Social technologies are extending organizations
McKinsey has been following the social business movement for some time now. And they're following to see if it can live up to the expectations. Recently they published the results of their 5th annual survey under 4200 global executives. The polled them how their organizations use social tools. The finding of the report are interesting. There's clear progress: social tools are being used more and more and in more effective ways. When adopted across the networked enterprise and integrated in work processes of employees, clear benefits are seen. There's a boost in financial performance and market share, which relates to the results of previous surveys. However not many companies are fully networked, meaning they are internally and externally networked. One of the most interesting things I read in the report was the fact that executives believe if organizational barriers to social tools diminish, they could transform the core business processes. This is a big stateme...