In a comprehensively connected world, remote working is becoming the new norm across countless sectors and industries. Affordable hardware, reliable connections and the enormous convenience of remote working create a genuinely appealing approach to business management. Successful virtual workplace implementation also has the potential to minimize costs, maximize output and generally drive efficiency to new heights.

Virtual Workplaces now days are a reality, in which employees operate remotely from each other and their managers. There are sound business reasons to establish a workplace. Virtual teams and teleworks are examples of such arrangements. Virtual organizations are multisite, multi-organizational and dynamic. Many challenges are there in managing the virtual teams. The use of new technology and tools provides a competitive advantage.