Introduction
A virtual organisation can be termed as an organisation where the members are geographically apart from each other and work by using information technology for the purpose of supporting work and communication. Further, it does not show the attributes of the firm but is considered as a kind of different organisation. The present report is based on understanding the concept of organisation which helps the employees to get different opportunism at the time of working (Bal, Lashari and Nabavieh, 2014). Further, it also covers the various benefits of virtual organisation which make the job as well as employees more effective as well as efficient in their work. Moreover, there are different types of challenges faced in virtual organisations such as dilemmas of strategic planning, loss of control along a requirement for appropriate managerial skills. In this type of organisation, there is a requirement for appropriate knowledge of technologies which can be properly utilised at the time of managing different activities of the business. This report also explained the different strategies which help in promoting the success of virtual organisations so that it helps a company to be aware of people regarding the organisation.
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Main Body
Virtual organisation refers to an organisation that involves separate and circular entities with appropriate information technology that helps in work as well as communication. It is a connection of cooperation made with the help of information and communication technology that is flexible for meeting the changes in the market. Furthermore, it is regarded as a social network which helps in removing the horizontal and vertical boundaries so that it is considered as boundary less organisations. In this, an individual working out of the physically dispersed areas or working from mobile devices and not bound with any particular space of work. Through information and communication, technology helps coordinate the activities and combines the workers and their skills for achieving the goals and objectives which are set by the virtual organisation (Börjesson, Elmquist and Hooge, 2014). All of the activities are controlled and coordinated through the network lines by the manager of the company.
However, while considering the different issue of flexibility which provides various options such as job sharing, and home-based work. There is one of the most significant issues which includes the flexibility for responding the changes it can be internal as well as external which helps in determining the extent of control and the autonomy amount which can be imposed by the virtual organisation on their members. It is considered as those type of companies whose employees do work from home and interaction with the workplace can be done with the help of computers. For example, there are some of the companies which use some kind of telecommuting are Coherent Technologies, Dow Chemicals etc. These types of organisations which is characterized by the outsourcing of competencies and the different areas of outsourcing cover human resources, research and development along sales and marketing. For instance, the performance of Nike is very well in marketing as well as product design so which is based on the outsources of information technology for maintaining the inter-organisational coordination (Gibbs, Sivunen and Boyraz, 2017). This type of company can be described as an organisation which are without walls and highly connected to a huge network of suppliers, customers and joint venture partners.
In addition to this, the management of the virtual organisation can be analysed through human issues and technical issues. For instance, there are different experiences and cultures play an important role in collaboration. Other than this, communication among the partners along with the planning.
In the modern era, virtual organisations are considered as some of the most effective ways to increase the activities of a business. This type of organisation is used to describe the network of independent firms which join together for the purpose of producing goods and services. The main aim of virtual organisations is to give innovative and high-quality products to respond to the demands of customers. This organisation creates new linkages, and advanced information technology is considered an important element which is the key or success of the virtual org