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From the Road, The Buzz

Social Networking – A Friend or Foe of Sales?

New ImageI was talking to the global VP of Sales of a member company  the other day, and she said something that made me think of, arguably, the biggest social phenomenon of the 21st century – the power of social networking , and the role it plays (or could play) in the world of Sales.

The member said, “I love what my twenty-eight-year-old MBA graduates bring to the table, I just can’t stand the way they communicate.”

At the risk of stereotyping, I’d agree that Millenials are generally more informal and bold than the corporate world would like, but they are also more willing to share and listen to each other.

This makes me wonder, in an age when one can have hundreds of “friends” on Facebook and can summarize “War and Peace” in less than 140 characters on Twitter, why wouldn’t sales organizations encourage these informal networks among its sales force for collaboration and sharing of customer insight? 

A study done by The Network Roundtable at the University of Virginia found that networks play a critical role in organizational excellence by feeding organizational innovation, creating sources of competitive advantage, and improving staff engagement and quality of work life. 

So, why not capitalize on these benefits by giving employees an outlet for sharing their knowledge and experience? And, more importantly, why not use this channel to push frontline knowledge to the top? Read More »

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