Leveraging Social Networks for Results
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Leveraging Social Networks for Results

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This presentation gives an overview of social networks from an organizational and business perspective.

This presentation gives an overview of social networks from an organizational and business perspective.

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  • Full Name Full Name Comment goes here.
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  • Speaking of Social Networks, :)

    First Brazilian Social Network, what do you think? BeBrazil.com
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  • Excellent and very helpful. Great Presentation.

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  • Excellent. You've shown your credibility on presentation with this slideshow. This one deserves thumbs up. I'm John, owner of www.freeringtones.ws/ . Perhaps to see more quality slides from you.

    Best wishes.
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  • Great presentation about the require to innovate company models; how you can represent them succinctly; as well as the need to make advancement initiatives actionable. Superb use of photographs and obvious to see illustrative samples.

    Janie
    http://financejedi.com
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  • Well, thank you
    http://www.zhangxiaohe.org/
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  • Great to see so many people interested in networks. I came from Stanford where networking is part of everyday of life Started my PhD research over ten years ago and one of first things I did was to look at the knowledge flows between the r&D units of three multinationals, HP, Ericsson, and Xerox. At beginnign of knowledge management era and companies investing heavily in KM, these companies no exception. Found that top management invested heavily in different intranet applications, thinking understood how individuals worked. So for example, patent, then spoke with one of scientists and found that on one hand did not even access the intranet this application, nahh, just went next door to ask colleague who working with this. Much easier, faster, and better information. This got me started on my journey of looking into networks. Very much management not understanding the way work gets done and now with knowledge work, thinking can manage knowledge in same way managed physical resources of organization. But not the case… So here today to talk about networks

