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How Virtual Teams Can Outperform Traditional Teams Featuring Keith Ferrazzi, a foremost expert on professional relationship development and author of Never Eat Alone and Who's Got Your Back? SEPTEMBER 26, 2012 Sponsored by
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Virtual Vs. Traditional Teams

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Page 1: Virtual Vs. Traditional Teams

How Virtual Teams Can Outperform Traditional Teams

Featuring Keith Ferrazzi, a foremost expert on professional relationship development and author of Never Eat Alone and Who's Got Your Back?

SEPTEMBER 26, 2012Sponsored by

Page 2: Virtual Vs. Traditional Teams

Questions?

SEPTEMBER 26, 2012

Text questions and comments

Page 3: Virtual Vs. Traditional Teams

Follow the Conversation on Twitter

SEPTEMBER 26, 2012

Use #HBRwebinar

@HBRExchange

Page 4: Virtual Vs. Traditional Teams

How Virtual Teams Can Outperform Traditional Teams

Featuring Keith Ferrazzi, a foremost expert on professional relationship development and author of Never Eat Alone and Who's Got Your Back?

SEPTEMBER 26, 2012

Page 5: Virtual Vs. Traditional Teams

Today’s SpeakerKeith Ferrazzi, a foremost expert on professional relationship development and author of Never Eat Alone and Who's Got Your Back?

SEPTEMBER 26, 2012

Page 6: Virtual Vs. Traditional Teams

Virtual WorkplaceHBR Webinar, September 26, 2012Keith Ferrazzi, CEO Ferrazzi Greenlight

6

Page 7: Virtual Vs. Traditional Teams

@keithferrazzi

Facebook.com/KeithFerrazzi

@keithferrazzi

Facebook.com/KeithFerrazzi

How we arrived at the new

“People Rules” in an increasingly virtual world

Page 8: Virtual Vs. Traditional Teams

1. Close but Far Apart2. How to Build Real Trust in a

Virtual Environment3. Collaboration in a Virtual

Environment4. How to Avoid Virtual

Miscommunications5. The Virtual Reality of

Workplace Conflicts

6. Dispersed Teams Can Outperform Co-Located

7. The Right Way to Run a Virtual Meeting

8. Evaluating Employees Who Can’t Be Seen

9. Off-Sites Should Go Virtual10. The Future of the Virtual

Workplace

Page 9: Virtual Vs. Traditional Teams

WHEN TEAMS ARE CLOSE BUT FAR APART

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@keithferrazzi

Facebook.com/KeithFerrazzi

VIRTUAL DISTANCE� Physical Distance

� Operational Distance

� Affinity Distance

Page 11: Virtual Vs. Traditional Teams

@keithferrazzi

Facebook.com/KeithFerrazzi

AFFINITY DISTANCE has the greatest effect on innovation, trust, learning, and other team outcomes.

Page 12: Virtual Vs. Traditional Teams

@keithferrazzi

Facebook.com/KeithFerrazzi

Teams that have high VIRTUAL DISTANCEsuffer: � a 90% drop in innovation

effectiveness� more than 80% plunge in

trust� 60% decline in finishing

projects on time and within budget

Page 13: Virtual Vs. Traditional Teams

@keithferrazzi

Facebook.com/KeithFerrazzi

BEST PRACTICES TO MINIMIZE VIRTUAL DISTANCE

Don’t overestimate the impact of physical distance

Avoid being penny-wise but pound-foolish

Go for the low-hanging fruit

Leverage small changes into large effects

Page 14: Virtual Vs. Traditional Teams

HOW TO BUILD REAL TRUST IN A VIRTUAL ENVIRONMENT

Page 15: Virtual Vs. Traditional Teams

@keithferrazzi

Facebook.com/KeithFerrazzi

TRUST can be actively accelerated and maintained on virtual teams even when they have to be assembled on the fly from employees across the globe.

Page 16: Virtual Vs. Traditional Teams

@keithferrazzi

Facebook.com/KeithFerrazzi

BEST PRACTICES TO BUILD TRUST IN A VIRTUAL ENVIRONMENT

Leverage “swift trust”

Proactively build interpersonal trust

Communicate with predictability

Share and rotate power

Page 17: Virtual Vs. Traditional Teams

COLLABORATION IN A VIRTUAL ENVIRONMENT

Page 18: Virtual Vs. Traditional Teams

@keithferrazzi

Facebook.com/KeithFerrazzi

COLLABORATIONcan be difficult when team members work for different companies, are essentially strangers to one another, and have different cultural and professional backgrounds.

