Making Virtual Working Spaces
Startups are the groundwork of the Indian business world. What we see well-established and great-revenue organizations today, were once started as an ‘aspiring startup’ with talented and very few people. Those old times required physical attendance while working as there was no internet and ability of working remotely. Fast forward to today’s business scenarios, advent and accelerated technologies give opportunities to companies as well the workforce to work remotely. What the advanced tech and fast internet (without which we can’t live today) has gifted us is the elimination of geography bounds, physical boundaries and attending physical offices.
Moreover, as startups have limited sources of money and it is costly to rent or buy a physical space for office, establishing a startup with a remote team becomes beneficial for newcomers in the fields of startup. This novel concept also allows companies to hire and retain right and best-fitting talent from anywhere in the world. Commonly known as ‘Virtual Spaces,’ this idea of remote working effectively manages globally dispersed teams. This article sheds light on such a unique and easy concept of startups with remote working, ways of optimum working, work-life balance, etc.
Uniting Dispersed Teams
With the spreading skill gap and talent crunch, startups often face the challenges of finding, hiring and retaining the right talent from the pool of applicants. They also find it difficult to seek brilliant minds who are the best fits for their work and company culture. Moreover, due to money constraints and rigorous competition of bigger competitors, they can’t pay huge amounts to talents. Virtual spaces give such businesses a helping hand wherein they can acquire talents from around the globe, in affordable rates and without investing more in the physical spaces issues.
Technology in work, also known as WorkTech has enabled the world of business to offer the workforce options such as flexible timings, remote work, work from home, etc. These concepts are empowering startups to select employees from a vast choices. Now, it is not compulsory for them to hire (not-so-talented) people and it also eliminates the possibilities of huge offices, light bills, time-consuming device installations. The result is positive that reduces operational costs and working with the right people.
Advice for the Startups – How to Build a Successful Remote Team?
- Hire Right People – Considering the requirements of projects, workload, work-life balance, need for employment, etc., organizations should hire right people. They must have a well-thought plan and means to verify the qualitative aspects of candidates.
- Provide Necessary Guidance – Real-time feedback is necessary in all aspects, even in training the hired candidates. Startup organizations have the responsibility to give feedback time to time for their motivation and engagement.
- Clearly Communicate – Members of the organization must know the hierarchy in the office. They should also know the workflow, ways of working, leaves and resignation policies, who reports to whom, what is the KRA, etc.
- Be Transparent – Effective communication and transparency open doors of success for startups having remote workers. Organizations should be clear about their hiring process and mailing. Moreover, they should have an authoritative process for payments, no matter from where the hired candidate is working. Meet them personally in at least one year to avoid the transparency conflicts.
Go with the Flow!
Tides come and go. Trends come and go. However, those who can fit in all of these, are the real deal breakers. Startup world is a huge maze and to find its way to success, remote working team is one of the key factors. Though it has not become a practice or a popular working culture, startups with remote working teams have a bright future.
Read More: Click Here