Friday, September 10, 2010

Should CEOs take Social Media Seriously?

March 12, 2009 by Bill Sobel  
Filed under Technology

great article from Forbes.com

Leadership
Yes, CEOs Should Facebook And Twitter
Matthew Fraser and Soumitra Dutta
Web 2.0 is no longer just for teenagers.

Social networking has clearly reached a tipping point. Sites like MySpace and Facebook boast hundreds of millions of members. Barack Obama’s presidential victory demonstrated that platforms like YouTube and Twitter could transform electoral politics. Yet in corporations where such tools have been expected to bring profound transformations, there has been strong resistance to change.

Many corporate executives either dismiss social networking as a time-wasting distraction or regard it as a risk management problem. Much of their fear has focused on potential risks like security breaches and data privacy.

Web 2.0 evangelists, on the other hand, argue that social software can be used to boost productivity. They say it can facilitate an open-ended corporate culture that values transparency, collaboration and innovation. Most important, it can be an effective way to build a customer-centric organization that not only communicates authentically but also listens to customers and learns from that interaction.

FOR THE COMPLETE STORY FROM FORBES.COM CLICK HERE

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