'Virtual office' not yet common. (Business Briefs).(according to MIT researchers, industry still must address some issues)(Brief Article)

Financial Executive, March, 2002

Much has been written in recent months about the "virtual office" and its ability to keep business going in the face of calamities, like the terrorist attacks. But just as videoconferencing has failed to gain widespread acceptance over the years, the virtual office is still more hype than reality, argue researchers at the Sloan School of Management at the Massachusetts Institute of Technology.

To be sure, companies offering virtual office systems did prosper in the wake of September 11, and have made some converts. But the MIT researchers, who have been studying virtual office technology for three years, found that technology alone won't be enough to deliver on this virtual promise. Offices and other distant places where people work must be physically adapted...

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