This post has a twist. It's not so much about advise for recruiters, 'cause I'm not a recruiter. It's about engaging in relationships with others and letting our personal connections (and how we treat them) be the lifeblood of our business. It's crazy, I know . . .
The text below may appear disjointed . . . it's meant to accompany the video that should have popped up when you hit this page (at least for the first few days). If you didn't get it, click here (or scroll down to see it by topic and choose from the menu on the link above). ReadWriteWeb continues to claim (as do others) that video is the hot media now, and we support those claims!
Note that the video of our talk is in bite-sized chunks, not like your normal video, more like chapters in a book . . . you can watch for a couple minutes, put a bookmark in, and return later to watch the next part. Each of the sections has a title, also, to let you know whether it would be interesting to you. This technology was made possible by www.GoYoDeo.com. It's free, so if you like what you see, find a way to put it to good use (it's worth much more than you pay for it)!
Here's an outline of the videos if you want to view them a la carte:
Part 1
1 How Web 2.0 are you now?
2 Advertising positions and making friends and contacts
3 Placing recruiting ads on the social web (and better ways to spend your time)
4 Connection strategies on LinkedIn and Facebook
Part 2
5 Social networking on the clock (it better be work-related)
6 Using video for recruiting and job seeking
7 Selected recruiting blogs
8 Engaging others on the social web (conversations)
9 Ideas for Using LinkedIn answers for Recruiting
Part 3
10 What about a virtual career fair?
11 What Web 2.0 job seekers use
12 Southwest Airlines 2.0 (social media recruiting) and jobs in pods
13 Krishna De on LinkedIn and Facebook
14 Robert Scoble on PR
15 Wrap-up and reading suggestions
To choose from the above, click here and hit the stop button on the video, then scroll to your choice!
In our previous post entitled How do you find the right people? Recruiting Socialutions, we talked about finding opportunities to improve how we do what we do. We suggested that professional recruiters shouldn't offer people employment, they should just make friends with them.
Before we get too much into that, though . . . here's a couple of preliminary questions:
Do you have a blog (or read blogs regularly)?
Are you on an email list other than one for work?
That's basic social web stuff. Do you have a profile on Facebook? How about MySpace? On LinkedIn?
Perhaps Bebo, Hi5, Orkut, one I am missing?
On Facebook and LinkedIn, there are hundreds of results with a search for "recruiter." I doubt that's the way to go.
Here are some links:
Recruiting Fly is a site dedicated to bringing visitors the best in employment-related content. From news to features to videos and more, Recruiting Fly is your destination for all things recruiting, HR and jobs. They have a virtual jobfair, too.
In the interest of offering more than one option, we are working with a company called Business 3.0 that has established a Virtual Exhibit Hall, where your organization could easily set up their own perpetual job fair and host events as you wish. Check back soon for a preview.
Alltop (the vision of Guy Kawasaki) has a huge collection of links to career-related blogs.
Find a few blogs that interest you, and subscribe to them (or check them regularly). ReadWriteWeb has some great suggestions on how to engage bloggers and their readers in meaningful conversation.
Jason Alba, co-author of I'm on LinkedIn, now what?, and I'm on Facenook, now what?, has the JibberJobber site blog. Take a look at his articles and then check out his site to see how some folks are and will be getting to you.
And Jobs in Pods had a recent post on Southwest Airlines 2.0. He answered the question, "So who does recruiting well on the social web?" - see Nuts About Southwest.
Krishna De says LinkedIn is used by people in leadership roles in business and those people actively managing their career as it’s a little more discriminating in terms of connections. She considers her connections on LinkedIn network as people she would happily recommend and refer as she knows their work. She observed that Facebook is far more relaxed and is like a group of eclectic friends with perhaps business or social interests in common. She found people who are world wide experts are really happy to connect on Facebook which is exciting and seems to level the playing field.
In the social web, there are some serious players (they understand it and live in it). One of them, Robert Scoble (former Microsofter), says PR now stands for “Professional Relationships.”
So what's HR stand for?
For more on The Emergence of The Relationship Economy, check out the blog of my partners, Jay Deragon (especially his recent post on the changing rules of the game) , and Scott Allen's The Virtual Handshake Blog, and mine - Kicking and SCREAMING.
What do you think?
Friday, June 06, 2008
For Recruiting on the Social Web - add some innovation! (updated)
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Labels: connections, Doc Searls, facebook, Guy Kawasaki, Jay Deragon, jibber jobber, job, linkedin, microsoft, myspace, plaxo, recruiting, relationship economy, robert scoble, Scott Allen, social networks
Tuesday, May 13, 2008
Socialutions Implementation Strategy: Taking your company from zero to hero on the social web
Many of today’s companies recognize the urgency of converting to a customer-centric, social web-based, operation. The excuses and faulty logic brought on by global prosperity have been replaced by an honest examination of internal operations and external market share. As the various departments search for collaborative ways to maintain profitability in uncertain economic times, we will see more and more arrive at the duh! moment of realization that the customer comes first.
We haven’t exactly reached the Utopia that Adriana Lukas describes:
Imagine having your customers share with you what they like, want and think of you. . . Interaction with them is modular, intuitive and user-driven freeing much of your resources spent on marketing and transaction cost.
. . . nor have we seen more than a few examples of big, giant companies who give more than lip service to the process Doc Searls detailed almost five years ago (and Eve Maler recently simplified for those who love simple graphics).
But there are some unpredicted catalysts on the horizon, and in the spirit of making right decisions, we see that adoption of a Socialutions paradigm is going mainstream.
Our proposal for Socialutions involves problem solving and finding innovative solutions through social exchanges. We are suggesting that organizations can capitalize on the relationships and relationship connections of the people connected to them in some way, whether these connections come from employees, vendors, customers, or wherever.
Tom Peters has a rather unique (not a shock if you know Tom Peters) perspective on where to put the customer. He says, “to put the marketplace customer first, I must put the person serving the customer "more first.”
