The document discusses how social networks are transforming relationships and business. It notes that while in the past people had fewer relationships, social media now allows people to connect with hundreds or thousands of others. It argues that social networks are becoming the new primary way that consumers find recommendations and access websites. The document provides examples of how different companies have successfully used social media to drive new business opportunities and recruit employees. It advocates developing a strategic social media plan to maximize return on investment in areas like connecting with customers, recruiting, and distributing brand messages.