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© 2007 Drake Resource Group, Inc. All rights reserved. Presented by Sue Drake President and Founder Drake Resource Group, Inc www.DrakeRG.com PLAYING BY PLAYING BY NEW RULES: NEW RULES: Working in a Virtual Working in a Virtual World World Sue Drake Sue Drake President, Drake Resource Group President, Drake Resource Group www.DrakeRG.com www.DrakeRG.com

Playing by new rules working in a virtual world

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© 2007 Drake Resource Group, Inc. All rights reserved.

Presented by Sue DrakePresident and Founder

Drake Resource Group, Inc

www.DrakeRG.com

PLAYING BY PLAYING BY NEW RULES: NEW RULES:

Working in a Virtual Working in a Virtual WorldWorld

Sue DrakeSue DrakePresident, Drake Resource GroupPresident, Drake Resource Group

www.DrakeRG.comwww.DrakeRG.com

© 2007 Drake Resource Group, Inc. All rights reserved.

Today…

Virtual teams are becoming more common.

Professionals can work anywhere

Significant advances in technology

20 million and growing

Convenient

Cost-effective

To be truly effective…teams need to work in a new way and follow new rules.

www.DrakeRG.com

© 2007 Drake Resource Group, Inc. All rights reserved.

Exercise

Let’s draw a house!

www.DrakeRG.com

© 2007 Drake Resource Group, Inc. All rights reserved.

Proven Strategies

Our virtual teams have used the following strategies:

Setting expectations

Planning for consistent interaction

Checking status often

Watching for changes in direction

Maintaining a shared knowledge repository

“The underlying principles of strategy are enduring, regardless of technology or the pace of change.”

~ Michael Porter

www.DrakeRG.com

© 2007 Drake Resource Group, Inc. All rights reserved.

Tools

Project Database Tool: Weboffice, www.weboffice.com

Collaboration Technology: GoToMeeting™, www.gotomeeting.com

Project Mgmt Software: ProWorkFlow, www.proworkflow.com

Virtual Meetings: FreeConference, www.freeconference.com

File Sharing Tool: Basecamp™, www.basecamphq.com

Here are few web-based tools to help your virtual team:

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© 2007 Drake Resource Group, Inc. All rights reserved.

Case Study #1

Team developed six web-based modules for company executives (dispersed across six continents) on diversity and inclusion.

Six primary team members: IL, CA, Germany

Setting expectations was key

Project plan was essential and ever changing

Status meetings were critical

Effective communication was most important

Weekly status reports kept all members on track

Bayer Corporation

www.DrakeRG.com

© 2007 Drake Resource Group, Inc. All rights reserved.

Case Study #2

Team developed short-term, state-specific quoting training for seven states as the application was rolled-out.

11 primary team members : IL and India • Client – 4 core members• DRG – 4 core members• Indian vendor – 3 core members

Weekly communication was key (meetings and reports)

Strong development and testing process was important

Detailed Project Plan and “at a glance” plan were essential

Allstate Insurance

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© 2007 Drake Resource Group, Inc. All rights reserved.

Benefits

Virtual team benefits are clear.

Members recruited for their skills

Overhead and expenses reduced

Accommodate members’ varied schedules

It’s a new way of working…using a new paradigm with great success!

www.DrakeRG.com

© 2007 Drake Resource Group, Inc. All rights reserved.

Additional Resources

• Pink, Daniel H. 2001. Free Agent Nation: How America's New Independent Workers Are Transforming the Way We Live, New York:Warner Books.

• www.YouCanWorkFromAnywhere.com – Montero Consulting's Web site, providing resources and training for virtual organizations working together while apart

• www.smallbiztrends.com – Small Business Trends, a blogsite sharing the latest trends in small business and virtual teams

www.DrakeRG.com

© 2007 Drake Resource Group, Inc. All rights reserved.

Thank you for your time today!

We look forward to hearing from you!

Susan L. DrakePresident, [email protected]

Thank you!

For more information, please visit us on-line

www.DrakeRG.com