Peters (admittedly selfishly) proclaims:
To give a high-impact, well-regarded, occasionally life-changing speech "to customers" I first & second & third have to focus all my restless energy on "satisfying" ... myself. I must be ... physically & emotionally & intellectually agitated & excited & desperate beyond measure ... to communicate & connect & compel & grab by the collar & say my piece about a small number of things, often contentious and not "crowd-pleasers," that, at the moment, are literally a matter of personal ... life and death.
As Jay Deragon noted previously, the drive of tomorrow's successful organizations will be a new method and philosophy proclaiming "We the Peoples are all aimed at Socialutions" that creates perpetual value. We the people are aimed in that direction, but do the companies who serve us (even if we are after their employees) get it yet?
Here are some Socialution suggestions for getting from where you are to where you need to be in a hurry:
1) Make the cluetrain manifesto (especially the 95 Theses) mandatory reading for all your employees
2) Have your company intranet feature a link to Cluetrain @ 10 (a revisiting and revising after ten years) and recent posts on the Clueship.
3) On your company-wide strategy wiki (get one if you don’t have one), start a “top ten clues” list and allow anonymous voting.
4) Allow time off (5% of the workday would be a good start) for your people (all of them, not just sales and HR) to Twitter, blog, Facebook and MySpace for the company.
5) Run from traditional (old school) marketing as a source of “what works.” If it really worked, you would not have taken the time to read this.
And finally, if you click on this link, you can contribute to our efforts to get Socialutions into Dictionary.com.
What do you think?
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Labels: connections, Doc Searls, Socialutions, VRM
Monday, April 21, 2008
The online version of office suites, or a hostile takeover?
In a previous post, we noted a tendency toward focusing on specific social networking sites, and suggested that in the future many of us will simply be using what was "learned" in these sites to just be more social -- out in the open, on an Internet without walls. The people we relate to, the relationships we have with them, and the use of available communication tools are the keys to success in this space, not “the site.”
I'm looking for Unified Communications 2.0, and we aren't there yet.
In the meantime, it is important to find transitional points, since we don't yet have a functional cross-platform personal portal, where all of our documents, email accounts, instant messaging clients, microblogs, and friend updates can converge with our videos, personal learning, and VOIP communications accounts.So where do we find this virtual office suite?
Steve O'Hear recently highlighted the Facebook apps he calls a few shiny gems that can help you turn Facebook into a super-charged personal assistant. Steve listed and discussed many third-party applications that promise to help run your business, including accessing your LinkedIn contacts. But in this time of economic uncertainty and build-it-so-you-can-sell-it mentality, do we really want to invest time in a Third Party App?
I know that Jeff Pulver recently alerted the world to his Facebook conversion, but should the rest of us follow along? He contrasted the experience of Facebook to LinkedIn by identifying the former as a wealth of opportunity for vibrant interaction between users and groups of users, and at once more rewarding and more nuanced and meaningful. And Jeff is still living on Facebook, though his "community" appears to be limited in number by Facebook (a month or so ago he was maxing out at 5,000), and community (they have a limit on the number of groups you can join, as well).
So should we move all our stuff to Facebook? Andrew McAfee (and others he credits) posted an overview of how Facebook can be used as an organizational intranet. Ultimately, I think highly sensitive documents could be linked within Facebook and hosted on a protected server, but security is not my only concern. Facebook for business is still close to Web 2.0 (or as Doc Searls calls it, AOL 2.0, or AOL done right). So what do we do when we truly have a virtual presence that is unrestricted by the gated community mentality? What's the cost of conversion then? I'm all for mashing up as many parts of my life as possible, but I'm not convinced Facebook (or LinkedIn, or any other gated community) is the place to do this. What happens when they make decisions based on their needs, and not on ours?
What do you think?
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Labels: business, connections, Doc Searls, economy, education, facebook, linkedin, relationship economy, strategy, unified communications
Thursday, April 03, 2008
Thanks for the retweet @problogger !
I was recently one of 116 submissions that responded to a great opportunity for exposure beyond the imagination. Many thanks to Darren Rowse (ProBlogger) for his challenge to submit our best post title (and URL) from the last month on their blogs.
Here's the list, and as ProBlogger said:
Surf them - link up to those you connect with and if you’re on Twitter follow as many of this great bunch of bloggers as you can!
