Advantage
Disadvantage
Threat
· Can work from anywhere.
· Easily change your work if mistakes occur.
· Can speak to people on the go.
· Companies no longer require staff to be in the same building or same country.
· Technology has made the world a smaller place especially in the workforce, meeting being held through phone/video conferences etc.
· Cost of travel expenses have been reduced greatly because of the exchange of information that can take place using modern technologies.
Disadvantage
· No face to face communication so no tone in voice, or personal interaction.
· Companies can be based in a western would location and employ cheap labour in poorer countries.
· Companies often lack consideration of the soft skills than can enhance the company if clients are met face to face.
· Networking skills are reduced and their is no “face to company” – personal exchanges between staff members can be cold and distant.
Threat
· Cause of loneliness because there is no one else in the environment you are working in.
· No feedback from the work you do.
· The company couldn’t properly help you if you got stuck on the work.
· Staff may not perform to their full potential because they spend time during their working hours surfing the internet.
· Company information/in house knowledge can be leaked or hacked into, causing clients etc to loose trust in the company.
They are some good point and very informative and eye opening points Kim.
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