Successful Development of Virtual Teams in a Geographically Dispersed Electric Power Grid Company

Abstract

Electric power grid operation companies are in need for renewal and restructuring due to the introduction of local renewable energy production and changed patterns of energy and effect consumption, combined with strong political incentives for electrification. This paper present how development of two supporting capabilities has contributed in improvement of organizational performance. The two capabilities are (1) analytics, the capacity and ability to process and analyze data, together with (2) collaboration, the capacity and ability to effectively involve relevant expertise and authority at the right time in decision making regardless of organizational and geographical location.