Leveraging Social Networks for Results Presentation Transcript

  • 1. Leveraging Networks for Tangible Results Dr. Robin Teigland Stockholm School of Economics [email_address] www.knowledgenetworking.org
  • 2. Everyone is talking about networks National Innovation Networks Formal Networks Entrepreneurial Networks Ego Networks Regional Networks Infrastructure Networks Social Networks FAS.research Electronic Networks Informal Networks Networks of Practice Networked organization
  • 3. A world of rapidly growing knowledge …. Growth Time Information and knowledge Human absorptive capacity Cohen & Levinthal 1989
  • 4. A world of rapidly growing knowledge …. > One week in 2007 A person’s lifetime in 18th century
  • 5. A world of rapidly growing knowledge …. 50% knowledge relevant 50% knowledge outdated First year of technical-based education Third year of education
  • 6. ....that is increasingly connected new friends family local colleagues old friends old colleagues colleagues at other offices Just a click away… virtual communities local networks old classmates
  • 7.
    • ” No one knows everything,
    • everyone knows something,
    • all knowledge resides in humanity.”
    networks. Lévy 1997
  • 8. What is a network? A set of actors connected by ties
    • Ties/Links
      • Knowledge, trust, team, sit by, dislike, etc.
      • Alliance, customer, investment, etc.
    Tie
    • Actors/Nodes
      • Individuals
      • Teams, organizations, etc.
    Actor
  • 9. Swedish hip hop artists Liljeros 2006 ?? Timbuktu
  • 10. Individuals within a firm Mattsson 2004 < 1 yr 1-5 yrs 5-10 yrs 10-15 yrs > 15 yrs Time at firm
  • 11. Individuals between business firms SEB Ray-Adams & Sandberg 2000 Interlocking directorates of Sweden’s 110 largest public firms, 2000 ??
  • 12. Networks of firms Dahlin 2007 Nocom Ericsson Telia Nokia TietoEnator
  • 13. Groups of organizations (Sectors) Teigland et al. 2004 Social interaction in Uppsala Biotech Cluster Government Inter-sector organizations Academia Biotech firms Servicefirms Financial Institutions
  • 14. Uncovering networks in an organization Teigland et al. 2005 Formal organization Informal organization
  • 15. Central connectors within one location Bottleneck  Teigland 1998 Surprise!! Stockholm
  • 16. Boundary spanners between locations Stockholm London Brussels Helsinki Madrid Copenhagen Transferred from Stockholm Teigland 1998 San Francisco
  • 17. Trust & reciprocity are essential for knowledge exchange in networks
  • 18. Peripheral players between organizations San Francisco Stockholm London Brussels Helsinki Madrid Copenhagen Teigland 1998 Other firms Electronic communities
  • 19. Dual loyalties Loyalty Loyalty Organization Professional network
  • 20. Increasing job turnover Time Number of jobs in lifetime Estimated time at one organization in Silicon Valley: ~18 months
  • 21. What about performance? Firm A High creative Low on-time High on-time Low creative Teigland 2003 High creative Virtual community Firm B
  • 22. The strength of weak ties Network A’s knowledge Network D’s knowledge Network B’s knowledge Network C’s knowledge Granovetter 1973
  • 23. Two divisions within Sundlink (Öresund Bridge) Section 1 Section 2 Improved efficiency over time Stagnant performance over time Schenkel & Teigland 2007
  • 24. Comparing across firms Teigland et al 2000
  • 25. Hewlett-Packard (1990s)
    • Networking activities recognized and rewarded at individual and unit levels
    • Management support for informal and formal networking activities across internal and external boundaries
    • Extensive socialization : personnel rotation, cross-office teams
    • A visionary organization
      • Clearly defined mission: ”To make technical contributions for the advancement and welfare of humanity”
      • Supporting core values, e.g., teamwork
      • Company-wide goal of World’s Best Laboratory
  • 26. Other network outcomes?
    • Individual level
      • Improved effectiveness
      • Improved job opportunities
      • Higher salaries
      • Faster promotions
      • Increased influence & power
      • Improved health
    • Organizational level
      • Organizational learning
      • Improved innovation
      • Increased sales
      • Decreased employee turnover
    Painting by Idahlia Stanley
  • 27. Myths about networks
    • I already know what is going on in my network
    • We can’t do much to help informal networks
    • To build networks, you have to communicate more
      • Adapted from Cross et al. 2002
  • 28. More social get-togethers and coffee breaks are not the solution
  • 29. “Managing” networks in your organization Before After Anklam & Welch 2005 1. Uncover networks 2. Analyze networks 3. Improve connectedness
  • 30. When you hire someone,… … ..you “hire” his or her network.
  • 31. Encourage an open innovation attitude Not all the smart people work for us. We need to work with smart people inside and outside the company. The smart people in our field work for us. If you create the most and the best ideas in the industry, you will win. If you make the best use of internal and external ideas, you will win. Closed attitude Open attitude Chesborough 2003
  • 32. So, what does this mean for you?
    • An actor’s position in a social network, i.e., social capital, determines in part the actor’s opportunities and constraints
    Casper & Murray 2002 German biotech scientists
  • 33. What can you do?
    • Where do you sit?
    • With whom do you eat lunch?
    • With whom do you socialize?
    • To which communities, networks do you belong?
    • Think strategically…
    • How are decisions made in your organization?
    • What information flows would you like to be in?
    • What resources will you need in the future?
  • 34. Develop participation in a variety of networks Strong ties Weak ties Outside organization Inside organization SOCNET
  • 35. Start your own network Swedish International Business School Alumni Network (SIBSAN) Stanford GSB Alumni Club Nobel Laureates Government Ministers Stanford
  • 36. But…….
    • “ Lika barn leka bäst”
      • People find similar people attractive and develop relations with people like themselves
    • Our networks tend to be homogeneous
    • and not heterogeneous
      • Marsden 1987, Burt 1990
  • 37. Go meet someone different
  • 38. Make yourself easy to find - Create a live CV
    • Blog
      • blogger, livejournal, typepad, wordpress, etc.
    • Social software
      • LinkedIn
      • Shortcut
      • ecademy
    • Media
      • Slideshare.net
      • Flickr.com
      • YouTube.com
  • 39. Myths and reality checks
    • I already know what is going on in my network
        • Those who think they know their network the best are usually the ones who know the least
    • We can’t do much to help informal networks
        • Informal networks can be “managed” through changing the organizational context
    • To build networks, you have to communicate more
        • Networks can be strategically developed
      • Adapted from Cross et al. 2002
  • 40. The positive spiral of social networks tschaut’s photos Contribution Reciprocity Accumulation Value
  • 41. References and acknowledgements
    • Books
      • Barabási, Linked: The New Science of Networks . Perseus, 2002
      • Castells, The Rise of the Network Society . Blackwell, 2000
      • Cross & Parker, The Hidden Power of Social Networks . Harvard Business School, 2004
      • Gladwell, The Tipping Point . Abacus, 2001
      • Scott, Social Network Analysis . Sage, 2000
      • Teigland, Knowledge Networking , SSE, 2003
      • Teten & Allen, The Virtual Handshake . Creative Commons, 2007
    • Homepages
      • Stephen Bird, people.bu.edu/sbird
      • Steve Borgatti, www.socialnetworkanalysis.com
      • Rob Cross, www.robcross.org
      • International Network for Social Network Analysis http://www.insna.org/
      • David Krackhardt, www.andrew.cmu.edu/user/krack/index.shtml
      • Valdis Krebs, www.orgnet.com
      • Fredrik Liljeros, www.sociology.su.se/home/Liljeros/index.html
      • James Moody, www.soc.duke.edu/~jmoody77/presentations/index.htm
      • Giancarlo Oriani, www.informalorg.eu (In Italian)
      • Barry Wellman, www.chass.utoronto.ca/~wellman/
  • 42. Go network! Thanks!!!