Virtual organizations
Virtual organization
A task, project, or permanent organization that is decentralized and independent of any spatial connection
Quality
Accuracy of solution
Profitability
Revenues must exceed cost
Efficiency
Solution is produced with minimum input
Culture, Analytics, Social, Technology
Four building blocks for a successful virtual organization
Temporary virtual organization
Multiple functions responding to a market opportunity
Virtual project
Multiple organizational representatives working on specific tasks
Knowledge worker
Someone who actively seeks new solutions to problems
Virtual team
Teams on specific and ongoing tasks
Boundedness
Tightly bounded work unit
Professional groups, Product related work
Two classifications of knowledge workers
Virtual team, Virtual project, Temporary virtual organization, Permanent virtual organizational
Typology of virtual organizations
Quality of wok life
Under such conditions which help and encourage workers to do their best
Networking
Use of ICTs to improve the efficiency of, and potential for, gathering and sharing information
Networking, Restructuring, Development of a learning organizational culture
Virtualization activities
Higher value of organization, Person intensive, Meet client's needs
Features of organization
Knowledge organization
Knowledge is considered as commodity and the main input is information and the product is usually compoased of a plan or an advice
Development of a learning organizational culture
Knowledge is shared across cultural and time-space boundaries
Analytics
Monitor, measure and adapt social interactions
Knowledge workers
People who work their way through information, solve problems and make plans
Effectiveness, Efficiency, Quality, Productivity, Quality of work life, Innovations, Profitability
7 criteria for overall performance of an organization
Social
Primary communication vehicle, Used for exchange of information, transactions, and interactions
Vision for social enterprise, Develop digital village plan, Execute on the plan by partnering, Measure and adapt for optimal outcomes, Executives are aware of the they need to know
Strategies employed by virtual organizations
Culture
Stresses openness and experimentation, and emphasizes the necessity of community
Technology
Supporting infrastructure
Restlessness
The acceptance of change in organizational practices and customs
Innovations
As long as to construct new and better solutions to problems rather than mechanically apply old ones
Dispersion
At least multiple locations and, moreover, multiple local cultures and languages
E-accelerator case
Build tools for strategic performance measurement system, Used action-research method, eTampere, To venture capital funding for customer companies and to give advice about economical, managerial and technological issued
Empowerment
Division of responsibility across the network
Permanent virtual organization
Full functionality as a virtual organization
Effectiveness
Having the right solutions on the right scale to a problem
Interdependence
Individual members of a network must cooperate in order to gain synergy benefits
Permeability
Information and resource flows across boundaries are regulated
Interface
Interactions that occur at the boundaries between work units
Interface, Permeability, Boundedness
Work unit bounaries
Virtualization
The transition period when traditional organizations coexist, and sometimes conflict with virtual arrangements
Restructuring
Uses networking opportunities to enable more complex organizational forms, which offer greater operational cost flexibility
Flexibility, Innovation, Collaborations
Changes in society
Dispersion, Empowerment, Restlessness, Interdependence
Characteristics of virtual organization
Skilled worker
Not expected to develop new methods to do their work
Productivity
Number output
Digital world
Build and nurture true internal communities
