Navigation Links
Work around the Clock: How Global Virtual Teams Are Re-Defining the Productivity Paradigm for Leading Companies

CHAPEL HILL, N.C., March 29, 2013 /PRNewswire/ -- With more than one-third of employees working on at least one virtual team, it is critical for global organizations to find ways to overcome the hurdles of working virtually. Global companies are now investing resources in finding ways that will help employees work better together across time zones, differing cultures, and with conflicting workplace practices. While there are many places to misstep in the process of becoming global, leaders must examine which best practices are necessary and beneficial in order to achieve global operational excellence.

According to Best Practices, LLC's primary research study, "Building Global Capability: Creating and Maintaining Effective Global Teams," even global teams with established common processes and online tools can still suffer from failures and disappointments. Despite this, virtual teams can ultimately provide a company access to diverse skill sets and expertise, knowledge and wisdom about emerging markets, and round-the-clock business hours for efficiency.

In order to determine which best practices global leaders are implementing in order to create successful virtual teams, Best Practices LLC drew from extensive primary research that was completed with 59 executives from 56 leading companies. The full 56-page benchmarking report contains more than 100 metrics and 10 executive narratives, providing executives with global responsibility the tools, practices and techniques to help virtual teams work better together and achieve strategically aligned objectives.

Key topics of this primary research include:

  • Why companies establish global teams
  • How companies measure progress toward globalization
  • Tools and practices that accelerate progress
  • Practices that facilitate working with other cultures, time zones and workplaces
  • How progress of individual global teams is measured
  • Top improvement objectives for global teams
  • Key lessons learned for managing global teams
  • The biggest pitfalls to avoid in global team management

To learn more about this report, download a complimentary excerpt at For more information on other recent primary research studies, contact us at 919.403.0251 or visit our website at

Best Practices, LLC is a leading benchmarking, consulting and advisory services firm serving biopharmaceutical and medical device companies worldwide. Best Practices, LLC's clients include all the top 10 and 48 of the top 50 global healthcare companies. The firm conducts primary research and consulting using its comprehensive proprietary benchmarking tools and analysis. The operational insights, findings and analysis form the basis for our Benchmarking Reports, databases and advisory services to support executives in commercial and R&D operations. Best Practices, LLC believes in the profound principle that organizations can chart a course to superior economic performance by studying the best business practices, operating tactics and winning strategies of world-class companies.

SOURCE Best Practices, LLC
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. IFHP Study Reveals Disparity In Medical Costs Around The Globe
2. NABP Leads the Charge as States Tighten Ranks Around Compounding Pharmacies
3. Study Examines Smart Pharma Strategies for Effective Messaging around New Products and the Medical Conditions they Treat
4. Global pharmaceutical industry calls for broad-based cooperation to fight online sales of counterfeit medicines around the world
5. Millions Around the World to Have Access to Low-Cost HIV Test by 2013
6. G-CON Manufacturing and Howorth Air Technology Announce Global Collaboration
7. Intarcia Enrolls First Patients in "FREEDOM" Global Phase 3 Program for ITCA 650 in Type 2 Diabetes
8. Galderma, One of the Leading Pharmaceutical Companies, Relies on Verizon Enterprise Solutions to Provide Expanded, Secure Global Communications Platform
9. Financial Assessment of the Global Pharmaceutical and Biotechnology Industry
10. Radiofrequency Ablation Devices Market for Pain Management is Expected to Reach USD 1.0 Billion Globally in 2018: Transparency Market Research
11. Global Biosimilars Market - Products, Applications and Regulations
Post Your Comments:
(Date:11/24/2015)... iRhythm Technologies, Inc. , a leading digital health care solutions ... participate in the 27th Annual Piper Jaffray Healthcare Conference at The ... . Kevin King , Chief Executive Officer of iRhythm, ... ET. --> --> About ... . --> iRhythm is a privately held digital ...
(Date:11/24/2015)... , Nov. 24, 2015 Teledyne DALSA ... X-Ray image sensing technology, will introduce its CMOS X-Ray ... Exhibition , November 29 to December 3, at McCormick Place ... dynamic detectors for diagnostic and interventional imaging will be on ... Xineos family of advanced CMOS X-Ray detectors is the ...
(Date:11/24/2015)... The uptake of recently approved and pipeline premium products for Type 1 ... 2021, says GBI Research . --> ... Diabetes Mellitus (T1DM), will be a key driver of market growth to ... The uptake of recently approved and pipeline premium products for Type ... to 2021, says GBI Research . ...
Breaking Medicine Technology:
(Date:11/24/2015)... ... November 24, 2015 , ... Dehydration, defined as a loss of body water ... the hot sun, and heat stroke and death will quickly follow. A normal human ... Kleyne. Every cell, system and structure requires water to function properly. Kleyne, who believes ...
(Date:11/24/2015)... ... November 24, 2015 , ... ... the only authorized OSHA Training Institute Education Center in Northern California, is calling ... holiday season’s major sales events. As the volume of sales and shoppers ...
(Date:11/24/2015)... ... 2015 , ... Add a fresh touch to this year’s holiday festivities with ... bring long-lasting style and cheer to any space. , Holiday plants are more than ... on giving all year long. , “Holiday plants make a room come alive,” says ...
(Date:11/24/2015)... ... November 24, 2015 , ... Take the audience on a journey with TransFrame Cloud ... through a cloud of images without ever setting a single keyframe in Final Cut Pro ... Then use the controls to change the angle and depth of field to create a ...
(Date:11/24/2015)... ... November 24, 2015 , ... The national nonprofit, United Breast ... scheduled for released during the Green Bay Packers vs the Chicago Bears Thanksgiving ... UBCF is honored to be a part of this event, increasing awareness of ...
Breaking Medicine News(10 mins):