This document discusses social media and its use in construction markets. It first looks at definitions of social media and how companies can benefit from using social media platforms like Twitter, LinkedIn and blogs. Specifically, it notes that 44% of architects use Twitter for work and quotes from industry professionals about how social media allows for collaboration, changes how companies work, and helps solve problems. The document then discusses risks of social media related to privacy and outlines eight key steps for running a successful social business using social media, such as listening, planning ahead, involving employees, finding advocates, focusing on customers and connecting to the real world.