Social Networking

Facebook Dresses Business Casual

November 17, 2009
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Social networking is not just for teens, tweens and college kids. Check out Sermo.com, a social networking site for physicians. Additionally, people have been using social networks to look for job. Social networks are also changing and evolving businesses as we know it.

The Wall Street Journal

  • AUGUST 28, 2007

Social Networking Goes Professional

Doctors, Salesmen, Executives Turn to New Sites to Consult, Commiserate With Peers; Weeding Out Impostors

By JESSICA E. VASCELLARO

When radiation oncologist Michael Tomblyn recently saw a 21-year-old patient whose eye was protruding from its socket, he turned to his fellow physicians for help. Dozens of doctors offered suggestions, including fungal infection, HIV-associated lymphoma or a cocaine-associated sinus problem, eventually steering him toward the correct answer: rhabdomyosarcoma, a fast-growing cancer most often observed in young children.

The diagnosis didn’t take place in a doctor’s lounge. It happened on Sermo.com, a social-networking site for licensed physicians, which Dr. Tomblyn and 25,000 doctors like him visit regularly to consult with colleagues specializing in areas from dermatology to psychiatry.

“It is a way for us to commiserate and know we are still talking to others like us,” says 36-year-old Dr. Tomblyn, who works for the University of Minnesota Medical Center.

Online Schmoozing

Some DOs and DON’Ts for using professional social-networking sites:

DON’T:

  • Offer to do business with someone you meet immediately.
  • Give away information specific to your company.

DO:

  • Share your perspectives on news that’s already public.
  • Continue more intimate discussions over email and on the phone.

Social networking, popularized by teens sharing information with their friends online on Web sites such as Facebook Inc., is now blooming in the business world, thanks to new social networks that enable professionals and executives in industries such as advertising and finance to rub virtual elbows with colleagues.

Millions of professionals already turn to broad-based networking sites like LinkedIn to swap job details and contact information, often for recruiting purposes. Business executives also have turned to online forums, email lists and message boards to sound off on information related to their industries.

Now, online services are trying to promote a more personal type of business networking. Unlike relatively simple message boards that are open to all, these new sites — including Sermo.com for doctors and INmobile.org for the wireless industry — have features such as profile pages showing professional credentials; personal blogs that function like a kind of online diary; links to “friends” online; electronic invitations to real or online events; and instant-messaging.

[Sermo]

Social networking is just one of many consumer technologies, including blogs, wikis and virtual worlds, to cross over into the corporate world. It is happening as social networking is moving more into the mainstream. Leading consumer social-networking sites attracted more than 110 million unique monthly U.S. visitors in July, up more than 40% from the previous July, according to comScore Inc.

For a variety of reasons, social networking has been slower to take off in the business world. Employees are wary of disclosing too much to potential competitors, and loose-lipped executives can easily embarrass themselves and their companies online. Policing these services’ memberships to weed out impostors can be difficult, and the sites are still in the early stages of turning their networks into sustainable businesses. Also, business users typically have less time to devote to socializing online and are willing to do so only if they believe they are getting a unique benefit from the site.

“Professionals are fairly protective about their social networks which they spend their whole lives to build,” says Mikolaj Jan Piskorski, assistant professor of business administration at Harvard Business School. He adds that the appeal of social networking is limited largely to industries where workers are fairly isolated from their colleagues on a day-to-day basis, like medicine, construction and sales.

Many of the new services are free to members. Revenue comes from advertising or charging outside businesses access to data and member discussions. For example, Sermo Inc. of Cambridge, Mass., generally charges $100,000 to $150,000 a year to nonmedical businesses like hedge funds, which use it to research such things as how doctors feel about new drugs. They can monitor online discussions, with the doctors’ names omitted, or see a tally of topics being discussed on the site — like a new medical device or a controversial cancer treatment — to determine what’s rising or falling in popularity.

The site, founded by Daniel Palestrant while he was a surgical resident in Boston and launched last year, discloses its business model to users when they register. Members say they don’t mind that their conversations are accessible to others, particularly since their identities are concealed. In this, Sermo is different from many other sites. Doctors are generally more interested in getting treatment advice and access to other doctors’ experiences than in networking for new business partners. As a result, the site doesn’t require users to use their real names, although Sermo itself verifies and holds the identities of everyone who registers.

INmobile.org — a social network for the wireless industry launched last year by Adam Zawel, former director of the Yankee Group’s Wireless US Research Program and the executive search firm IdealWave Solutions, based in Harvard, Mass. — has a different business model. Its basic services are free to its members, about 730 high-level executives at cellphone makers, wireless operators and media companies. But members can choose to pay $2,000 a year to list promotions and ads in a special “marketplace” section.

