefits associated with outsourcing. Scheduling difficulties One of the biggest challenges faced by accounting services is scheduling meetings or phone calls to resolve difficulties. Trust in transferring documents As outsourced accountants offset their duties, there is a lot of data transfer which might put financial data at risk. Challenges

10. Digital Marketing Not only do you need people who understand the world of marketing, but you also need people who understand the essence of your brand. Company culture Takes time to cultivate business culture & hiring the right employees, fostering healthy communication throughout the team. Scheduling periodic one-on-one Meetings are a hassle to know the regular updates of the market, the customer tastes and lead generation if any. Challenges

11. The solutions Managing a remote team is very challenging, so as to make the teams feel like they are working towards the same goals. These are the strategies as suggested by Time Doctor on overcoming the common challenges and move on to enjoy the benefits.

12. Communication To not face miscommunication or feel any obstacles while interacting with remote teams, set up a fixed dedicated schedule for the calls & meetings. It is advisable to use instant messaging applications for quick redressal. Tracking work To avoid discrepancies in work, the idea is to set clear goals and use tools like Google calendars, Zoho. With your virtual team in a different location, you must reinforce work standards and responsibilities across the board. Company culture Company culture is developed over time and hiring a remote team may feel like a setback. Consider developing company culture via periodic calls and regular catch-up sessions to make them feel involved as your team. Building trust & security We know that data leak is a risk, but the risk is not dependent on the geographical location of your team but on the professionalism of your people. Remote teams are fully-functioned offices following strict security measures.

13. It may seem difficult to thrive in a remote work environment, but it is not impossible. To learn in detail about the solutions, read our blog.

14. Thank You! Got Questions? www.technomine.biz