Virtual management

Virtual management seeks to separate certain responsibilities of managers from the actual site of production, the workers and resources at that site. It orients managers more directly to the needs of a service economy[?] - wherein "commodity" and "product" relations are no longer a source of sustainable competitive advantage, due to global competition or inability to predict liability.

It's major advantage, according to supporters, is to focus on the customer and the value chain[?] from which the customer derives value. It's major drawback, according to detractors, is that commodity and product relations "outsourced" to developing nations do tremendous harm. Others see benefits, but note that it tends to specialize these nations, as under colonialism, when they fed "natural resources" and "human resources" to developed nations, into narrow and limited supply roles.

While seeking organisational effectiveness in the current capitalist mode of production, especially profit-making organisations are increasingly recognising the competitive advantage of concentrating on their core competences and outsourcing all or most of other operations. Another economical driving force is the shift from traditional consumerism to Customer relationship management (CRM). Companies try to introduce products to potential customers earlier in their life and then try to keep them as customers as long as possible. In addition, companies may consult users for research and development purposes to increase customer satisfaction.

These operations may also be more project-based, involving organisations that may or may not formally belong to any of the units involved. All this creates new kinds of interlinked networks of suppliers, buyers, producers and customers, where the factors of production are being acquired as conveniently as possible to make deliverables that can be seamlessly supplied to the people who need them, to where and when they need them.

These networks are called Virtual Organizations[?]. They may consist of any form and number of people of individuals, teams, companies and / or stakeholders, managed from one clear point with and organised long-term strategy or conjured up in an ad hoc style to solve a particular problem with a few hours' time scale. People working in these organizations can be seen as virtual workers, and leaders as virtual managers, depending on their involvement and location in time and space.

Further, Virtual Management becomes easier in the current information-intensive work, as information itself has becfome the new factor of production. Raw data can be conveniently mined, processed and sold as information, which in turn can function as raw material or end product for others, depending on the importance, accuracy and timeliness of that information. Advanced Services[?], including insurance houses, financial institutions, advertising, real estate, consulting, marketing, PR, security, management of information systems, and news and entertainment publishers, are at the core of these operations. On the other hand, any company, however traditional in its field of business, can be seen as virtual, if it is

  • Spatially decentralised, having suppliers, managers, employees and customers in a large geographical area
  • Temporally dispersed, having the above also on several time zones
  • Technologically harnessed, as it is the newest technology that has created the "explosion" of virtually interlinked global players.

Due to this, employees in these companies may commute to their local workplaces every day, or they may work distantly from one or several places, or they can be completely mobile, as some sales representatives might do. All this creates an increasing need to communicate, through technology, with customers and other employees that the employee might never meet. The workers might also be members of virtual teams[?], consisting of experts in different countries, some of them belonging to the physical organisation and some of them not, having an objective to fulfil, for example a product concept development. The members of this team might meet physically at some point, or they might never do it, depending on their virtual working skills and availability of technology enabling sensible communication.

Where there are virtual organizations, there is also virtual management, which is thus about

  • Managing organisations from a different place
  • Managing organisations from a different time
  • Managing something that isn't part of your organisation
  • Something that is almost like management, but not quite (when referring to the term virtual reality) - or "more management than there actually is" (referring to the term virtual memory).1
  • Managing by using technology (because traditional management doesn't necessarily require tech)
  • Managing organisations by sending people out there physically to do it for you (referring to colonialism, which the anti-globalization movement claims as a form of VM)
  • Any combination of the above

1There is potential for a joke here: "Almost like management, but not quite"? You mean "Managing, but not quite succeeding in it?". Seriously, if virtual management isn't traditional management, what is it then? Because fundamentally it is just Management and involves accomplishing something by making people do whatever is necessary to reach those goals.