Some of the new sites simply charge a membership fee. This fall, for example, Reuters Group PLC is planning to launch a new social-networking service, tentatively named “Reuters Space,” for fund managers, traders and analysts. For a fee, which hasn’t yet been set, they will be able to log on to create profiles with industry-relevant information like their “asset class” and “instruments,” check financial news feeds and ruminate about the industry on personal blogs. However, the Reuters service will only allow employees to join if their companies are Reuters customers. It also plans to allow companies to block certain features like blogging and to archive employees’ online activities for compliance purposes.

Online networking services are trying to broaden their appeal with new ways of making sure their members are who they say they are. For example, Sermo authenticates each of its members by checking their credentials against several of the 10,000 databases they have access to. The service also requires users to answer three verifiable personal questions, ranging from their phone number to where they got their medical degrees before they can sign up.

INmobile.org relies on member referrals and email confirmations, but says it is looking into stricter methods, like calling up the person or their colleagues, since emails can be easily faked. The service says it turns away more than half who apply, admitting only director-level employees and above from large companies, top-level executives from smaller companies and vice-president level and above from midsize businesses.

Even after these measures, it can be difficult getting business people to converse freely with each other online. Alexander Pigeon, vice president of international for MLB Advanced Media LP, the interactive media and Internet arm of Major League Baseball, is guarded about what he shares on INmobile.org, which he recently joined to stay on top of big trends in wireless. “I certainly wouldn’t post something about my company that wasn’t publicly released,” says Mr. Pigeon, who instead sticks with “pontifications” on broad trends like the future of mobile music.

But taking a risk on an advertising social-network paid off for Angela Glenn of Long Beach, Calif. The 40-year-old graphic designer first joined a free social network created by the blog AdRants as a “lurker,” reading but not contributing to the site. Before long, she gained the confidence to debate topics like Web-site design, and she and one sparring partner grew so fond of each other’s styles that they eventually started an ad agency together, the GASP Company LLC. “You get to hear potential partners out and see how they think about things,” she says. “It’s the closest thing you get to a personal recommendation.”

Write to Jessica E. Vascellaro at jessica.vascellaro@wsj.com

Printed in The Wall Street Journal, page D1

Copyright 2009 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit

Source:

http://online.wsj.com/article/SB118825239984310205.html#

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November 10, 2009
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Twitter and LinkedIn to share status updates

Social networks Twitter and LinkedIn sign partnership to allow users to cross-post messages across the services

Micro-blogging platform Twitter and business networking site LinkedIn, which has 50 million registered users, have announced a partnership to enable their users to cross-post their status updates.

Allen Blue, LinkedIn’s co-founder and VP of product strategy, announced the decision on the LinkedIn blog: “The idea is simple: When you set your status on LinkedIn you can now tweet it as well, amplifying it to your followers and real-time search services like Twitter Search and Bing. And when you tweet, you can send that message to your LinkedIn connections as well, from any Twitter service or tool.

The way that the integration works on the Twitter side is especially interesting, because you can choose between two versions: you can decide to use the Twitter settings to send all of your tweets, or select certain tweets from Twitter back to LinkedIn as a status update which you mark with the hashtag #li or #in.

twitter linkedin LinkedIn is one of the first social networks to be officially supported by TwitterYou might wonder why Twitter has chosen LinkedIn as a partner rather than the much bigger Facebook, whose status updates are much more compatible with Twitter feeds. The simple answer is that the two CEOs are friends, as social media guide Mashable reveals. The close relationship between Twitter co-founder Biz Stone and LinkedIn co-founder Reid Hoffman might have more impact on our working lives, as they suggest in this video.

Source:

http://www.guardian.co.uk/media/blog/2009/nov/10/twitter-linkedin-status-updates/print

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The cost to Social Network

November 4, 2009
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Social Networking Costing Companies
By Mil Arcega
Washington
03 November 2009
[insert caption here]

Recent surveys of online Internet users shows the amount of time people spend on social networking sites such as Facebook, MySpace and Twitter is growing, and it may be costing employers time and money.

In the U.S., 77 percent of workers who have a Facebook account say they check their updates at work.

In the United Kingdom, a similar survey of workers shows 57 percent regularly log on to social networks, resulting in 40 minutes of lost worker productivity per day.

“It isn’t just something you can do for half an hour during a lunch break but all through the day and because of that, it has a huge impact because people aren’t necessarily concentrating on what they should be doing during the day,” said Philip Wicks, a consultant at London-based technology research firm, Morse PLC.

Wicks estimates social networking during office hours costs businesses in the U.K. about $2.25 billion a year. Workplace consultants say the losses will grow as social and blogging sites attract even more users.

