In this case, the group involved has established a strong bond and communication style. The company has no official headquarters, but its 2500 employees operate from more than 30 locations throughout the United States, Asia, Europe, the Middle East, and Africa. VeriFone revenues are more than 300 million dollars. We are operating in a culture of urgency. As a result, VeriFone has no headquarters.
Employees are location-independent.
The work place is anywhere, and everywhere the employee is. The central form of communications and knowledge sharing is electronic. At VeriFone , the knowledge infrastructure, carried through E-mail, is the organisational infrastructure. Each employee has a PC notebook with 24-hour access to everything, including policies and procedures, budgets and expenses, product catalogues, training schedules, travel itineraries, stock quotes and news services, a competitor database, and staff information. Users can customise the system to meet their information needs by subscribing to news services and joining special interest groups.