Fad or forecast?
Jinfo Blog
30th July 2008
Item
I know we seem to have spent a lot of time on corporate social networking lately â but all the signs are that itâs rapidly becoming an idea whose time is approaching, even if it hasnât actually arrived. Outsell has been looking at it in one of its recent webinars, and one of the most advanced social networking services for business â LinkedIn â has just announced a strategic alliance with one of the key corporate information sources, the New York Times. Thereâs been a steady build-up of interest in the topic over the last couple of months, and this has been reflected on LiveWire. Weâve looked at recent reports from Outsell http://www.vivavip.com/go/e6950 and Gartner http://www.vivavip.com/go/e8925 and a survey for LexisNexis http://www.vivavip.com/go/e9347. LinkedIn keeps cropping up too, including news of integration with OneSource http://www.vivavip.com/go/e7715 plus a significant capital injection http://www.vivavip.com/go/e7444 to finance its current rapid growth. Under the deal with the New York Times http://digbig.com/4xger and http://blog.linkedin.com/blog/2008/07/the-new-york-ti.html LinkedIn users will have news relevant to their professional industries recommended to them on the Business & Technology pages of NYTimes.com. Times readers will also be able to share and discuss stories with LinkedIn members in their networks. Ads and eyeballs are whatâs behind the move of course. âBoth NYTimes.com and LinkedIn are leaders in targetingâ says NYT Media Groupâs Denise Warren. âThis relationship expands NYTimes.com's targeting capability and creates a powerful incentive for advertisers to leverage LinkedIn's and NYTimes.com's combined reach of the business community.â So is it fad or forecast? According to Outsellâs webinar report How Social Networking Supports Workplace Communities http://www.outsellinc.com/store/products/745 ($695) roadblocks certainly still exist. âDeveloping a compelling business case that can demonstrate return on investment for building Web 2.0 networking and virtual applications may be hard to do since itâs still early in the game for businesses to be incorporating these approaches,â Outsell believes. Its research on knowledge workers in corporations shows the continued predominance of email â 79% in fact â as a delivery method for information. Nevertheless, the report has some timely advice for information managers. âFind a sandbox and playâ suggests author Joanne Lustig, who cites many more networks than just LinkedIn as worthy of exploration. Build a prototype in the library, find some interested users and experiment with small applications, she continues. Start adding people as well as documents to your content portfolio and create a wiki to encourage knowledge exchange. Twenty-five years ago, enthusiasts used to tinker with their embryonic email services, each in its separate silo, like this while colleagues looked on sceptically. Then the internet came along and set them free. It might not be wise to over-sell social networking in your organisation yet. But getting that sandbox does sound like a good idea.About this article
- Blog post title: Fad or forecast?
- Link to this page
- View printable version
What's new at Jinfo?
Vendor adoption of AI
Community session
23rd May 2024
AI prompting and AI-sourcing, US private companies, and Jinfo on YouTube
Blog posting
10th April 2024
April 2024 Update
YouTube video
10th April 2024
- AI prompting and AI-sourcing, US private companies, and Jinfo on YouTube
10th April 2024 - AI practical actions, prompting and outsourcing
6th March 2024 - GenAI and ESG wisdom of the Jinfo crowd
13th February 2024
- Jinfo Community session (TBC) (Community) 16th July 2024
- Jinfo Community session (TBC) (Community) 20th June 2024
- Vendor adoption of AI (Community) 23rd May 2024
Learn more about the Jinfo Subscription