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Friday, September 23, 2011

The Hazards of Being Too Social in the Age of Social Media

Taken from:

The article suggests that by doing too much with social media can undermine corporate information. It suggests that the overuse of Twitter, LinkedIn, and even Facebook gets executives so they accident 'blab' inside information.

For example, "Now, Bloomberg reports that HP vice president Scott McClellan tipped off competitors about previously undisclosed details of the company’s cloud computing strategy on his LinkedIn profile."

The old adage "loose lips sink ships" in the military meant that even a casual comment like "our ship is leaving port tonight" could tip off an enemy submarine. Likewise a casual comment like "we are selling off our PC group" could cause prices to drop and a company to look bad.

(as I am reading and grading assignments, one student had this comment: "I do know for a fact that some employees have been terminated due to their social networking post."


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