In today’s global tech-led economy, companies that have a geographically dispersed workforce can be at a major competitive advantage.

They are more likely to be culturally diverse, have greater access to specialised expertise, and are more risk diverse and agile. However global teams too can be risky if the systems and procedures are not in place to support remote teams.

Why establish global teams? 

The world is a far smaller place than ever before. With technology at our fingertips, we can be working with anyone from anywhere. This has created new expectations of how and whom we work with; it too has meant for businesses that fall behind the risk of failure is great.

Global teams can help mitigate the risk of failure. Below are just a few reasons why.

• Source from a wider talent pool

Thinking globally when looking for the best skills and expertise widens the talent pool. This is a plus when specific talent is scarce in one country however sourcing globally should never be limited to this, as the exceptional skills available globally should never be underestimated. This is especially the case for tech roles which are growing in demand across every industry.

• Be more agile than your competitors

Outsourcing key tasks geographically means that businesses can reduce their reliance on a one-time zone, getting a project completed while your client is sleeping is a major competitive advantage. It also means that if there is a public holiday in one country or a natural disaster that interrupts business (a loss of power for example) team members in another country can take over the workload.

• Cost efficiencies

With your global remote team members working from home, or in smaller shared office spaces, cost efficiencies are made as you no longer need a large head office in one country. Team members from many countries, such as Vietnam and the Philippines can be employed at a reduced salary cost, in line with the standard of living in that country.

• Social impact

Having an inclusive and diverse team means that your business is supporting smart talented people in developing countries to find meaningful work. The outcome being, your role in equalising opportunities, empowering future leaders and impacting communities as a global citizen.

Making global teams work

When considering establishing global teams, the immediate thoughts are to the risks associated with not having everyone in the one city, let alone in the one country. 

This is a natural reaction, as the ‘traditional’ way of operating a business is what most companies know best however during COVID we were forced to make changes to the ‘traditional’ way. Many quickly discovered that with the right technology, systems, and procedures in place, ‘work from home’ actually worked, Taking the team global is in many respects is one step beyond this.

Technology, systems, and procedures are vital in establishing a successful global work force. In addition, there are different laws, work requirements and cultural considerations that must be adhered to across every country. This specialised knowledge is not readily available which is where companies such as Sharesource come in.

For ten years, Sharesource has supported its client partners to establish global teams in Vietnam and the Philippines. Teams that have specialised skills in tech, have good English, and can quickly become productive team members solving key business problems.

Sharesource is not a recruitment company but rather, finds the best solution for a company seeking to take a global approach to growing its business. We find the best talent, induct, train and support. In addition, we understand the laws, work regulations and cultural requirements. By providing work hubs in Vietnam and the Philippines, team members can come into the office, in addition to having the technology in place that enables them to work from home. This flexibility means that team members feel supported and a part of a unique shared culture between being a part of your company as well as ours.

The outcome is a win-win for your business, for the global team members, and the communities that they touch.

Find out more how Sharesource can help you to grow in today’s global economy and to become a global citizen.

Because alone we can do good things but together we can achieve great things.

Find out how our client partners have benefited from going global with Sharesource

• Sharesource and TechConnect
• Sharesource and Right At Home
• Sharesource and Cardihab