- Twit from PHP with cURL by @tosoAplos
- Phase One: In which we rickroll a desk - by @CleverUserName
- Stu Talk #1 - Practical Community Identity by @theunguru
- Being (Online) Social by @radix33
- Dude Broke His Foot by @dwendland
- Vintage Slug Advertising by @neonbubble
- A Salty Chocolate Bar by @wildhoney
- Save the Developers! Upgrade Your Browser by @idesignstudios
- Creating Stop Signs for Site Traffic - by @jasonboom
- Terms of Use - Are they Pointless by @aflusche
- 4 Ways to Kick Your Blog in the Butt by @GrantGriffiths
- Meeting God at Wells by @pastorshawna
- Are you ready to take off or to land? Be the pilot of your business plane! by @terencechang
- The Importance of a Day Off by @10kthings
- St. Palm Patrick’s Sunday by @coffeesister
- Change the Rules, Then Cross the Street by @jacobm
- 10 diet friendly snacks that satisfy your need for sweet by @afexion
- How Do You Facebook? by@davidgiesberg
- If You Do Not Comment On This Post You Fail At Life by @UniKid
- Getting people to read your blog i.e. Linkbait by @nickclarson
- Real commitment or lipstick on a pig? by @trib
- Do You Have Secret Business Syndrome? by @bigbrightbulb
- Hate Destroys the Hater by @jnbammer
- 17 Habits of Highly Popular Bloggers by @skinner
- Terrorism - Why aren’t you afraid yet? by @koreyk
- Winos have smaller brainos by @deege
- Colorful Cardamom Roasted Cauliflower by @Sundaydinner
- And oh, BY THE WAY… by @ericablonde
- Start Spreading the News, I’m Leaving in May by @rhyswynne
- You are not where you think you are! by @gCaptain
- Taking Criticism: Are You A Dinosaur by @SHurleyHall
- Oops, I did it again: bubbles, balls and burn-out by @jonathanfields
- Fuel Cell Cars :: ride into the future by @cdhinton
- Go Go Gadget Ads by Doubleohd
- Right Off! by @GoonSquadSarah
- Beyond Blogs: The Conversation Has Moved Into The Flow by @stoweboyd
- How We Got A $1608 Cash Back Rebate Check by @bargainr
- Adobe Photoshop Express & The Mindless Photo Rights Grab by @jimgoldstein
- Stallion Battalion by @splitbrain
- Last Meal In Singapore by @texasag90
- #176 Nahin Saab, Kuch Nahin Bachta… by @dybydx
- No Hype But Some People Should Probably Read This by @AndyBeard
- Wallet Mouth? How You Spend Speaks To How You Want To Be Seen by @SCartierLiebel
- adopt/adapt/apply by @dydimustk
- Holding Hands is CHILD ABUSE! by @thepsychoexwife
- Hard Lessons for Entrepreneurs by @sbpalding
- Take great photos with a point and shoot! by @sduffyphotos
- 13 Ways to Move Big Files on the Web by @charpolanosky
- Why Not Be A Tiny Cocktail Sausage? by @anneplamore
- Don’t Drive Angry: Stepping Back from a Failed Internet Marketing Campaign by @portentint
- Jamaican Me Crazy! by @theblanchard
- Wardrobe Essentials For College Girls by @collegefashion
- Online Storage - MediaMax’s High Tech Extortion by @MadLid
- Apple Is a Mean, Hot, Devil-Woman by @MattJMcD
- London breaks with theatre show and hotel by @aroberts
- 60% of Photoshop Users are PIRATES! by @auer1816
- The 007 Twister by @OldManMusings
- Ahhh… Umbria by @soultravelers3
- Why New Tech Doesn’t Need SEO by @brianlburns
- 1 marshmallow or 2? A study on the benefits of delayed gratification by @glbguy
- He was the best of candidates, he was the worst of candidates… by @sorenj
- First Draft Mantra: Make It Crappy by @QRW
- Holy Cow! Beatle Bob Is In Blender! by @patrikd88
- Get Your Sleep Or You Will Be Fat & Sick by @myrnaweinreich
- 7 Mountain Biking Confidence Killers by @UltraRob
- When The Rich Wage War, It’s The Poor Who Die by @TwisterMC
- 40 Things to Do with Your Old Socks by @DebNG
- Me and My Cash Flow Problem by @MMarquit
- Seven Wonders of the Fashion World by @jaybol
- Hit Me! SolidWorks and “21″ The Movie by @solidsmack
- Jason Calacanis - Just the Opinion of a Simple Kansas Girl by @hawksdomain
- UK Circuit RIder 4.0 Round up by @LittleLaura
- Police 2.0 - To Protect and to Twitter! by @carterfsmith
- Weight Loss Success: Core Commitment and Support Podcast by @queenofkaos
- Understanding The Visitor’s Psychology: Becoming One With The Reader by @tibipuiu
- Audrina Patridge Explains Why She Accidentally Took Naked Pics by @SheaJ12
- My Funniest Frugal Fix by @Lynnae
- Ten CD/Book Release Party Don’ts by @deegospel
- Tweet me on TWITTER, Tweety! by @RhodesTer
- Never Underestimate Commenting by @whojaybe
- Registration walls and user exodus water falls (or, how do you get people to comment on your stuff?) by @ebrage
- Conscious Breathing-More Than A Health Benefit by @myrnaweinreich
- Sony DIME Press Event - Foam City, Miami by @hawridger
- You Can Always Monetize Web Traffic by @FeedbackSecrets
- How To Install DOMtabs on WordPress by @problogdesign
- The Joys of Scaremongering by @OwenC
- When Good Friday is just okay by @jakebouma
- Broadband Speed Test: How To Estimate Your Real ADSL Speed by @ikaronet
- TheJetsBlog.com & SportsNet New York Agree to Partnership by @thejetsblog
- Enemies Are Important: Branding Your Website With the Right Villains by @doshdosh
- Gangsta Rapper = Future Good Husband? by @AGoodHusband
- I should stop reading and start doing! by @infektia
- Hard times in Al-Andalus by @azizhp
- There Is No Future In This Architecture by @schmutzie
- 6 Tips For Better About Pages by @jamieharrop
- You Gotta Have Friends by @Teeg
- Don’t Tell Your Friends You Make Money, but Tell Your Friends by @ianternet
- Where Karl Does His First Video Post Naked by @karlerikson
- 50 Uses for Plastic Easter Eggs by @Raesmom
- Is Your Ann Arbor home Stinkey? by @missycaulk
- Apple, La La, and Goat by @stshores24
- Happy St. Patricks Day! by @Sorka
- Please Don’t SPAM My RSS Reader by @chrisblackwell
- Accredited Home Lenders - the kid that touched the stove again by @morganb
- The Great Manic Depressive: The Markets by @RhodyTrader
- Engadget leads World Top 100 Blogs by @digitalfilipino
- 30 Fonts that all designers must own by @justcreative
- Classic Mod Daylight for Sale by @Remiss63
- Cancer Fatigue: It Feels Like Death by @susanreynolds
- How Twitter Helped Me Meet My Deadline by @amypalko
- How To Recruit a Small Army by @chrisguillebeau
- Instant Head Relief by @lordlikely
- 5 Keyword Research Tips to Finding the Questions Your Readers Want Answered by @MartyJ
- What The Heck Are Emoodicons? by @johntunger
- Lessons learned from a stand up comedian by @JoshAnstey
- Beer And Milk = Bilk by @Neil_Duckett
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Labels: connections, global, knowledge sharing, networking, problogger, seo
Social Network Portability is coming, with a twist
Microsoft appears set on getting into the social space, whether by owning it or facilitating it. It's kind of like "let someone else build it and if they come we'll go get them and invite them over." Now it appears they are going for the Mall approach, rather than the franchise or leveraged buyout approach. Or at least, so it seems.
