Envisioning and shaping the future of work and business.

Wednesday, April 23, 2008

This week in links - week 17, 2008

"Forrester: Social networking means business, big business" by Caroline McCarthy:

"In a new report written for the market research firm, as detailed by Larry Dignan at CNET News.com's sibling site ZDNet, analyst G. Oliver Young predicts that "Enterprise 2.0" applications--buttoned-up versions of the Web 2.0 apps we all know and love--will be a $4.6 billion industry by 2013. Social networks, Young wrote, will make up the bulk of that, with nearly $2 billion invested in them."

"This means we'll probably see a lot of intra-company networking tools (souped-up corporate directories, for example, or internal forums) as well as more interactive varieties of technical support. Not surprisingly, Young's report predicts the biggest adopters will be large companies where you can't just stroll over to the HR or IT folks for a little face time, and where instituting collaborative tools from 37Signals or Zoho could speed things up when not everyone's based in the same building (or time zone)."

"Partner Collaboration - The Solution Is In The Wiki" by Paul Wescott:

"We set up a wiki with each new partner that provides efficient and organized access to the Socialtext information needed to be successful. It really accelerates the productivity of new partners to have a central location for information and interactions with us, rather than a series of disconnected emails."

"One of the greatest benefits of these solutions is the direct and open feedback channel we get with partners. Participation is not limited to Socialtext channel management; participants include product development, marketing, customer support and others that benefit from the current information provided by the field and the sharing and communication in both directions that result."

"Social networks in organizations: balancing risk, reward, and transparency" by Ross Dawson:

"I am finding it very tiresome to continuously hear security consultants and vendors with big PR budgets go on endlessly about risks, without ever mentioning business benefits. This drone gets into executives’ heads, and as a result discussion of social networks – and many other potentially valuable business tools –focuses on risk and not benefit"

"...It is critical to acknowledge, understand, and minimize risk, but executives are equally culpable if they ignore business value as if they ignore risk. "

"...transparency increases business value, however providing transparency must be done intelligently and strategically. The danger is that executives become frightened of the risks, so unintelligently don’t provide transparency, and thus negatively impact the company’s value. Effective business leaders understand that in a complex world business value requires a highly nuanced approach, rather than the black and white view of organizations that is so frequently peddled."


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