Measuring KPIs of Virtual Teams in Global Organization Using Machine Learning

Author:

Paxleal J Simi1

Affiliation:

1. XAMK, South- Eastern Finland University (Distance-Summer), Nagercoil, Tamilnadu, India

Abstract

With the growing uncertainties around the global due to pandemic, many unavoidable market finance fluctuations and the management in industries are hit with the most due to lack of production and traditional industrial process methods are taking a huge hit during the current times and there came the need for the virtual industrialization method that is Industry 4.0 a current trend. Many industries are keen to find the method to extract the correct information on their key performance is still lacking in many areas. Next generation virtual leaders, global leaders and advances in technology are leading to the possibilities of virtual teams in order to execute business strategies. Adoption of permanent structures or methods to determine and calculate the performance of the employees and to access to best talent with rich cultural diversity as a form of competitive advantage. The Machine Learning influencing into the virtual leadership styles that helps in determining the KPIs who work remotely is soon to become the future of many companies and some are already implementing the structure to make the Artificial Intelligence to handle the next generation methodologies to formulate Key Performance Indicators (KPIs).

Publisher

Naksh Solutions

Reference18 articles.

1. DBKAY & ASSOCIATES 2003. A Balanced Scorecard for Customer Support Building the Business Case for Improving Problem Resolution.

2. Michael Schrage, David Kiron 2018. Leading with Next-Generation Key Performance Indicators

3. POOLE, M. S. & VAN DE VEN, A. H. 2004. Handbook of organizational change and innovation, Oxford University Press.

4. FRANKEL, E. G. 2008. Quality Decision Management-The Heart of Effective Futures-Oriented Management:A Primer for Effective Decision-Based Management, Springer Science & Business Media.

5. R.S. Kaplan, D.P. Norton, 1992 The Balanced Scorecard— Measures That Drive Performance, Harvard Business Review 70, no. 1.

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