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Yet another reminder of the old saying “Those who can do. Those who can’t teach.” You couldn’ be further from the truth. Facebook, or more generically any social networking platform, has significant advantages such as the ability to instantly add/configure/customize/network an application. This dramatically lowers the barriers to entry (correct on that point), but it also lowers the cost of switching for users. Yes, creating a standard (massive usage) creates a barrier to switching, but not an insurmountable barrier. Frankly, “social networking” as application is boring to me and it may prove to be a fad. I don’t really care about the minor personal gestures of my 400+ friends. But the social platform is exceptionally compelling to me as a user, developer and visionary. social discovery and vetting of application is huge. I’ll drop one app and add a competitor in 2 minutes. My friends will do the same if it offers a compelling value. Your application of the old school metrics of the PC platform to a social platform ignores the low switching costs, social discovery of applications, incredibly low marketing costs and all of the other benefits of a social platform that will power future applications. The fact that one person in a dorm room can write a killer app that can spread virally is exceptionally powerful. That simply cannot happen on the PC. It can happen on the web, but having done it a couple of times myself, I can tell you it is costly. Will Facebook become the ultimate platform, will Opensocial win, will browsers encapsulate social connectivity across all websites/webapps, will the semantic web finally deliver? I don’t know the winner, but social apps are here to stay. Yes there will be a lot of crap apps, but the social fabric will help separate the wheat from the chaff. Sorry, but I give your analysis an F :)

Facebook’s most important strategic asset is not its community of developers but its network of users.

Does Platform build or leverage this strategic asset?

Jeremiah Owyang discusses how web tools and social media enable companies to connect with customers Forrester Wave Report: The Leaders in Community Platforms for Marketers (Part 4/4)

Key findings of the 9 vendors

First of all, this is still a very young market, with the average tenure of a company being just a few years in community. Despite the immaturity, we evaluated nine and were impressed with Jive Software and Telligent Systems who lead the pack because of their strong administrative and platform features and solution offerings.

Gary: “Am I participating in this conference by asking this question”,

The speaker then went onto to say academics have to draw a line in the sand between involvement those who may change the title of a podcast they downloaded for example and those who submit truly original content. Afterwards I said why do you have to draw a line when we are talking about ‘degrees’ of participation? He said academics like defined lines and specificity to be able to hang theories on - yet none showed any kind of digram or quantification of those lines. So here is my ‘line’ in the sand stating that participation in society, politics, online social networks etc: is not either on or off it is a continuum of degrees of influence. It is an analog and not a digital 0 or 1 as the academics represented seem to propose.

Gary: “Then why are those who comment, rate, share, recommend, mash-up not considered participants in online social networks?”

When you gather people together in any sort of group, a social structure most always arises. Leadership is something that comes natural to some, and others have it thrust upon them.

Mobile social money, the final frontier? In the final part of discussions of social networks, media, banking and money, I thought I would turn attention to the use of mobile devices as access media to these networks. Mobile usage in banking has grown to a crescendo in the past year, after bubbling away nicely since the turn of this century. This is in part down to the fact that the latest smartphones allow a bank to deploy fully functional internet banking services to mobile devices using the same platform as their main websites. In other words, it is now cost-effective and appropriate to do this. However, the challenge with mobile finance is that we tend to discuss mobiles as one homogenous group of devices when: (a) there are many devices; and (b) the use of mobile devices to access financial services are not homogenous. Let’s look at (a) first.

from my experience most social media consultancies are a waste of time, money and effort - a disproportionate amount of effort is placed on marketing (esp branding). most of the real strategic value in this medium is beyond purely the marketing function, and needs attention at a the central organizing function of the business. many of "social marketers" are far too obsessed with measuring brand. this is a BIG distraction imo. the interactive agencies lack the business rigor and corp strategy competency. SM is growing up - should be focusing instead, on achieving whole new levels of value. real step function increases.  a tip paul - my advise would be to pick a real GROWN UP innovation strategy firm. It's that important. It's not about selling the same old stuff, in a new way, but focusing further up the value chain. your precious contacts will thank you for it.

