Virtual Organizations and Beyond
by Bo Hedberg, Göran Dahlgren,
Jörgen Hansson and Nils-Göran Olve
Second in the Wiley Series in Practical Strategy, Virtual Organizations and Beyond (John Wiley & Sons, 1997) guides managers and entrepreneurs in understanding the virtual organization. Possessing all the capability of real organizations, virtual organizations lack the tangible facilities and permanent employees traditionally used in meeting customers' needs. However, virtual organizations offer flexibility, lower overall cost and a reduction in a business's capital needs. Virtual organizations can benefit new and established businesses, providing both with a means of achieving success.