There are a couple of things that we will have to consider when we fully go virtual. These questions are of such a different nature that we will need to do our research in very different fields. Here is a draft list of general issues to be worked on:
1. Legal form of company. Currently, we are a limited company which is registered in a European country. We intend to become a shareholder company during the next 12 months. Is there an alternative, given that we want to have a broad ownership of people?
2. Location of company. If we are a global, virtual company, we could have our legal seat anywhere – depending on conpany and tax laws. Accessibility id not an issue any more. So, where should we open our company?
3. Personnel. This is the biggest issue. Where can we find personnel that is willing, ready and skilled to leave a traditional setting of an organization to fully work in a virtual environment? What skills are actually required? Should we offer permanent employment or have people working on a service contract? How can we build employees’ loyalty, how can we motivate them? How can we minimize the risk to loose good people? What incentive processes will we implement? How many people do we actually need?
4. Teams. How can we do team building in a vrtual environment? How often do we need to meet face-to-face to provide the necessary glue? How can we install a common corporate identity?
5. Technology and communication. Which are the right tools that facilitate virtual cooperation? How can we make our communication effective in a simple way? What are actually the processes for which we need tools?
6. Customers and clients. How can we convince our customers that a virtual company is as reliable and effective as a classical firm where you can walk in and meet somebody (ar least during working hours)? How do we prevent to create the image of a mailbox company (which we actually will be)?
7. Virtual processes vs. face-to-face. How much of our processes can actually be transferred into the virtual world? Which are the processes that require face-to-face meetings?
8. Change management. How do we need to change to make all of this possible?
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