Virtual Teams and their Challenges for Start-ups29 Nov 2019
Undoubtedly, anyone can start a business. But, unfortunately, not all reach the heights of success. The basic reason for the failures of these businesses is not hidden. It’s simple – they do not pay attention to the need for resources. Further, they lack to strike the balance between time and speed of delivering output. If we talk about the IT start-ups, nowadays, they are highly dependent on remote teams and offshore resources. But, they fail to acknowledge the fact that the time required to deliver is correlated with the speed to deliver. So, in this case, what kind of resources they need to hire? What composition of remote workers suits best for them? What are the challenges they may encounter? A lot many questions! Hold on – we are presenting answers on each of these.
Challenges (and their Solutions) associated with Virtual Teams for Start-ups
According to Global Workplace Analytics, remote teams increase employee productivity, satisfaction levels, and can save a company more than $10,000 annually. So why not tap into the pool of global talent to ensure the unbeatable success of your start-up?
Let’s take a look at the potential challenges associated with having virtual teams and how can you overcome those challenges.
1. Performance tracking of remote teams
Yes, you have heard it right! This is the basic question that comes first to the mind when you think of hiring virtual teams for your start-up. Most of the engagement models offer include hiring resources on an hourly basis or on a full-time basis. If you hire resources on an hourly basis, you may feel that how to justify per hour payment of your remote team. On the other hand, output depends upon the skills and experience of the developer. So, should you set the payment for the set of a number of hours worked or for the completion of the project within the timeline?
Here, first of all, compare the engagement models and select the one that is the best for you. Also, you need to have a piecemeal approach to evaluate your remote worker’s contributions. Establish goals and metrics for your project. Divide the requirements with the number of hours. In case, you are not satisfied with the work delivered within the given timeline, you can straightaway raise your point. Make your expectations crystal clear for your remote team. Also, you can use time tracking software that allows you to monitor how they work. It will give you peace of mind as well as get your remote employee up to speed.
2. Management of security concerns
Several times it has happened that a company’s potential for leaks, breaches, and hacks increased in the presence of a remote workforce. Also, a 2018 Apricorn survey found that a third of organizations claim to have experienced a data loss or breach as a result of mobile working. When remote workers mix personal and work data on the same apps/devices, it may lead to unintentional exposure to outsiders and online hacks.
Reinforce the importance of secure and ‘difficult to remember’ passwords. You can also implement ‘two-factor authentication’ to avoid any unintentional mishaps and unauthorized accesses. Also, ensure that your remote team is connected through a private network that keeps internet traffic secure all the time. And, one easy to follow thing is to keep documentation updated in one secure cloud location. This will protect sensitive business information from security vulnerabilities.
3. Communication gaps
Either you may have to encounter linguistic and cultural barriers or there can be unusual communication gaps that leave you in frustration. Because you are unable to judge body language and facial expressions, it is hard to understand the core gist of any type of communication. But, most of the time happens in the initial phase only. Later on, you get accustomed to the accent, language, tone, and style of communication.
Make digital communications effective, start with agenda and end with action points. Use chat apps such as Slack or Chanty. Set clear project goals, timelines, and milestones. Wherever needed, use video platforms like Zoom, Skype or Appear.in. Also, in order to reduce cultural misunderstandings and as part of a team-building exercise, ask your remote team to share insights and details about their cultures and geographies. Make them feel welcome, they will boost productivity.
StartUp 2020: The UK’s biggest start-up show of the new year
This event is aimed to improve you as a businessman and upgrade your entrepreneurial skills. Here, you will be able to expand your network with like-minded businessmen and other start-ups. You never know how it can transform the way you run your business and change it for better. You may come to know offshore partners, funding partners, and advisors that have answers for your unasked business challenges. Now you have solutions to the most common challenges of remote teams for start-ups, nothing will stop you. Attend the event, present your start-up and expand your network.
Over to You! Hiring Dedicated Resources for your Start-up
Hiring resources is a critical matter for any business, any organization, or any enterprise. No matter how deeply you scrutinize checklists and criteria, it always becomes a challenge. Well, you can’t deny the fact that hiring the right resources for your team results in increased efficiency, lowered costs, and accelerated workflows.
Are you still having second thoughts on building your team? Want to get access to a bigger pool of talent? We, at MyRemotePartner, are well aware of the above-listed challenges. And, we ensure that our clients do not come across any of these. We have a set process wherein you can do in-depth screening and assessment of teams prior to getting them on board. Take their technical interviews and get assurance on their industry know-how. Let us know your ideas in the comments box. We’d love to hear from you.