Social Media Evolution
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The document discusses how management is evolving in today's highly connected world. Traditional management hierarchies are breaking down as individuals can now connect directly through social networks and communities to achieve personal and financial goals without traditional management. Businesses now need to stay connected to employees, customers, and partners through networking, social media, blogging, and other online platforms to remain competitive in today's fast-paced environment where information spreads rapidly.
Social Media Evolution
- 1. The High-Speed Evolution of Management Today, in an age when everyone is connected (1 billion people with mobile phones, 550 million Facebookers, 140 million twitter users, 150 million bloggers you get the point), Adams Smith vision is finally becoming a reality: individuals are contracting directly with each other (via communities and social networks) to achieve their personal and financial goals (e.g. to be connected and recognized for their contributions) without management as traditionally defined. Networking Marketing Blog Vitual Social Media Interactive Online Putting more minds into our business matters. To stay competitive in today's fast paced world, our business needs to stay connected. Connected to the people who matter most: our employees, customers and partners.