Virtual Organization

Topic: - Virtual Organization.

Q1. Define Virtual organization?

·       Virtual organization is also known as virtual corporation or virtual memory.

·       Virtual memory is the most important used in Information technology.

·       An organization that uses it to link people, Assets and ideas.

Q2. What is the feature of successful Virtual organization?

·       Adaptability of changing business environment.

·       Opportunism- ability to exploit opportunities.

·       Excellence.

·       Technology.

·       Borderless.

·       Trust based.

Q3. Why people form a virtual company?

·       Share infrastructure and risk.

·       Link core competencies.

·       Increase facilities and market coverage.

·       Gain access to new market and share market.

·       Migrate from selling products to selling solutions.

Q4. Define knowledge management system?

·       Knowledge management system is build to manage organizational learning.

·       The goal of knowledge management system is to help knowledge workers where-ever it is needed in an organization.

·       It includes processes, Procedures, Reference, works, formulas, forecasts etc.

·       Key technologies: - Intranet, Internet, Groupware, Discussion forums, video-conferencing.

·       It facilitates organization learning and knowledge creation.

·       It is also known as adaptive learning system.

·       Knowledge management system create cycle of organizational learning called learning loops where the creation, dissemination and applications of knowledge products an adaptive learning process with in a company.

Q5. Define Discussion forums?

·       It encourages and manages discussion by members of a project team.

·       Team members can ask for and make comments, post message, brainstorm, review documents, vote and make decision online.

Q6. Define Information Resource Management?

·       Information Resource Management is an Information system management concept that organizes the management and mission of the Information system function into 5 dimensions:-

1)   Strategic management.

2)   Operational management.

3)   Resource management.

4)   Technology management.

5)   Distributed management.

Q7. Define the different dimensions of Global information technology management?

·       Major dimensions of Global IT management are:-

1)   Business/ Information technologies strategies.

2)   Application Port folios.

3)   Technology platforms.

4)   Data management.

5)   Systems Development.

Q8. Define Global Company?

·       A global company is a business that is driven by a global strategy, which enables it to plan and treat all of its activities in the context of a whole world i.e. global system and therefore serve its ‘Local’ and global customer with excellence.

Q9. Define System development strategies?

·       Transform application used by home office into global operations.

·       Setting up a multinational development team with key people from several subsidiaries to ensure that the system meets the need of local sites and headquarters.

·       Parts of the system are assigned to different subsidiaries and home office to develop at same time (Parallel Development).

·       An entire system may be assigned for development to a particular subsidiary based on their expertise (Center of Excellence).

Q10. Define basic steps towards becoming a global company?

·       Global mind set: - Train the employees.

·       Local: - Be a complete local company in every country.

·       One system: - Operate the company as one networked integrated system.

·       Human Resources: - Make full use of superior local brains & talent in every place.

·       Information and knowledge based: - Create a Information and knowledge based organization so that organization can be fast, flexible, Innovative.

Keywords:- Virtual Organization, virtual company, knowledge management system, Discussion forums, Information Resource Management, Global information management, Information system, Management Information system.