The possible business benefits of social networks

I have to admit I have been slow to find value in social networks and social media, particularly in a business context. Sure, I've tried Facebook, but I closed the account after I decided I simply did not care enough about the comings and goings, minute-by-minute activities and phone-enabled orgy of idiotic imagery (for example, the image here shows a foul baseball that landed just under the front passenger side of my car, hit by my 11 year old last night at the little league playoffs (they won, BTW) -- without my iPhone, this magical memory would be lost forever) of people I had not seen in person in years, and frankly have little in common with anymore.

Same for Twitter -- I have enough frequent, brief thoughts of my own to organize and evaluate I don't need them crowded out by the pithy musings of others, nor am I needy enough to really believe I am doing a disservice to humanity at large and hindering the advancement of intellectual discourse by not instantly sharing my every thought. That's what blogs are for, which are only slightly better in that they allow for the all-too-often unused capability to produce multiple drafts.

Now, LinkedIn I do use frequently, but less for interaction with others and more for research. And the more features they add, the less interesting it becomes to me as it just creates more visual noise.

Which leads me to the enterprise.  While many people are keen on the benefits of social media within business, I have been much less so.  Businesses exist to produce goods and services for less than the market will bear.  Social networks are distracting, and combined with other distracting technologies like email and phones, it seems to be more counter productive than not.

But here's the thing, whether I like it of not. Social media and networks can be fun and engaging. And if people engage, they contribute.

This has been the classic challenge in knowledge management. Just because you install software to enable a "Community of Practice" does not mean people will contribute. And those who do may not be the ones you really need, as the people who are really good at their jobs are generally busy doing their jobs, and have little time for anything else.

Another approach has been to hide rewards within a system to encourage users to explore it, but that tends to encourage the people who like to find things and get rewarded, and have the time on their hands to do so.  Which, again, are most likely not the people who excel at revenue producing activities.

Social media may be different.

Social media, if woven into the work flow and processes, could bridge the gap so that knowledge capture is thorough, useful and painless. But it will need to be guided and managed to truly be successful.