In a prior post, we noted Google's opening the cross-platform communications mode with OpenSocial, and the many developers working on an aggregator for users. Could this latest venture serve as an aggregator not just for individual profiles, but also one for groups? We are still looking for a mobile solution, too . . . waiting to be invited to participate in the mashup of Dashwire and ProfileLinker!
Microsoft is working with Facebook, Bebo, Hi5, Tagged and LinkedIn to create a safe, secure "two-way street" so we can move our profiles and relationships between social networking sites. It's a little late for that, isn't it? How 'bout something that will synchronize what we have, or maybe even a business and personal profile, with by-individual or by-group access? We've already copy-pasted our "About Me" and a variety of likes and quotes and . . . What happened to the Open Social adventure that Facebook was avoiding making a commitment to?
Microsoft has been using SharePoint, with support for wikis, blogs and RSS feeds, with privacy and security so everyone can feel secure, for enterprise social networking, but now they are going after those who aren't connected by their internal company relationships. And they are proposing that we help them by using Windows Live Messenger to connect with Facebook (available now), Bebo, LinkedIn, Hi5 and Tagged (coming soon). The strategy starts with inviting your friends and connections to connect on Windows Live Messenger (not sounding a lot like portability here -- I am thinking "import from").
So I tried the only currently available option -- Facebook. A login to Facebook screen (with Windows Live logo but a Facebook URL) popped up, and the first try on login failed (hmmm, a phishing site?). But the next screen had the Facebook logo, and it logged me in just fine. I didn't however, see where I could add anyone to an invite list, so . . . I gave up and started blogging.
I was using MS Internet Explorer on XP on a Dell, so maybe that's what the problem was. Next time I find myself with nothing to do but beta-test for Microsoft, perhaps I will try Firefox on Leopard on a Mac.
I'm not sure that this will be a profitable venture for Microsoft, but it's worth a try. We know that owning a centrally located piece of real estate and inviting big names to stake their claim there has worked in the real world in the past. Microsoft has shown their ability in Web 1.0 to make money, and it's apparent that no one in social networking has figured out how to do that yet . . .
So we'll just keep beta testing while Microsoft keeps building . . .
Note that when I recently installed FriendFeed and Twitter on Facebook, it went off without a hitch. They obviously aren't related to Microsoft.
What do you think?
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Labels: business, connections, facebook, google, microsoft, mobile, myspace, networking, open social, relationship economy, social networks
Wednesday, March 26, 2008
How long will "social networks" be around, and how long is the tail?
A recent article in my not-so-favorite form of media, the NYT - addressed: Why Old Technologies Are Still Kicking. The article identified the common traits of survivor technologies as 1) some enduring advantage in the old technology that is not entirely supplanted by the new, and 2) business decisions that invest in retooling the traditional technology, adopting a new business model and nurturing a support network of loyal customers, industry partners and skilled workers.
Dent saw and examined the impact of new technologies on the S-Curve, and I think that's critical as we examine the longevity and enduring advantage of technology like social network or networking sites (not to be confused with the activity of social networking, which doesn't need a specific site). Boyd and Ellison (2007) define social network sites (as distinguished from social networking sites) as web-based services that allow individuals to (1) construct a public or semi-public profile within a bounded system, (2) articulate a list of other users with whom they share a connection, and (3) view and traverse their list of connections and those made by others within the system.
Adults are more likely to meet in Facebook or at a coffee shop
LinkedIn also has coffee shop qualities, as it provides a place where business isn't the only thing that needs to be discussed. That's especially helpful in Chamber of Commerce mixers in some of the Southern U.S. locations, where it's taboo to conduct business before spending a minimum of 15 minutes about the weather, politics, and your choice of either the SEC or NASCAR.
Imagine a network of 100 000 members that we know brings in $1 million. We have to know this starting point in advance—none of the laws can help here, as they tell us only about growth. So if the network doubles its membership to 200 000, Metcalfe's Law says its value grows by (200 0002/100 0002) times, quadrupling to $4 million, whereas the n log(n) law says its value grows by 200 000 log(200 000)/100 000 log(100 000) times to only $2.1 million. In both cases, the network's growth in value more than doubles, still outpacing the growth in members, but the one is a much more modest growth than the other. In our view, much of the difference between the artificial values of the dot-com era and the genuine value created by the Internet can be explained by the difference between the Metcalfe-fueled optimism of n 2 and the more sober reality of n log(n).
So how does this fit with our look at social networking sites?
If an enduring advantage and a retooling mindset are the keys to success, then social networks should be around for a while. These sites didn't invent the social part, nor did they invent the networking part, so the enduring advantage is there. They facilitate acquaintance and reacquaintance, and are run (at least initially) by technology entrepreneurs -- with a retooling mindset built in. I think the question is not whether they will last, but in what form they will emerge, and how many mergers will we see before the shakeout is over.
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Labels: business, connections, conversation, economy, facebook, linkedin, myspace, networking, relationship, relationship economy, social networks
Saturday, March 22, 2008
NEED HELP with Social Media & Online Business Networking Must-Reads
I could really use some help building this list. I'm trying to include all the books that relate to the business-oriented social space.
My list at present is located here. Any method of response (blog comment, twitter post, email, or any of the communication methods to the right) ==>>> would be appreciated!
Thanks!
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Labels: amazon, business, connections, Customer Powered Service, economy, knowledge sharing, listmania, networking, relationship economy, social networks, VRM
Saturday, March 01, 2008
Unifying our Communications -- can we really speak with one voice?
