The first aspect of the reading that related heavily to our discussion was again this idea of the antiquated and bland technology making for the most interesting social media implications. A very appropriate example, as I am posting on one right now, is the blog. The blog, once known as a medium for posting online diaries, has developed itself from very humble beginnings, to public blogs numbering in the hundreds of millions (no thanks to me). Blogs have been so common placed that "blogging is now a respected and influential medium". Over the course of the last ten years blogs have gone from one end of the spectrum to the other. And now as they sit at the other spectrum things really start to get interesting. Who would have thought 20 years ago, even 5 years ago that newspapers would be dying out, however in the last few years online news content has increased exponentially, leaving their paper predecessors in the dust. And with no limits on page size, word count or publication date the sky is the limit when it comes to blogs. It is no surprise therefore, that in our need for detail and depth that mainstream media sources are supplementing their content with blogs. Who knew blogs could have a hand in bringing down the NYT?
Further expanding upon this idea is the sheer size and success demonstrated by Wikipedia. One of the widest known Wikis in cyberspace, Wikipedia, like all other wikis, stems from the simple idea of "what you see is what you get". It is upon this simple platform that a highly accurate home to the wisdom of the crowds has spawned and contrary to popular belief, thanks to an active and up-to-date wiki community, is very accurate. The excessive amount of not only information, but accurate information, could never be possible if it weren't for the relatively simple and collaborative nature of the wiki.
I would also like to draw further upon the idea of blogs policing companies, be it their performance, product or response to the social media scene. I was extremely intrigued by the portion of chapter 6 that briefly touched upon the rise of an entire industry, as a result of this shift to the web 2.0. Online reputation management has grown exponentially in the past few years as companies have discovered that failing to address the online community is as good as playing with fire. Monitoring social media commentary is no longer a part time job, it is a force to be reckoned with. As we move even further into the depths of social media and online marketing, management of a corporation's image will rely even more heavily upon this new industry and will demand even more techniques, tools and methodologies to allow companies to put their best foot forward both in print and on the web.
One final thing I would like to draw attention to is IBM's use of social networking, as it appears to be very pertinent to our classes experiment with virtual attendance. As much as 42% of IBM's workforce works from home, thus requiring employees to rely heavily upon social media tools and virtual work groups to make it easier to locate expertise and specialization within the firm. As I think about IBM, I think not only about our experiment in class, but ten years down the road when it could be the norm for students to "attend" lectures via their computers. Technology, as it has proven time and again, has the ability to take something as common-placed, required even, as attending class and make it an antiquated notion of the past.
Rating: I would rate this article at a 3.0-3.5. It is exceptionally applicable to our class and provides a lot of material and cross over examples. It is interesting, though long winded at times.
Hadley,
ReplyDeleteI particularly like the point you made about IBM's heavy use of social media. I was shocked by that percentage of people who work at home, also. After reading your paragraph about that section of the text, I really began wondering what college would be like if we all went to class on the computer--ultimately I think it would take away the social aspect of classes, where you meet and get to know your classmates on a more personal level.
I tweeted this just a few hours ago, which is ironic because you talk about it in your blog. You noted that blogs playing a part in bringing down the New York Times, and I came across this article that says just that-http://mashable.com/2010/09/08/nytimes-print/
it says that NYTimes will go out of print sometime in the near future. shocking!
I also blogged about what you wrote about wikipedia, because it is still so surprising to me that a site operated and maintained only by volunteers could actually be an accurate source of information. I like that you quoted "what you see is what you get" because I also found that to be an interesting part of the reading about editing wikis.
Overall, I think you did a great job with your first blog post and I know you will continue to do so! You really drew out the overarching points that Gallaugher made in the chapter.
Hi Hadley,
ReplyDeleteThanks for sharing your ideas! I'll try to be less 'long winded' in the next iteration so that I can get that 3.0-3.5 up to whatever is your top #. I sure hope that your current rating isn't based on a scale of 10! Some thoughts:
I noticed that your review mentions nothing on the Social Media Awareness & Response Team framework. Did you use the latest section of the chapter (v. 1.1)? You can find it at:
http://bit.ly/SocMediaChapter
The SMART section is at:
http://bit.ly/SMARTSection
In fact, this response relates to what you'll learn in that section. The section makes the point that while not all firms choose to engage via social media, EVERYONE should be monitoring. Several tools are suggested for monitoring. I use Google Alerts & other tools, so that when someone blogs about keywords I follow (like my name or my book), I receive alerts with links to what they've written so that I offer what I hope is helpful feedback. The SMART section is likely the most valuable piece of that chapter. And you should find some really fun & practical examples there, too.
Good luck - if you read this section please do update the review!
Best,
Prof. Gallaugher
http://gallaugher.com - http://twitter.com/gallaugher
Professor Gallaugher,
ReplyDeleteThank you for your comments! And not to worry I was rating the reading on the basis of a 1 to 5 scale and purely in relation to its usefulness and effectiveness for our MI621 class!
As for the new section you referenced in your post, this is a perfect example of how social media and our response to social media are taking off so rapidly that in the space of a semester since I took MI021 your previous addition has become outdated because brand management and consumer quality are forever evolving with social media, the web, and technology in general.
As for your new additions specifically, to what is now chapter 7, from what I have gathered from a brief overview of the text, the leveraging of social media has exponentially expanded in all directions in the last few years. I particularly liked the four m's of engagement, particularly this idea of mediation. In brand management, customer satisfaction is obviously crucial and having the means to respond unsolicited to consumer complaints on the whole makes the consumer feel a touch of personal attention, without actually having a physical conversation or interaction. This reminded me of Professor Kane's love for his cable provider because rather than go through an automated customer service phone line he can simply follow the company on twitter. And when he is having trouble with his service he tweets to them about it! And in an hour or so someone comes back @profkane. This ability to reach out to customers and make them feel like their needs are being met or that their concerns are heard is essential for any good firm.
There is so much more content just in this one section that I would like to touch upon. So, there is more to come shortly!
All the best,
Hadley