Sunday, November 2, 2008

Social networking benefits from financial crisis

Here comes an ice breaker. Joe Kraus of google states that "Social is the new black", with social websites becoming a fabric of the web rather than a feature. He also states that "We are evolving from social sites to the whole web being social". There are social websites for nearly every niche be it if you love camping or cooking.

In the last few days I came across many blogs/websites of Social Networking both against it and supporting it. The link mentioned below is a fresh one published today by Eric Sylvers on the "International Herald Tribune" website which is relevant in the present scenario and financial crisis.

The blog describes about a social website "MeettheBoss.com" which started in September to help nervous bankers connect to their peers. This website like a few others caters to a niche, but it is particularly interesting as it is relevant in the current financial crisis. This blog also reveals the importance of social networking in today's world be it any sector of an organization.

During my research for this blog I found many interesting facts about Social Networking and it being the future of how organizations will work. There have been some interesting facts stated by many social networking strategist such as Jim Wilkerson, David Nour and their work has helped many organizations increase their productivity and revenues. At the same time Social Networking websites are creating a jungle on the web leading to ailments such as "SNAD-Social networking anxiety disorder".

Social Networking is still a relatively new field and has its pros and cons. To outweigh the pros against the cons or otherwise is a personal perception.

1 comment:

Christopher Tunnard said...

Nice post. It sets the tone for everyone. Thanks, Varun, for being the ice-breaker!