The Business Case for Social Media

Business Case for Social with ROI

WebworldTech posted a great recap of a session I was in and thought I would share his great thoughts. You can find his post on The Business Case for Social Media here:

Value Proposition Highlights

  • Quality of dialog
  • Reduced storage costs due to centralized /de-duplicated storage
  • Communal information – tap in to corporate knowledge better
  • More rapid peer-to-peer computing
  • Collaborative problem solving
  • There’s a lot of BI that you can’t easily abstract with a chart or a spreadsheet – it’s a question that gets answered by SOMEBODY and that’s social networking to solve that
  • Decreased time-to-value for new employees
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