About a decade ago, in the dark ages of Web 1.0, I happened across a technology that I absolutely knew was going to catch on. It was a simple idea, really, and promised to make things so much simpler for all of us.
Perhaps you heard of it -- Unified Communications?
If you need a refresher, go here.
I first got turned on to it with an adverstisement as I recall, probably on a pre-Microsoft Hotmail message or something. As I write this, I am having some difficulty remembering the name of the first company I signed on with for this great experience. I do remember that I could get voicemail, fax, and email all in one convenient location (on the web), and I could access it with my mobile phone. The thing I liked most about it was the storage space, as I had many points of presence where I accessed the web, floppies were still likely to roast in my car or break in my satchel, and USB thumb drives had not yet been invented.
I was really hooked on this phenomenon, and actually still have an account with a company called J2 (which is good, 'cause I hate using a separate phone line for the technology -2.0 practice of faxing. But I have progressed with the technology developments, and now wear my unified communciations on my hip. I have an ATT/HTC 8525 phone/pocket pc device that provides one central location to read emails (including those from J2 with a fax), send text (and email messages) from, keep up with my daily schedule, manage my tasks, keep record of my mileage and other business expenses, and still be able to share pictures, PowerPoint slideshows, and full-lenth Video movies. Oh, and I get all my phone calls there, too.
Speaking with One Voice
But today the question is whether we can unify our communications and speak with one voice. It appears that in order to get what we want from the behemoths of corporate America, we have to show that our "numbers" are big enough to require them to pay attention to. I like the attempts that many have made in their customer service endeavors, but are they listening to us because they have nothing better to do, or because the really care?
Let's put this into perspective.
If I have 5 customers that each want something different from me that requires my time, which one am I most likely to respond to? I'm thinking the first choice goes to the customer who wants what takes the least amount of mental and physical effort. This customer may also be one who has listened to my suggestions in the past. He or she is likely to be low maintenance when it comes to my time, and I (as many people do) truly appreciate low-maintenance. If by using this model one of the repeatedly needy doesn't get as much of my time, is that a problem? Perhaps, but what's a businessperson to do? At some point, you gotta let them live with their decisions, right?
Many business thought leaders will suggest that we drop the customers who can be considered hand-holding, high-maintenance. They note that the Pareto Principle tells us, quite accurately, that in anything a few (roughly 20 percent) are vital and many (roughly 80 percent) are relatively trivial. You can apply the 80/20 Rule to almost anything, from the science of management to the physical world.
Is that good business?
How do we expect mega-companies to respond? We expect them to satisfy all of their customers! We look at the invoice every month and determine how big a chunk of our income we are dishing out to them and think that they should be falling all over themselves to earn every penny we send them. That's not how small businesses work, but by golly, that's how they should operate!
But it won't work that way. The only way for us to get them to satisfy our needs is for us to take our time to first figure out what our needs are. We can probably start with a Top Ten for each company and then whittle down the list to the Top Two. We should then get together with other customers and compare notes and find our collective Top Two. Then and only then should we approach the mega-company and ask for their attention. This way, we won't be stuck with a problem fixer, we can get the attention of a problem solver.
Don't think that kind of proactivity is needed? Where else have we tried to individually change a collective issue? Where else have we limited our conversations before deciding how we as a group should act? Where else have we failed to get the attention of the real decision makers, and ended up with those who could barely answer our questions, much less fix our problems?
Have you looked at the political scene lately?
We have treated the business world like we've been treating the political world for far too long. How's that working for us? The current election season has drawn out potential voters and open public conversations (no, not the debates) more than any time in recent history. If we can figure it out for politics, can't we figure it out for business?
Here's a spoof of the 2008 debates that I hope you enjoy:
http://www.youtube.com/watch?v=NMpajqPV_bk
What do you think?
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2:57 PM
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Labels: communicate, connections, mobile, politics, unified communications
Thursday, February 14, 2008
If traditional marketing won't work in The Relationship Economy, what will?
Relationships, that's what!
In Generation MySpace Is Getting Fed Up, Business week reminds us that "Social networking was supposed to be the Next Big Thing on the Internet."
The article covers a variety of noteworthy points:
- Advertising on social networking sites is growing fast. Last year global ad spending on these sites shot up 155%, to $1.2 billion, expected to jump 75% this year, to $2.1 billion.
- The forecasts may prove unrealistic. Besides the slowing user growth and declining time spent on these sites, users appear to be growing less responsive to ads, according to several advertisers and online placement firms.
- Google didn't generate as much revenue from social networking as expected.
- Many people on social networking sites pay little to no attention to the ads because they're more interested in kibitzing with their friends.
- Social networks have some of the lowest response rates on the Web, advertisers and ad placement firms say. Marketers say as few as 4 in 10,000 people who see their ads on social networking sites click on them, compared with 20 in 10,000 across the Web.
In The Relationship Economy, the first step is the relationship. We are sick and tired of the push-marketing model, and are demanding that the pull (our pull) be implemented. The days of build it and they will come are gone. We want you to build, make, and provide stuff that we tell you we want. We'll only tell you in a conversation. The only way you will get it is if you are listening.
That's how relationships work.
Take a look at the new model, brought to you by some of the Cluetrain Manifesto authors.
The updated theses (numbering is not a mistake -- he skipped a few) as posted by Charlene Li - Josh Bernoff at Social Media Today.
1. Advertising as we know it will die.
2. Herding people into walled gardens and guessing about what makes them "social" will seem as absurd as it actually is. (Facebook is his example.)
3. We will realize that the most important producers are what we used to call consumers. (Yup.)
4. The value chain will be replaced by the value constellation. (Many connections.)
5. "What's your business model?" will no longer be asked of everything. (What's the business model for your kids?)
6. We will make money by maximizing "because effects". ("Because effects" are what happen when you make more money because of something than with it.) E.g. search and blogging.
