Share

By Peter Giffen

“If you’re not familiar with the idea of ‘distributed teams’ – or virtual teams – yet, you will be soon,” says Michael Hershfield bluntly. The vice president of product and commercialization at WeWork points out that distributed teams—composed of employees who work remotely, rather than at a centralized, physical headquarters—are on the rise, especially among small- and medium-sized businesses, between 11 to 999 employees.

The move to partially and fully distributed teams is driven by the growing competition to attract and retain the best talent, the increasing number of workers entering the gig economy, the need to find new cost savings and work efficiencies…

Related Post
Entering the Age of Corporate Social Justice, Raising the Bar

[HBR] Research has shown that companies with effective Corporate Social Responsibility (CSR) programs are more profitable than those that aren’t. Over Read more

Retailers Are Important Players in Reducing Food Waste

If we want to reduce food waste, we need consumer-led solutions — which can be sparked by retailers. Brands, manufacturers Read more

A Bright Energy Future Beckons Many Developing Nations

Africa is a vast and diverse continent with great untapped economic potential, yet extreme poverty continues to blight the lives Read more

Share
Show Comments

Leave a Reply

Your email address will not be published. Required fields are marked *