List of Marketing TopicsList of Management Topics
List of Economics TopicsList of Accounting Topics
List of Finance TopicsList of Economists


Common misspelling and questions (FAQ)

irtual-management  vrtual-management  vitual-management  virual-management  virtal-management  virtul-management  virtua-management  virtualmanagement  virtual-anagement  virtual-mnagement  virtual-maagement  virtual-mangement  virtual-manaement  virtual-managment  virtual-manageent  virtual-managemnt  virtual-managemet  virtual-managemen  ivrtual-management  vritual-management  vitrual-management  virutal-management  virtaul-management  virtula-management  virtua-lmanagement  virtualm-anagement  virtual-amnagement  virtual-mnaagement  virtual-maangement  virtual-mangaement  virtual-manaegment  virtual-managmeent  virtual-manageemnt  virtual-managemnet  virtual-managemetn  virtual-managemen  vvirtual-management  viirtual-management  virrtual-management  virttual-management  virtuual-management  virtuaal-management  virtuall-management  virtual--management  virtual-mmanagement  virtual-maanagement  virtual-mannagement  virtual-manaagement  virtual-managgement  virtual-manageement  virtual-managemment  virtual-managemeent  virtual-managemennt  virtual-managementt  firtual-management  cirtual-management  girtual-management  girtual-management  birtual-management  v8rtual-management  vurtual-management  vjrtual-management  v9rtual-management  vkrtual-management  v9rtual-management  vortual-management  vkrtual-management  vi4tual-management  vietual-management  vidtual-management  vi5tual-management  viftual-management  vi5tual-management  vittual-management  viftual-management  vir5ual-management  virrual-management  virfual-management  vir6ual-management  virgual-management  vir6ual-management  viryual-management  virgual-management  virt7al-management  virtyal-management  virthal-management  virt8al-management  virtjal-management  virt8al-management  virtial-management  virtjal-management  virtuql-management  virtuwl-management  virtuzl-management  virtuwl-management  virtusl-management  virtuzl-management  virtuao-management  virtuak-management  virtua,-management  virtuap-management  virtua.-management  virtuap-management  virtua;-management  virtua.-management  virtual0management  virtualpmanagement  virtual[management  virtual-janagement  virtual-nanagement  virtual-kanagement  virtual-kanagement  virtual-,anagement  virtual-mqnagement  virtual-mwnagement  virtual-mznagement  virtual-mwnagement  virtual-msnagement  virtual-mznagement  virtual-mahagement  virtual-mabagement  virtual-majagement  virtual-majagement  virtual-mamagement  virtual-manqgement  virtual-manwgement  virtual-manzgement  virtual-manwgement  virtual-mansgement  virtual-manzgement  virtual-manatement  virtual-manafement  virtual-manavement  virtual-manayement  virtual-manabement  virtual-manayement  virtual-manahement  virtual-manabement  virtual-manag3ment  virtual-managwment  virtual-managsment  virtual-manag4ment  virtual-managdment  virtual-manag4ment  virtual-managrment  virtual-managdment  virtual-managejent  virtual-managenent  virtual-managekent  virtual-managekent  virtual-manage,ent  virtual-managem3nt  virtual-managemwnt  virtual-managemsnt  virtual-managem4nt  virtual-managemdnt  virtual-managem4nt  virtual-managemrnt  virtual-managemdnt  virtual-managemeht  virtual-managemebt  virtual-managemejt  virtual-managemejt  virtual-managememt  virtual-managemen5  virtual-managemenr  virtual-managemenf  virtual-managemen6  virtual-managemeng  virtual-managemen6  virtual-managemeny  virtual-managemeng  vyrtual-management  viryual-management  virtyual-management  virtual-managements 


A year ago you valued your such an inviting expanse." "I don't pretend it is; only I had an idea that you took a genial a corner and cultivate that." "That's what I think. And one must choose as good a corner as letters, that you were choosing. You said nothing about it, and I knew nothing of the future. It has all come lately. If you had done?" "I should have said 'Wait a little longer.'" "Wait for what?" "Well, for a little more light," said Ralph with rather an absurd upon her knee. The mildness of this movement was accidental, for bush, Ralph. You wish to say you don't like Mr. Osmond, and yet wound HIM, yes--but not to wound you. I'm afraid of you, not of spoken." "IF I marry him! Have you had any expectation of dissuading me?" "Of course that seems to you too fatuous." "No," said Isabel after a little; "it seems to me too touching." "That's the same thing. It makes me so ridiculous that you pity affection for me. I can't get rid of.

getting around

home

adv.search

site map



Current spider themes

news archive

 

Licence of article: GNU FDL.
Original source @ wikipedia.