tirsdag 1. februar 2011

Trends of social media

What are the major trends in social media? A report by McKinsey Quarterly presented 10 trends in their edition of August 2010 as a result of a McKinsey survey of global leaders. They are listed bellow with a short description that I've added myself:

  1. Distributed cocreation moves into the mainstream
    Companies create value through web communities, examples: customer support, marketing and product development.
  2. Making the network the organization
    Social media help map information and information flow. This can be used to identify talent (even external).
  3. Collaboration at scale
    Social media can help employees collaborate better and reducing the issue of geographical distance.
  4. The growing ‘Internet of Things’
    Things are embedded with sensors and create data on the use of the object.
  5. Experimentation and big data
    Social media makes it easier to conduct experiments on a big scale (social networks can be mined for data).
  6. Wiring for a sustainable world
    Companies are using social media and IT to reduce their environmental footprint while profiting economically from it (nice).
  7. Imagining anything as a service
    Customers are getting accustomed to paying for what they use, products are becoming services. Examples: could-computing, ZipCar etc.
  8. The age of the multisided business model
    Models where all involved parties benefit. One example is companies providing free services while gathering and selling data on how these are used, like patientslikeme.com and MasterCard
  9. Innovating from the bottom of the pyramid
    Disruptive business models are arising from extreme market conditions (like in India or Africa) and new technology, example: Safaricom offering banking services through its mobile-phone services. These business models are immigrating to developed countries.
  10. Producing public good on the grid
    Public policies that incorporate new technology can help on economic and social strains of population density.  
How are these impacting leadership? I will explore the trends of social media and choose the ones that have the greatest impact on leadership. Then I will test these by interviewing Norwegian leaders that has excelled with social media. Do you know anybody?

2 kommentarer:

  1. Hi!
    I think this blogg has a very interesting view on the power of 2.0 and its impact on leadership http://thehypertextual.com/2009/11/08/enterprise-2-0-managers-in-10-principles/
    2.0:
    From broadcast to conversation
    From security to transparency
    From top down to bottom up
    From bureaucracy to agility
    From control to trust
    Its a very cool topic you have picked for your master thesis. My two favourite subjects combined:D

    SvarSlett
  2. Thanks Christian, great resource:-) it really sums it up well.

    SvarSlett