8. We will be able to manage vendors at least as well as they manage us. (Agreements between companies and customers shouldn't be skewed in favor of the companies.) At Harvard Law they call this VRM -- vendor relationship management -- which is what Searls is working on (projectvrm.org).
10. We'll marry the live web to the value constellation. (The Live Web isn't just about stars. Relationships of anybody to anybody.)
What do you think?
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Monday, February 11, 2008
The Denver Post - Work, connected by social networking
This in a services organization . . . what a concept! I am sure that they considered the "wasted" time spent by employees "trading photos and recipes," and realized that community building was far more important than bean-counting.
As one of the team leaders noted, ""It's kind of like walking into someone's office or cubicle, where you can see pictures and other things about them."
What do you think?
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Wednesday, February 06, 2008
Is it copying or collaborating?
In school, it’s called copying, and it’s wrong. In business, it’s called collaborating, and it’s expected and rewarded. When two people work together to submit the same work product, how should it be received? It depends on the 1) assignment, 2) agreement between the parties, and 3) recipient's expectations.
Individuals are moving more and more toward collaboration, especially in the business community. We’ve seen team-building become almost an art form in business, and the focus on forming short-term business teams appears to be a foregone conclusion during negotiations. So where do we draw the line?
If we can’t monetize it and ensure we get our share, we aren’t likely to go for it!
Knowledge in organizations is (rightfully) treated like it has value. But, as with other things of value, the usefulness of knowledge depends on how we process it. There are apparently two perspectives, or schools of thought, on the handling of knowledge in organizations.
One perspective is that knowledge consists of objects that can be created, collected, stored, retrieved and reused. This model suggests that knowledge needs to be codified in order to be effectively managed. This model can be understood using a "conduit" model of communication (Heo & Yoo, 2002).
The second perspective is that knowledge in organizations is socially constructed and collectively held. It is malleable, uncertain, and embedded in work practices and social relationships. This model is more in line with the “communities of practice” model (Heo & Yoo, 2002).
Many organizations are still concerned about getting an immediate return on investment for the knowledge they create, maintain, and share. The Relationship Economy won’t work that way, so now would be a great time for us to learn to get over this antiquated business practice. We may all agree in the importance of fostering a collaborative culture within our organization, but just how do we go about doing so?
Tapscott and Williams, in their book Wikinomics, identified four steps we can take.
•Encourage and reward openness in networking for all members of the organization.
•Create peering environments that foster self-organizing human connections for collaboration and innovation.
•Allow radical sharing to expand markets and create new opportunities.
•Think and Act globally as an individual, team and organization.
(Tapscott & Williams, 2006).
To achieve Openness means ensuring a culture of candor, flexibility, transparency and access. How many of today’s workplaces can accurately be described by these words? Openness means making your organization’s boundaries porous to external ideas and human capital. It means being open to the talent pool that lies outside your walls and sharing access to corporate performance. Moreover, it means seriously participating in the global knowledge economy (Tapscott & Williams, 2006).
Peering is also important in the establishment of a collaborative culture. Peering results in the creation of a horizontal organization that is often unrivaled by hierarchical organizations in speed of solution deployment. Looking at some examples of peering may give us an indication of how it can be accomplished.
•Marketocracy is an organization that uses collective intelligence on virtual stock portfolios. Marketocracy is a research company whose mission is to find the best investors in the world and then track, analyze, and evaluate their trading activity. They claim to have beaten the S&P 500 Index in 8 of the 11 quarters since inception http://www.marketocracy.com/
•Wikipedia is a free multi-contributor online encyclopedia. Wikipedia is written collaboratively by volunteers from all around the world. Unlike a paper reference source, Wikipedia is continually updated, with the creation or updating of articles on topical events within seconds, minutes or hours, rather than months or years for printed encyclopedias. http://en.wikipedia.org/wiki/Wikipedia:About
•Linux is a Unix-based operating system with shared infrastructure and resources. It was originally created starting in 1991 by Finnish programmer Linus Torvalds with the assistance of developers from around the globe. Linux runs on a wide variety of hardware platforms, from huge mainframes to desktop PCs to cell phones. http://www.linux.com/whatislinux/
Peering succeeds because it leverages self-organization. The natural self-organizing behavior of humans suggests that self-organization should be expected in our society. Self-organization can provide a platform for a decentralized, distributed, self-healing system, protecting the security of the actors in the network by limiting the scope of knowledge of the entire system held by each individual actor (Self-organization, 2008). Usually the growth of such networks is fueled by an ideology or sociological force that is adhered to or shared by all participants in the network.
Radically sharing Expanding markets
As any business model demonstrates, expanding markets create new opportunities. These opportunities are beneficial, and often require insight into the local business culture. They are also likely to require the sharing of duties among people who haven’t worked together before. In order for these relationships to work, there has to be an agreed upon comfort level between the participants.
Technology has brought us a couple of excellent examples of sharing that we (as humans) might try to replicate in our endeavor to “get radical.”
Computing power sharing allows companies to harness the processing power in a multitude of computers and combine that power to accomplish tasks that before required expensive supercomputers (Kessler, 2003). Shared computing also lets companies, or researchers, shift computing power via a network to where it's needed, cutting costs and increasing computing productivity.
Sharing bandwidth (neighbors or neighboring companies) can also keep costs down. Talk to any (honest) telecom sales representative and they’ll tell you it’s rare (like with streaming media) that all the bandwidth is needed all at one time. Those office buildings who treat bandwidth like electricity or water and pick up the tab for their average tenants have the right idea.
Content sharing is becoming more and more useful on the Internet. Many of the once-stagnant websites we mentioned previously are now dynamic because of shared content.
The sharing of scientific and medical knowledge is how both communities got to where they are. The research may go on behind closed doors, but the results are only useful when they are shared with the community. How many other communities do you know that freely share their findings?
Thinking and Acting globally
Thomas Friedman was right - The World Is Flat. The only way that today’s companies will be able to maintain a healthy balance sheet tomorrow is if they focus on staying globally competitive. That means they need to devote time to monitoring international developments. They will have to begin (or continue) tapping the global talent pool. They will have to get to know the world.
