“Virtual companies and remote workers are one of the most-underdeveloped assets in business today ”
~ Rebecca Murtagh- Human AI Evangelist & Innovation Coach
Businesses that intentionally built virtual teams or had hybrid teams were not taken seriously, and often excluded from mainstream activity such as small business loans, venture capital, credit lines, awards, etc.
I know this first-hand because in 2001 I founded a digital firm that worked virtually. We were innovating faster than peer companies. Yet, because my team and I worked remotely (which including many sleepless nights), my firm was prohibited from applying for industry events, award competitions, and for some reason considered to be less qualified than other agencies and firms that couldn’t hold a candle to the ground-breaking work we were doing.
My firm went on to win awards and create many “firsts” for clients across the United States, such as:
Despite winning awards and all of the amazing work we had done, one local client stated because we did not have a brick-and-mortar office, we were not a real business to him.
That was then, this is now.
Remote companies are not only respected, many are wildly successful.
Automattic (the company behind WordPress, Vault Press, Cloudup, and others), Buffer, Zapier, Stripe, GitLab, Teamweek, Hotjar, InVision are just a few of the many companies that have learned how to leverage virtual talent to build successful organizations.
The United States leads the world with the highest percentage (66%) of full-time workers employees that work remotely than any other country.
Africa and Australia have a higher percentage of fully remote or hybrid companies than other nations (59% and 60% respectively)
A closer look reveals that in addition to the 30% of full time U.S. virtual workers, 54% of U.S. workers work remotely at least once per month and 48% work remotely at least once per week.
If you think that working remotely means stunting one’s career or earning less, think again.Remote workers earn $100,000 per year 2.2x more often than on-site workers.
Managers and leaders (12%) are now twice as likely to work remotely compared to individual contributors.
Source: Owl Labs, Global Workplace Analytics and World Economic Forum
Performance of remote teams and virtual talent can be frustrating and disappointing unless the right culture is created.
From my many years of experience working with remote teams and virtual talent I believe two key elements must be put in place by leadership.
The two elements I have found to be essential to getting the bests results from remote and virtual talent are:
Do you have a fully-remote company?
Or, does your organization employ virtual talent and teams?
Whether you are new to hiring or managing virtual talent, or independent consultants that work remotely, or whether you’ve been doing it for years, Human AI can be highly effective in elevating the performance of your teams and talent.
Want to unleash the potential in your teams? Explore how Human AI can improve the performance of your team, improve profit and promote sustainable success of your organization.
Rebecca Murtagh: Human AI Evangelist, Futurist, Human AI Institute Founder, CROWD SUCCESS® and Genius Foundry. Innovation coach, consultant and trainer. Rebecca leverages decades of experience working with Fortune 500, Silicon Valley, Wall Street, Mains Street, global brands and startup entrepreneurs to help executives, their teams, and entrepreneurs leverage their genius through Human AI to improve productivity, collaboration, creativity and job satisfaction for optimum performance and long-term success.