Facebook in Pinstripes

Facebook in Pinstripes - http://blogs.bnet.com Avatar Posted by alphalife under Strategy
From http://blogs.bnet.com 5994 days ago
Made Hot by: on November 25, 2007 7:43 pm
Forget Microsoft Office and Excel. Your next powerful business tool could be Facebook. Andy McAfee, a Harvard Business School professor and an expert on Web 2.0 technologies and their applications in business, argues that social networking software brings certain types of people together in a much more efficient (and potentially cheaper) way than what many companies try to do by designing elaborate interaction spaces, conducting offsites, and creating carefully chosen work teams.

In fact, those corporate efforts are better at encouraging “strong-ties” among members — long-term, sustained relationships. Weak ties arise from infrequent and more casual interactions.

It turns out, says McAfee, that weak ties are better at promoting knowledge sharing and innovation because members with weak ties are more likely to interact with other groups. “Strong ties are unlikely to be bridges between networks, while weak ties are good bridges. Bridges help solve problems, gather information, and import unfamiliar ideas. They help get work done quicker and better.”





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Share your small business tips with the community!