The International Labor Office provides us with Eight Dimensions of Knowledge Sharing. Contemplate these as you decide whether you are prepared to engage:
- Create a supportive culture
- Gather internal experience
- Access external learning
- Expand communication systems
- Use creative mechanisms for drawing conclusions
- Develop an organizational memory
- Integrate learning into strategy and policy
- Apply the learning
(ILO, 2007)
Examine your tradition of knowledge sharing to see how many of these dimensions you use.
Tomorrow’s successful companies will need to find ways to Think and Act globally, even if their budget and management has them stuck with legacy systems and processes. They will need to become true global companies, with no physical or regional boundaries. They will have to learn to treat the world as if it was one company, run by truly global individuals. They will need to see remote as if it were local, and realize that we don’t need to be in the same room to collaborate (Tapscott & Williams, 2006).
Michael Powell, then Chairman of the Federal Communications Commission, said that change is inevitable. He made this statement after using Skype (Tapscott & Williams, 2006).
What do you think?
References:
Heo, D. & Yoo, Y. (2002). Knowledge Sharing in Post Merger Integration. Case
ILO (International Labour Office), (2007). Results-based management. Available at http://www.ilo.org/wcmsp5/groups/public/---ed_norm/---relconf/documents/meetingdocument/wcms_084822.pdf
Kessler, M. (2003, January 8). High tech's latest bright idea: Shared computing.
Self-organization. (2008, February 2). In Wikipedia, The Free Encyclopedia. Retrieved 18:43, February 5, 2008, from http://en.wikipedia.org/w/index.php?title=Self-organization&oldid=188631462
Tapscott, D. & Williams, A. D. (2006). Wikinomics: How mass collaboration changes everything.
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Tuesday, February 05, 2008
Knowledge Sharing in The (networked) Relationship Economy.
The way we share information has changed. We have transitioned from what was never called Web 1.0 to what is now called Web 2.0. We have partially transitioned from a reliance on printed material to the (at least partial) use of digital publication. Our organizations have transitioned from the industrial age use of Quality Circles to the Information age use of Communities of Practice. Many of these concepts are becoming keys to success in the knowledge-based economy (Tapscott & Williams, 2006).
But there’s a problem. With the ready availability of information comes the incentive to use the information for your own benefit without compensating the creator. We’ve seen the initiation of digital rights management in one form or another to assist those in the audio and video business in collecting royalties. Colleges and Universities have seen a variety of software tools that comb the Internet to check originality of material. All this leads us to ask the question, “How does knowledge sharing work in The Relationship Economy?"
What edition of the web are we on?
The previous era was never called Web 1.0 because no one realized there were going to be so many drastic changes that would so dramatically alter the engagement paradigm. In a relatively short period, we transitioned from the “surfing” of websites to get information to the practice of immersion in a collection of interlinked computing platforms that serve us in a way not dissimilar to software on our local machines.
The Web 1.0 period ranged from about 1994 to 2004. Websites were characterized by the requirement for designers (webmasters) to provide all the updates. Guestbooks that worked a lot like a physical bulletin board, were about as close as these static sites got to interactive. These sites were a place where we could go to get stored information.
Web 2.0 came up on the radar screen about the time the phrase was coined by Tim O’Reilly, founder of O'Reilly Media to describe “the web as a platform.” Webmasters now have shared content update responsibility with their readers and users. Instead of static pages, these pages have dynamically generated content, and provide a place where people can meet and interact. This space is typified by social-networking sites with interactive posting areas, wikis, and blogs. Web 2.0 websites allow users to do more than just retrieve information.
Traditional knowledge sharing medium
For many years, we have shared knowledge using the written word. This is often seen as a reliable method, and is usually preferred to passing on information verbally. In recent years there has been a transition (in some areas) from printed media to digital. Though preferences for one or the other are as unique as the individual, there are some clear benefits in both cases.
The Print publication era is still with us, though it has undergone many transitions since the invention of the printing press. It is characterized by places where information is gathered, sorted and disseminated -- libraries and other information warehouses. The process of searching for printed material is a rather cumbersome and slow process. In many cases, it requires more physical action than actually accessing the material. We have to plan for time to read, and we are inclined to uni-task – just read, with very little else going on.
The Digital publication era provides a much different experience. Whether on the public Internet or in a local database, the process of searching, retrieving, and accessing material is limited only by the speed of our connection. Digital publication has redefined what we used to call bookstores and libraries. We are able to read whenever and wherever there is time and opportunity
Quality assistance
Groups of people have always collaborated to assist each other. In recent years, we have seen a transition of this practice from physical meetings to assist the organization to virtual meetings to further the profession. Quality circles and communities of practice epitomize these different approaches.
Quality Circles are a group of workers who meet to discuss improvements and make suggestions to management. The intent often focuses on the quality of output, in the content of organizational performance. Quality circles are known to motivate and enrich the work lives of employees (Quality circle, 2008). These groups are usually limited to a specific organization, and rarely focus on extra-organizational issues.
Communities of practice describe the process of social learning that occurs when people who have a common interest in some subject or problem collaborate over an extended period to share ideas, find solutions, and build innovations (Community of practice, 2008). Communities of practice are usually formed within a single discipline in order to focus efforts in sharing knowledge, solving problems, or innovative ventures, but multidisciplinary participation provides an advantage in these efforts because of the expanded focus and even holistic goal that can be achieved (Community of practice, 2008). These groups often look to challenges common to many organizations.
Quality vs. Quantity
As we have mentioned previously, there are limits to the number of people we can effectively manage and communicate with. When building networks for knowledge sharing, we will see more of a communities of practice design, where a larger group of people converse with the group. It is important to keep the intent for building in focus, and to share the intent with those we invite to join us.