Page 19: Virtual Vs. Traditional Teams

@keithferrazzi

Facebook.com/KeithFerrazzi

BEST PRACTICES FOR VIRTUAL COLLABORATION

Adjust for size

Don’t be afraid of Social Media

Play games

Train for collaboration

Have role clarity but task uncertainty

Page 20: Virtual Vs. Traditional Teams

HOW TO AVOID VIRTUAL MISCOMMUNICATIONS

Page 21: Virtual Vs. Traditional Teams

@keithferrazzi

Facebook.com/KeithFerrazzi

In the virtual workplace, where people regularly rely on e-mails, IMs, and phone calls instead of face-to-face-interactionsMISCOMMUNICATIONS are bound to happen

Page 22: Virtual Vs. Traditional Teams

@keithferrazzi

Facebook.com/KeithFerrazzi

BEST PRACTICES FOR VIRTUAL COMMUNICATIONS

Fight the “illusion of transparency”

Speak the right “language”

Amplify the signal

The medium is (partly) the message

Respond promptly

Avoid the status symbol of sloppy emailing

Expect problems

Page 23: Virtual Vs. Traditional Teams

THE VIRTUAL REALITY OF WORKPLACE CONFLICTS

Page 24: Virtual Vs. Traditional Teams

@keithferrazzi

Facebook.com/KeithFerrazzi

Unresolved employee

CONFLICTS are all the more dangerous in a virtual environment, where people don’t have the luxury of proximity to work their differences out face-to-face.

Page 25: Virtual Vs. Traditional Teams

@keithferrazzi

Facebook.com/KeithFerrazzi

BEST PRACTICES TO AVOID & MANAGE

VIRTUAL CONFLICT

Create a virtual site as the team’s primary focal point

Always use the virtual workspace for important issues

Protect the privacy of the team

Assign a “point person” for each issue

Diverge then converge

Page 26: Virtual Vs. Traditional Teams

HOW DISPERSED TEAMS CAN OUTPERFORM CO-LOCATED ONES

Page 27: Virtual Vs. Traditional Teams

@keithferrazzi

Facebook.com/KeithFerrazzi

If managed properly virtual teams can actually

OUTPERFORMtraditional co-located groups

Page 28: Virtual Vs. Traditional Teams

@keithferrazzi

Facebook.com/KeithFerrazzi

BEST PRACTICES TO MAXIMIZE

PERFORMANCE OF VIRTUAL TEAMS

@keithferrazzi

Facebook.com/KeithFerrazzi

Put processes in place

Communicate less – but in the right ways

Keep conflicts focused on tasks

Page 29: Virtual Vs. Traditional Teams

THE RIGHT WAY TO RUN A VIRTUAL MEETING

Page 30: Virtual Vs. Traditional Teams

@keithferrazzi

Facebook.com/KeithFerrazzi

When conducted properly

VIRTUAL MEETINGS can be both efficient and effective, even more so than face-to-face meetings

Page 31: Virtual Vs. Traditional Teams

@keithferrazzi

Facebook.com/KeithFerrazzi

BEST PRACTICES TO MAXIMIZE THE

IMPACTOF VIRTUAL MEETINGS

Use video

Do a “Take 5”

Assign different tasks

Forbid the use of the “mute” function

Penalize multi-taskers

Page 32: Virtual Vs. Traditional Teams

EVALUATING EMPLOYEES WHO CAN’T BE SEEN

Page 33: Virtual Vs. Traditional Teams

@keithferrazzi

Facebook.com/KeithFerrazzi

EVALUATIONof virtual work can not be based on “where” & “when”.

Managers must concentrate on “what” & “how.”

Page 34: Virtual Vs. Traditional Teams

@keithferrazzi

Facebook.com/KeithFerrazzi

BEST PRACTICES FOR THE

EVALUATIONOF VIRTUAL WORK

Don’t focus solely on results

Beware unintended consequences

Engage the disengaged

Forget about employee self-evaluations

Level the playing field

Page 35: Virtual Vs. Traditional Teams

WHY OFF-SITES SHOULD GO VIRTUAL

Page 36: Virtual Vs. Traditional Teams

@keithferrazzi

Facebook.com/KeithFerrazzi

Videoconferencing and other virtual technologies give us better ways to

conduct STRATEGIC OFF-SITE MEETINGS.

Page 37: Virtual Vs. Traditional Teams

@keithferrazzi

Facebook.com/KeithFerrazzi

FORMULAFOR PLANNING A VIRTUAL OFF-SITE MEETING

Communicate

Engage

Finalize

Cascade

Motivate

Page 38: Virtual Vs. Traditional Teams

THE FUTURE OF THE VIRTUAL WORKPLACE

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@keithferrazzi

Facebook.com/KeithFerrazzi

TECHNOLOGY will

transform the FUTUREof the virtual organization.

Page 40: Virtual Vs. Traditional Teams

Questions?

SEPTEMBER 26, 2012

Text questions and comments

Page 41: Virtual Vs. Traditional Teams

Thank you for joining us!

SEPTEMBER 26, 2012

This webinar was made possible by the generous support of Citrix GoToMeeting.

Sponsored by