Bourdieu defines social capital as, "the aggregate of the actual or potential resources which are linked to possession of a durable network of more or less institutionalized relationships of mutual acquaintance and recognition." (248) An individual's social capital is determined by the size or their relationship network, the sum of its cumulated resources (both cultural and economic), and how successfully (quickly) the individual can set them it in motion. According to Bourdieu, social networks must be continuously maintained and fostered over time in order for them to be called upon quickly in the future.

The Social Web TV - "Open Stack" Meetup Pt8

Reversing the Enterprise 2.0 Pricing Model

Why is the Enterprise 2.0 market not taking off more strongly? The reason has to do partly with ill-conceived pricing structures: volume-discount (VD) schemes. Fix them, and you fix one of the obstacles preventing the market from expanding rapidly. And by fixing them is meant reversing them, in particular by using volume-increasing schemes. Pricing Tied to Volume Enterprise social computing offerings -- such as social networks or the numerous Twitter-for-the-enterprise applications that currently abound -- generally don't have complex pricing structures. They are volume-discount based: that is, the more accounts customers buy, and the more employees who use them, the larger the discount vendors give them, and the lower their average price per user will be. Some vendors advertise flat pricing schemes, but when a customer is big enough, a volume-discount deal inevitably creeps in. Value and Cost Out of Balance

Volume-discount pricing structures are simple, tried, and true. So, why aren't they efficient? The reason is because of where returns on investment (ROIs) are located. Enterprise social computing offerings provide increasing marginal productivity as they scale, at both the individual and organizational level. The more that employees use a service, the higher the margin gained by their company in productivity, and the more the company extracts value from the product. A corporate customer that has 10% of its employees using a Twitter-like product won't extract as much value as one that has 50% of its employees using it.

McElhaney, Kellie A., Toffel, Michael W., Hill, Natalie. (forthcoming 2005). Designing Sustainability at BMW Group: The Designworks/ USA Experience. Strategic Sustainability

McElhaney, K. & Hill, N. (December 2003). Human Right in Business: The Case of Hewlett-Packard United Nation Global Compact. UN Global Compact case book forthcoming in 2004. McElhaney, Kellie A. (December 2003). Ways in Which Academia Can Assist Business in CSR Programmes. The International Chamber of Commerce Guide to Corporate Social Responsibility 2003. PPf Publishing, London, England. McElhaney, Kellie A. November, 2003. Strategic Partnerships in Corporate Social Responsibility. Welcoming Brief for G8 Summit in London and Dubai. Michael W. Toffel, Natalie Hill & Kellie A. McElhaney. 2003. Developing a Management Systems Approach to Sustainability at BMW Group, with Natalie Hill and Kellie A. McElhaney, Corporate Environmental Strategy: International Journal of Corporate Sustainability 10 (2): 29-39. Michael W. Toffel, Natalie Hill & Kellie A. McElhaney. 2003. BMW Group's Sustainability Management System: Preliminary Results, Ongoing Challenges, the UN Global Compact. Corporate Environmental Strategy: International Journal of Corporate Sustainability 10 (3): 51-61.

Strategic Corporate Social Responsibility

Jive Software makes enterprise-class social software that connects employees, customers, and partners. We have two flagship products: Clearspace, collaboration software that applies a people-centric approach to facilitate workforce networking and productivity, and solves the problems associated with legacy file-based systems; and Clearspace Community, community software that is used to engage customers, build brands, and accelerate marketing initiatives. Jive's social software solutions are used by more than 2,500 customers -- including over 15% of the Fortune 500.

Gin, Television, and Social Surplus

9 Technologies to Watch & Get Involved With in 2009

1. All Social Media is Now Mainstream

2. Twitter Means Business

Three types of web widget

Web aggregators, which provide site-centric widgets.

Pure plays, which provide portable widget containers.