Globalization is the way
the world is electronically connected. Information Technology has changed the
way people connect globally enabling a different, but very effective kind of
participation and interaction between people all over the world. Although
Globalization seems to be a very convenient source for companies and consumers
to interact with each other, there are some issues with time zones, language
and culture..
Outsourcing is the acquiring
of goods/ sources and labor from an outside source. Outsourcing has enable companies
to reduce labor and material costs, giving them an advantage over other
companies in today’s competitive market. Negotiating contracts and managing
electronic teams are part of the issues that project managers need to deal with
when working with outsourced projects.
Virtual teams are groups
of people who work and interact with each other electronically. One of the
advantages of virtual teams is the time zones since its easier to have team members
available 24/7 globally.
How are these changing IT?
Globalization, Outsourcing and Virtual teams are all changing IT project
management due to fact that project managers now need to be familiar with
different cultures and languages. This would help to develop a multi-cultural
leadership style of management.- Romy B
YAJAYRA WOJTAS
With globalization everyone is connected. Lower trade and political barriers and the digital revolution have made it possible to interact almost instantaneously with billions of other people across the planet, and for individuals and small companies to compete with large corporations. Outsourcing, is an organization's acquisition of goods and services from an outside source. Offshoring is sometimes use to describe outsourcing from another country. Virtual Teams, is the ability for employees to communicate and wolrk across vast distances, the advantages of hiring people in locations that have a lower cost of living and worker preferences for flexible work hours have contributed to significant increase in virtual project teams. - Yajayra Wojtas
YAJAYRA WOJTAS
With globalization everyone is connected. Lower trade and political barriers and the digital revolution have made it possible to interact almost instantaneously with billions of other people across the planet, and for individuals and small companies to compete with large corporations. Outsourcing, is an organization's acquisition of goods and services from an outside source. Offshoring is sometimes use to describe outsourcing from another country. Virtual Teams, is the ability for employees to communicate and wolrk across vast distances, the advantages of hiring people in locations that have a lower cost of living and worker preferences for flexible work hours have contributed to significant increase in virtual project teams. - Yajayra Wojtas
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