Leverage virtual team challenges for growth

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Leverage virtual team challenges for growth
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• Hiring a third-party outsourcing specialist helps
  you in cost reduction and saves ample of your
  time.
• Our views are matched by an article in
  Borderlessmind when they mention the upcoming
  benefits of outsourcing.

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Benefits of outsourcing

• Hires from different time-zones
• When people from different geographies and
  cultures come together, the remote teams get a
  chance to bring a fresh set of eyes to the tables
  and meet your business challenges by reaching out
  to a broader audience.
• Round the clock operations
• Your internal team gets a head start when they
  work the next day. Remote team can undertake a
  variety of services from records retrieval to
  database management. You may be required to brief
  and enjoy the quick deliverables.

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Benefits of outsourcing

• Ideas and innovation
• Hiring a back-office specialist will allow you to
  focus on idea building, planning and execution,
  while the remote team will handle the non-core
  activities of your business and lets you
  effectively use your time.
• Access a larger talent pool
• Finding the right match as your outsourcing
  partner will let you open a wide pool of
  opportunities as you will now work with a team of
  specially qualified, industry-specific trained,
  self-driven and experienced remote workers.

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Benefits of outsourcing

• Reduce your overheads
• With the remote work handling their side of
  operations from across the sea, you need not
  incur non-business expenses but may have to take
  measures to satisfy your internal teams, but your
  remote teams are beyond all that.
• No risk of project delays
• Hiring a remote team is equivalent to hiring a
  trusted vendor delegating a project to a team
  at a reduction of cost. The absence of a member
  in your remote team will not affect the
  deliverable target of your business.

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• When you expand your business or need some
  support you always want to have some way to save
  on costs.
• So, what are the challenges, concerning records
  retrieval, recruitment, accounting and digital
  marketing, due to which companies do not prefer
  remote working?

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Challenges
Record Retrieval

• Law firm agencies, medical companies and
  insurance companies might seldom need help to
  recover large numbers of records in a short span
  of time.

• Miscommunication
• Due to a lack of proper communication channels,
  the team (remote team or internal team) may
  collect improper input.
• Tracking work
• Even while working remotely, you might want to
  know what the team is working on and what their
  productivity is!

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Challenges
Recruitment

• The remote work environment recruitment process
  may increase the number of issues related to
  outsourcing compared to internal teams.

• Building trust
• Trust and being transparent is the biggest
  challenge when you contact outsourcing
  recruitment process.
• Managing hires
• RPO requires on-point communication,
  understanding with the client candidates, which
  might get difficult.

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Challenges
Accounting

• Many are concerned about the challenges of
  accounting outsourcing services you may have to
  overcome to understand the benefits associated
  with outsourcing.

• Scheduling difficulties
• One of the biggest challenges faced by accounting
  services is scheduling meetings or phone calls to
  resolve difficulties.
• Trust in transferring documents
• As outsourced accountants offset their duties,
  there is a lot of data transfer which might put
  financial data at risk.

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Challenges
Digital Marketing

• Not only do you need people who understand the
  world of marketing, but you also need people who
  understand the essence of your brand.

• Company culture
• Takes time to cultivate business culture hiring
  the right employees, fostering healthy
  communication throughout the team.
• Scheduling periodic one-on-one
• Meetings are a hassle to know the regular updates
  of the market, the customer tastes and lead
  generation if any.

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The solutions

• Managing a remote team is very challenging, so as
  to make the teams feel like they are working
  towards the same goals.
• These are the strategies as suggested by Time
  Doctor on overcoming the common challenges and
  move on to enjoy the benefits.

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Communication To not face miscommunication or
feel any obstacles while interacting with remote
teams, set up a fixed dedicated schedule for the
calls meetings. It is advisable to use instant
messaging applications for quick redressal.
Tracking work To avoid discrepancies in work,
the idea is to set clear goals and use tools like
Google calendars, Zoho. With your virtual team in
a different location, you must reinforce work
standards and responsibilities across the board.
Company culture Company culture is developed
over time and hiring a remote team may feel like
a setback. Consider developing company culture
via periodic calls and regular catch-up sessions
to make them feel involved as your team.
Building trust security We know that data
leak is a risk, but the risk is not dependent on
the geographical location of your team but on the
professionalism of your people. Remote teams are
fully-functioned offices following strict
security measures.
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It may seem difficult to thrive in a remote work
environment, but it is not impossible. To learn
in detail about the solutions, read our blog.
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Thank You!

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