Abstract
Advances in communication and information technology create new opportunities for organizations to build and manage virtual teams. Virtual teams have become a norm for organizations whose members work across disparate geographical locations, relying primarily or exclusively, on the usage of Information and Communications Technology (ICT) for the completion of common goals. In many countries across the world, the internet has helped in shrinking barriers between teams located across diverse locations, and this has been possible because of what is termed as 'virtual teams'-teams which are connected with each other in cyberspace. This paper attempts to explain the role of vital elements like trust, information sharing and communication, in building virtual teams. This study strives towards developing a set of factors that can be used by managers of virtual teams for establishing an efficacious relationship amongst the members. The research methodology of Structural Equation Modelling is used for the purpose.
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