But instead of fighting a popular technology, William Beers at accounting firm Price Waterhouse Coopers says companies should be looking for ways to take advantage of it. “So instead of trying to shut it down, I think we should try to embrace these technologies, put in a nice policy that governs it and explain to users the risks related to it, provide some training and then see what business benefits we can have from it,” he said.

Some workers say networking sites are helpful in exchanging ideas, boosting morale or finding the right candidate for the job. “Certainly, ‘Linked-in’ on the professional level is a very useful tool in connecting with other professionals,” said one man.

But others argue online socializing is best left outside the office. “If you want to spend time at the weekends on it or in the evenings, fine, but I think most people are probably too busy, should be too busy, to do it at work anyway,” a woman said.

Studies show the amount of time people spend on social networking and blogging sites has tripled since last year. Employers are fighting back. A recent survey shows 54 percent of U.S. companies have already banned social networking and blogging while on the job.

http://www.voanews.com/english/2009-11-03-voa71.cfm

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Psych Studies on Social Networking

October 21, 2009
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I got this article from the EBSCOhost website which I accessed through the Temple Library Database site. This article talks about self-esteem and how people present themselves on social networking sites. This psychological study was done by Nicole C. Krämer and Stephan Winter of the University Duisburg-Essen, Germany. This reserach was done in Germany with a German very popular social networking site (StudiVZ, which is similar to Facebook) . There are tables, figures and citations at the end of the article. Also the author’s contact information is clearly listed. For the reasons just mentioned, this is a great article to  include in journalistic research.

 

jmp-20-3-106-fig2a.gif

Full article can be seen here:

http://web.ebscohost.com.libproxy.temple.edu/ehost/detail?vid=4&hid=112&sid=c9375789-7e93-4ddd-941a-271b1ca95874%40sessionmgr111&bdata=JnNpdGU9ZWhvc3QtbGl2ZSZzY29wZT1zaXRl#db=pdh&AN=jmp-20-3-106

 

This study included older adolescents and it’s purpose was to explore the motives they have for joining social networks and the affects the networks have on them. “The findings revealed that for the 703 older adolescents in this  survey there were four motivations for use of social networking sites: passing time,  entertainment, social identity gratifications and virtual companionship.”  This is also a good article because extensive research was done.

http://www.allacademic.com//meta/p_mla_apa_research_citation/2/3/0/5/7/pages230574/p230574-1.php


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Polls

September 30, 2009
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 Pew Research Center for the People & the Press Political Survey [October, 2008]

 

 Do you ever use online social networking sites like MySpace or Facebook?Subpopulation/Note: Asked of those who go online to use the Internet/send or receive email at least occasionally (77%) * = less than .5%.

36%  Yes

64   No

*    Don’t know/Refused

 

Survey by Pew Research Center for the People & the Press and Princeton Survey Research Associates International, October 16-October 19, 2008. Retrieved September 29, 2009 from the iPOLL Databank, The Roper Center for Public Opinion Research, University of Connecticut. http://www.ropercenter.uconn.edu.libproxy.temple.edu/ipoll.html.

______________________________________________________________________________

 

A year later the results have changed:

Pew Research Center for the People & the Press Values Survey [March, 2009]

Do you ever use online social networking sites like Facebook, MySpace or Twitter? Subpopulation/Note: Asked of those who go online to use the Internet/Send or receive email at least occasionally (79%) * = less than .5%.

 

42%  Yes

58   No

*  Don’t know/Refused

 

Survey by Pew Research Center for the People & the Press and Princeton Survey R

esearch Associates International, March 31-April 21, 2009. Retrieved September 29,

2009 from the iPOLL Databank, The Roper Center for Public Opinion Research, University of Connecticut.

http://www.ropercenter.uconn.edu.libproxy.temple.edu/ipoll.html.

 

______________________________________________________________________________

Pew Research Center for the People & the Press Values Survey [March, 2009]

 

How often do you use social networking sites? Several times a day, about once a day, every few days, once a week or less often? Subpopulation/Note: Asked of those who go online to use the Internet/Send or receive email at least occasionally and they ever use online social networking sites (42% of Internet users, 33% of sample) * = less than .5%.

19%  Several times a day

24   About once a day

21   Every few days

18   Once a week

18   Less often

*    Don’t know/Refused

 

Survey by Pew Research Center for the People & the Press and Princeton Survey Research Associates International, March 31-April 21, 2009. Retrieved September 29, 2009 from the iPOLL Databank, The Roper Center for Public Opinion Research, University of Connecticut. <http://www.ropercenter.uconn.edu.libproxy.temple.edu/ipoll.html>.


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Stats & Such About Social Networking…

September 19, 2009
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This blog’s purpose is to cover social networking including how much people use it, how it affects lives, etc.

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Third year student studying Journalism.

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