Achieving Better Decision Making in Virtual Teams

Globalization where it opens opportunities, never possible before; also creates hindrances never emerged before. Creating geographically dispersed teams is essential part of creating the best in-­‐class products leveraging expertise around the globe with optimal cost-­‐benefit projections. In-­‐efficient decision making across such virtual teams could be a major stumbling stone. To ensure common goals can be achieved by clearly communicating the expectation across multitude of cultures there needs to be a carefully determined set of decision making rules to adhere to by the virtual organization at large. During our research we will analyze decision making fundamentals and how they can be applied and optimized for virtual teams