{"title":"The importance of reward and recognition system in the leadership of virtual project teams: a qualitative research for the financial services sector","authors":"P. K. Ng, B. Tung","doi":"10.1080/15475778.2018.1512827","DOIUrl":null,"url":null,"abstract":"Abstract One “new normal” in the global business environment is the establishment of virtual teams to accomplish specific tasks. This trend makes leading project teams challenging. There was insufficient research focusing on the effect of reward and recognition systems on virtual team effectiveness in financial services sector. To fill the research gap, a qualitative research was conducted to investigate the preferred types of reward, and their effect on virtual project team effectiveness from the perspective of project team leaders in the financial services sector. The research sheds light on how to design and implement reward systems to enhance team effectiveness.","PeriodicalId":40044,"journal":{"name":"Journal of Transnational Management","volume":"23 1","pages":"198 - 214"},"PeriodicalIF":0.0000,"publicationDate":"2018-10-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/15475778.2018.1512827","citationCount":"7","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Transnational Management","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/15475778.2018.1512827","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 7
Abstract
Abstract One “new normal” in the global business environment is the establishment of virtual teams to accomplish specific tasks. This trend makes leading project teams challenging. There was insufficient research focusing on the effect of reward and recognition systems on virtual team effectiveness in financial services sector. To fill the research gap, a qualitative research was conducted to investigate the preferred types of reward, and their effect on virtual project team effectiveness from the perspective of project team leaders in the financial services sector. The research sheds light on how to design and implement reward systems to enhance team effectiveness.
期刊介绍:
As the economic marketplace expands across continents and cultures, it is essential to establish a world-wide network of ideas and information that serves your transnational business interests. The Journal of Transnational Management (retitled from the Journal of Transnational Management Development to better reflect its focus) is an international forum that examines management research, teaching and training techniques, consulting, and development issues from a multicultural perspective, presenting practical business strategies that produce results on a global scale. The Journal of Transnational Management is a comprehensive resource for management in foreign environments, presenting an exchange of conceptual and empirical research on an international level. Articles written by business practitioners, management development experts, and academicians address issues related to firms, public enterprises, educational institutions, and nonprofit organizations throughout the world.