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If you lead them, they will follow!
Traits today's leaders "must have" to survive and lead without self-destructing
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Elite Leadership Tweets and the $1.3 Trillion Price Of Not Tweeting At Work -

Elite Leadership Tweets and the $1.3 Trillion Price Of Not Tweeting At Work - | If you lead them, they will follow! | Scoop.it

"Recently, the CEO of Oracle, one of the largest and most advanced computer tech corporations in the world, tweeted for the very first time and joined a club that remains surprisingly elite."


DN:  Twitter is peerless in its current, to the moment sensing of what is going on in the world and the ease with which connections happen.  Leadership + social, however, moves slowly, as attested by the CEO of HootSuite.  HootSuite has been my favorite twitter management tool, by the way.  

 

Leader reluctance to fully understand the impact and usefulness of social media may be to their company's detriment, via new findings released by McKinsey as well as learning which big companies are investing in social now.


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Social technologies [can] free up expertise trapped in departmental silos. High-skill workers can now be tapped company-wide

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Excerpts:

 

Among CEOs of the world’s Fortune 500 companies, a mere 20 have Twitter accounts. Larry Ellison, the Oracle CEO, by the way, hasn’t tweeted since.

 

A new report from McKinsey Global Institute, however, makes yet another business case for social media:

  

According to an analysis of 4,200 companies by the business consulting giant, social technologies stand to unlock from $900 billion to $1.3 trillion in value.   At the high end, that approaches Australia’s annual GDP.   Two-thirds of the value ...rests in “improved communications and collaboration within and across enterprises...”     Any human interaction in the workplace can be "socialized"--endowed with the speed, scale, and disruptive economics of the Internet.

 

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In the last year...Google, Microsoft, Salesforce, Adobe and even Oracle, spent about $2.5 billion snatching up social media tools.
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...R&D teams brainstorm products, HR vets applicants, sales fosters leads, and operations ...forecasts and monitors supply chains.

  

Social technologies [can] free up expertise trapped in departmental silos. High-skill workers can now be tapped company-wide.

  

...social sharing translates to a productivity windfall as "enterprise information becomes accessible and searchable, rather than locked up as ‘dark matter’ in inboxes.”

 

In the last year, the world’s largest enterprise software companies--Google, Microsoft, Salesforce, Adobe, and even Ellison’s own Oracle--have spent upward of $2.5 billion snatching up social media tools to add to their enterprise suites.

 

Even Twitter-phobic CEOs may have a hard time ignoring that business case.

 

Read the full article by Author Ryan Holmes, the CEO of HootSuite here.  Hootsuite is a social media management system with 4 million users, including 79 of the Fortune 100 companies.


Via Deb Nystrom, REVELN
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Leadership Teams: Success Factors! Where Teamwork Thrives in the Money Management Industry

Leadership Teams:  Success Factors! Where Teamwork Thrives in the Money Management Industry | If you lead them, they will follow! | Scoop.it

Factors that truly differentiate top firms. It's the leader teams!

Recently, the Focus Consulting Group surveyed more than 100 asset management firms around the world, testing both for the strength of their cultures and for the effectiveness of their leadership teams....

 

Excerpts:

 

Of the investment professionals we surveyed, fully 94% agree with the statement: "Culture is important to our firm's success." Why do they think so? For them, the key benefit is "effective decision making." Both are interesting findings from an industry often seen as celebrating lone geniuses and superstars.

 

The same "elite" six firms that demonstrated superior cultures also posted senior leadership teamwork scores that are significantly higher than average. In particular, they distinguished themselves from the rest of the investment industry on five dimensions.

 

Source:  http://blogs.hbr.org/cs/2012/04/where_teamwork_thrives_in_the.html?awid=9186393578493521766-3271

 

 


Via Deb Nystrom, REVELN
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