Considering the differences between traditional work environments and the New Team Environment, describe important factors in building a virtual team that provide benefits to the organizations and to the individual team members.
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Flexibility and Independence are the two main things both the individual and the organizations get. Also there is the fact of a multicultural environment. Enough research has proved that when a team is formed of different backgrounds, the product is better. This is because of the diversity of ideas. The organizations will also win in spending less money. Paying a programmer in other countries will cost you 3 or 4 time less than hiring him/her at Sillicon Valley, for example.
Other things I can think of
* No/less office -> less costs
* More talent/No Visa dependence
* More productivity, sometimes.
Some liks that may help you: