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Benjamin Jörissen

Putting a Price on Social Connections - BusinessWeek - 0 views

  • Workers who have strong communication ties with their managers tend to bring in more money than those who steer clear of the boss, according to a new analysis of social networks in the workplace by IBM (IBM) and Massachusetts Institute of Technology.
  • a dollar value to e-mail interaction with an employee's managers
  • average of $588 of revenue per month over the norm
  • ...4 more annotations...
  • That's why leading tech companies, including IBM, Microsoft (MSFT), and Yahoo! (YHOO), are hiring economists, anthropologists, and other social scientists to map and classify new types of friendships—and put a value on them.
  • not all networking yields dividends
  • consultants with weak ties to a number of managers produced $98 per month less than average
  • process "conflicting demands from different managers,"
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