Virtual teams and business success/survival

Bc. Lennon Bera

Master's thesis

Abstract:

The first objective of this diploma thesis was to identify the benefits and challenges that arose from virtual teams (remote work) due to the COVID-19 pandemic. The second objective of this diploma thesis was to explore employee well-being and the factors that influence employee well-being (with a greater emphasis on health and home environment that provided the foundation for the questionnaire). The final aim was to evaluate how the pandemic-induced home environment and employee health impact one’s well-being for the period starting from March 2020 up to December 2021. The subject of the study is the Global Mobility team (a small team in the organisation) of SAP Services. The research was conducted through an online standard Likert-scale questionnaire containing sections with respect to the objectives. The top benefits of virtual teams identified in the research are better work-life balance, less commuting stress and more time spent with loved ones. The main challenges identified were distraction within the household, loneliness due to limited contact with colleagues, and increased household bills. Addressing the factors influencing employee well-being, the main factors identified were physical, financial, mental, and social, and these provided a foundation for the questionnaire formulation. Finally, the research also noted that both employee health and home environment significantly impact employee well-being.

Keywords

Remote work, Well-being, COVID-19, Pandemic, Virtual teams

Language used: English

Date on which the thesis was submitted / produced: 31. 3. 2022

Thesis defence

• Supervisor: Ing. Richard Selby, Ph.D.

Czech University of Life Sciences Prague

Faculty of Economics and Management

Master programme / field:
Economics and Management / Economics and Management