This book comes at a time when virtual organizations (VO) are proliferating exponentially due to the twin catalysts of globalization and technological enablement. It provides conceptual frameworks and simple tools for identifying and addressing the complexities of managing geographically dispersed, virtually linked organizations, which may have grown organically or inorganically into a potpourri of multiple cultures, capabilities and practices. These can help to scientifically assess the impact of virtualization, balance the physical with the virtual and manage risks using early indicators. As ensuring knowledge transfer effectiveness (KTE) is vital in VOs, a diagnostic tool has been evolved to measure KTE, isolate problems and weak links and plan effective interventions. Moreover, a set of critical factors that could increase the chances of an organization’s globalization strategies succeeding have been identified. This book interleaves theory with practice and provides insights drawn from conversations with business leaders, exploratory surveys, and in-depth research using a large sample. “Sandhya Shekhar’s wide ranging analysis moves beyond just the technology enabling today’s virtualized organizations to a long overdue analysis of the opportunities and challenges facing organizations looking to benefit from this historic levelling of the competitive playing field. Highly recommend to all executives responsible for leading into this brave new virtualized world.” - Peter Bars Senior Partner Client Services