Though little research has been done in this area, surely there is a limit on how big we can build and still have a useful network. Robin Dunbar, an
But there’s likely a cap on the effectiveness of our networks when we add people just because we can. At some point, people feel used (as just a “number”), and word gets out in your community. Nonetheless, if done right (and for the right reasons), it is possible to build a functional network of hundreds of people. The key is on learning the basics of networking, where very encounter is an opportunity to:
•Add connections
•Strengthen existing connections
•Connect your connections
That said, we should make a habit of regularly auditing our connections
•As they affect the individual
•As they affect the larger organization
•As they align with objectives
These audits may result in additional connections, or they may result in a form of “culling” of our network. In any event, we should build our networks as a place where knowledge is freely distributed and treated with the respect it is due.
What do you think?
References:
Bialik, C. (2007, November 16). The Numbers Gut: Sorry, You May Have Gone Over Your Limit Of Network Friends. Wall Street Journal (Eastern Edition), p. B.1
Community of practice. (2008, February 1). In Wikipedia, The Free Encyclopedia. Retrieved 20:18, February 4, 2008, from http://en.wikipedia.org/w/index.php?title=Community_of_practice&oldid=188459226
Tapscott, D. & Williams, A. D. (2006). Wikinomics: How mass collaboration changes everything.
Quality circle. (2008, February 2). In Wikipedia, The Free Encyclopedia. Retrieved 20:19, February 4, 2008, from http://en.wikipedia.org/w/index.php?title=Quality_circle&oldid=188527357
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Friday, January 04, 2008
Everything I need to know about Social Networking I can get from my Dog!
I just realized that my dog's approach to social networking isn't all that different from the approach my kids take (or I take, for that matter).
It's funny how sometimes certain people or things can trigger a thought in your mind about something you weren't even thinking about. My dog doesn't usually do this, so I'm not sure how I feel about it . . .
Here's what I know about my kids and their social networking strategy:
My kids (two teenage boys). approach social network development like this. They meet people wherever they go (school, church, work, downtown, online) and determine whether they like, really like, or really, really like them). In all cases, they add them as a friend to their profile. They exchange comments on each other's walls, send messages, and periodically talk with each other on the phone. They plan get-togethers, coordinate event attendance, and probably even discuss schoolwork in these area.
Sometimes they go online just to be sociable. They log on to their social network of choice, see who is online, check their messages, see who has made new posts, make some comments on new pictures, and send a couple of messages. Often, they will engage in full-blown communications.
Every once in a while, I'll notice that they made a general post encouraging others to "say something." They may do this a couple times, and if no response is received, they'll go about doing something else.
If no one is there to talk, the time they spend on the site is limited. The difference between having 5 or 6 people to communicate with in real time and posting a few asynchronous messages is huge. I wonder if the advertisers who target these groups pay more during the times when more teens are online and engaging in conversation. Shouldn't advertising at 2AM local time be cheaper than advertising during the social networking rush hour?
Here's what I know about my social networking strategy:
I use my social network (strewn across a variety of sites and venues) for personal and professional reasons. I have a diverse group of friends and acquaintances, and always look for new people to connect to (and established relationships to strengthen). In order to do this, I realize that not every one I meet will be a "quality" relationship.
I meet people wherever I go (school, church, work, downtown, online) and determine whether I have something in common with these people. In many cases, I will add them as a friend or contact on one of the sites I use. I will exchange comments, send messages, and periodically talk with them on the phone. We may plan get-togethers, coordinate event attendance, and even discuss business opportunities.
Sometimes I go online just to be sociable. I log on to one of my social networks, see who is online, check messages, see who has made new posts, make some comments on new pictures, and send a couple of messages. If no has posted any comments, added me as a contact, or posted or responded to public questions, the time I spend on the site is limited. There's only so much you can do with a stagnant website, after all, so it's pretty easy to hit it, make a few posts, and leave. Thankfully, I have other things to do, or I would have to read a book or something.
I don't think that my strategy is all that different from that of my kids . . .
Here's what I know about my dog and her social networking strategy:
My dog is spoiled. She gets a walk from her humans at least once a day. I participate in at least one of these excursions, and they usually last around fifteen minutes. We either walk around the block or venture into the park that is located not far from our house (adjoining our neighborhood). Each of these walks lasts about 15 minutes.
My dog has three purposes on her walks. First, she goes on walks to get exercise. It takes a lot out of a dog to lounge around the house all day and all night, and her body needs to experience some anaerobic exercise. Second, she needs to meet other dogs (and sometimes cats). She usually spends a few minutes sniffing the other dog (I won't be describing this process), and sometimes even speaks to them. If she is unable to actually meet them, she senses their presence based on odors they have left behind. Third, she leaves her own odors behind.
In between lounging around in the house and walking, my dog frequently gets us to let her outside. If she is going for the extended version, we'll let her out the back door on the first floor, sometimes hooking her collar up to the wire that extends across the width of our property. In any case, she usually engages in a modified version of her walking activity -- exercise, meeting other dogs, and leaving her odor in strategic locations. If she is upstairs, she will have us open the door to the upstairs deck so she can get a birds eye view of the area out back. That's where she was just moments ago when I had this revelation. She walked out on the deck, looked around, and let out a couple of barks. She usually receives 3-4 responses, and may even look to see if she can identify the location (she already knows all her friends by their voices, and she has matched voices to odors in many cases). Today, she walked out on the deck, barked, heard no response, and immediately signaled me to open the door again. I guess she realized that none of her friends were online. This observation was probably accompanied by a serious chill in her bones (it's relatively cold outside).
So for my dog, going outside is like going online. She is able to do it several times a day, and sometimes has the opportunity to engage in real-time chat. Sometimes, she just sniffs around the profile pages of other dogs. Other times, she leaves a wall post or comment (which may need to be cleaned up) for others to respond to. Inevitably, her time "online" is a more rich experience when other dogs are around.
All for now, my dog wants to check her social network again.
What do you think?
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