One immediate impact of 2020 is that CEOs and senior executives have had to consider implementing a strategy when the execution teams aren’t physically in the same space. In many cases, business operations severely undermined by COVID-19 have also found response difficult with dispersed delivery and execution capacity.
The promise of vaccines has led to a collective hope that the world may return to normal. The reality is that we are not going back – this is our new normal. Virtual teams, in some form, are here to stay.
But for managers, executives, and staff, expectations have also changed. Staff may be happier at home, but the sudden drop in travel costs and office space is also attractive. Nevertheless, there are still persistent issues with going virtual:
To overcome these hurdles, we must understand the balance between short, medium- and long-term actions. The pandemic has resulted in extreme short-term focus, especially for those in adversely affected sectors like tourism or retail, where rapid adaptation has become necessary. Long-term success will be driven by how organizations adapt and transition from existing structures. In the case of highly structured or complex organizations, there will be varying degrees of difficulty in shifting to more matrix-based working with virtual teams. But even organizations with virtual teams and adaptive cultures will have to change how they act and learn. Therefore, medium- and long-term adaptivity is based on the social capital elements currently present in an organization.
Given the uncertainty, what actions can we take to align virtual teams? This can be broken into a three-step process:
Organizations must explore patterns of communication, collaboration and trust between individuals and teams. Using a company-wide survey of interpersonal dynamics is of great value, eliminating intuition and guesswork.
Every organization has its formal structures. But traditional organizational charts do not represent true interactions between individuals and teams. Network Centrality® is our innovative tool that explores the patterns of communication, collaboration and trust between individuals and teams. It looks holistically at an organization instead of focusing on individual employees. By analyzing and visualizing the formal and informal relationships in your organization, it helps you identify where your network structure needs to be improved and how to allocate resources effectively.