Rise of Social Networks make Teamwork EASIER

As the title says the rise of social networks does make teamwork easier.  A study has shown that companies who use networking to advertise and communicate did better financially than those companies who didn't.  Corporations should take any opportunity they get to use technology to their advantage.  It will increase awareness, productivity, and the ultimate goal, PROFIT.  An instructor at Georgia State University said "Businesses now have the tools to take trust to a whole new level."  Almost anything can be done over the Internet, marketing, selling, and advertising.

Different developing uses of technology and social media are changing the way employees and colleagues work together.  Talking to anyone at anytime of the day is now possible.  Whether it is over cell phones, skyping, conference calls, or just emails.  Meeting in person is now a part of the past.  Companies have to change the way they operate based on new technology.  Their goals are to make profit, so if they can find a cheaper way to communicate and marketing they will.  Emerging businesses not just to other states but worldwide can make a drastic difference.  People in other countries can market your product their, advertise it, and sell it while the corporation is miles and miles away.  Technology changes day by day so having a team and being able to work together will create new ideas faster.  "We came to a very early realization that the discussions that go on the Web touch every part of the business."  This statement said by the director of social media at Dell is true in so many ways.  A statement on the Internet can harm or help a company tremendously.  Having someone dissatisfied and write a complaint about your company can put a bad reputation in the marketing world for you.  Now on the other hand having a professional athlete or somebody famous market your product will cause consumers to think good things about it.  

Connections are said to increase speed of access to knowledge by 77%

New and improved technologies can reduce travel cost by 44% 

These techniques and ideas will help a company:

1. Save money

2. Keep you up to date

3. Make PROFIT

I believe this article was very useful to talk about how technology is impacting communication but it also shows how a company uses teams to operate efficiently.  As we talked about in class technology is changing by the second.  Before we know it all the ideas about glass screens will be reality.  Teamwork is key in almost any situation because more minds are better than one.  It gives you countless advantages as in more and better ideas to help the company.  All teams go through stages like storming (figuring out who is best for what position), norming (coming up with the ideas to help the company), and actually performing (putting the ideas to work).  These stages of team development happen everyday but most of the time they come natural so people don't notice it.  

Strengths of this article are that it talks about everything we've been going over in class all together.  How companies use teams and how technology impacts the way people communicate is all in one article.  The article had some statistics that show exactly how much technology is changing the way we communicate in a positive way.  Weaknesses of this article are, that the table shown is very hard to comprehend; it could be displayed in an easier way.  Josh Hyatt the author only talks about advantages, which is a good thing but sometimes it's better for readers to know the disadvantages as well so we can weigh out the options.  

I took out of this article that teamwork is the key.  With teamwork anything can be accomplished.  One person may be a good marketer while another person may be really informed about engineering.  Having everyone come together as one creates more ideas and better opportunities for tomorrow.  I would surely recommend this article to others. It is informative, very well written, and easy to understand for anyone.  

Hyatt, Josh. (July-Aug 2012). "Putting social networks to work: companies are finding real economic value in cooperation and social 
media." CFO, The Magazine for Senior Financial Executives, 58+. General OneFile. Web. 

Document URL

http://go.galegroup.com/ps/retrieve.do?sgHitCountType=None&sort=DA-SORT&inPS=true&prodId=ITOF&userGroupName=lom_adriancollg&tabID=T002&searchId=R3&resultList
Type=RESULT_LIST&contentSegment=&searchType=AdvancedSearchForm&currentPosition=5&contentSet
=GALE%7CA299886983&&docId=GALE|A299886983&docType=GALE&role=