'Trust in Global Virtual Teams', Ariadne Issue 43

Main Articles: 'Trust in Global Virtual Teams', Ariadne Issue 43: "During the last few years there has been an increasing acknowledgement of the importance of trust in business interactions within the management and organisational literatures [1][2]. Trust enables cooperation and becomes the means for complexity reduction even in situations where individuals must act with uncertainty because they are in possession of ambiguous and incomplete information. It is not therefore surprising that in the current age of global and digital economy and virtuality [3] there has been an enormous interest in trust. Handy for example, has put the point quite succinctly: 'Virtuality requires trust to make it work: Technology on its own is not enough' [4]. As Lipnack and Stamps also put it, 'in the networks and virtual teams of the Information Age, trust is a 'need to have' quality in productive relationships' [5], while according to Platt [6], trust is essential to any virtual team as these teams do not have everyday interaction, and the possibility of losing trust is much higher."