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Getting More Value In Enterprise with Social Bookmarking

The last few weeks I have been running across a few companies postponing or canceling their social computing or Enterprise 2.0 efforts. The reasons vary from the usual budget shifts and staff changes (prior projects were not delivered on time), and leadership roles need filling. But two firms had new concerns of layoffs or budget cuts.

To both firms I pointed out now was the exact time they really needed to focus on some Enterprise 2.0 efforts, particularly social bookmarking as well as wikis and blogs. These solutions help gather information, find value across the organization, capture knowledge, build cohesiveness for members of the organization in time where there there is uncertainty. One of the biggest reasons that these tools make sense is their cost to deploy and receive solid value. As Josh Bernoff  (and others in from Forrester) points out in the Strategies For Interactive Marketing In A Recession free report from Forrester, the cost to deploy is in the $50,000 to $300,000 range (usually more expensive for large and more complex deployments).

Social Bookmarking has Great Value in the Enterprise

Every organization needs to know itself better then they currently do. The employees and members of the organization are all trying to do their job better and smarter. The need to connect people inside an organization with others with similar interest, contexts, and perceptions is really needed. I am a huge fan of social bookmarking tools to help along these lines as it helps people hold on to information they have need, want, or have interest in (particularly with future uses) and put things in their own context and perception. Once people understand the value they derive from using the tools to hold on to information out of their vast flow and streams of information and data that run before them each day they quickly "get it". As people also share these bookmarks in the organization with their tags and annotations, they also realize quickly they are becoming a valuable conduit to helping others find information and they grasp the value they will derive from being a resource that adds value in the organization. Other people derive value from information in the organization and outside it being augmented with individual perspectives and context. When this is pair with search, as Connectbeam does with their social search that pairs with existing FAST, Google Search Appliance, and others in-house search engines, the value the whole organization receives is far beyond the cost and minimal effort people are putting into the tools to get smarter, by more easily holding on and sharing what they know.

Nearly every attendee to the workshops I have put on around this subject quickly realizes they undervalued the impact and capability of social bookmarking (as well as other social computing tools) in the enterprise. The also provides a strong foundation for better understanding social computing to increase the derived value for all parties (individuals, collective users, collaborative users, and the organization).

Is is time for your enterprise to get smarter and provide more value inside and out?

February 8, 2008 in Access to Info, Enterprise, Folksonomy, Social Software | Permalink

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Listed below are links to weblogs that reference Getting More Value In Enterprise with Social Bookmarking:

» Getting more value: Social bookmarking from elearnspace
When trying to expose faculty at University of Manitoba to the concept of networked learning, I find social bookmarking tools (such as del.icio.us) are a great starting point. Why? Most people can relate to having a mess of bookmarked pages... [Read More]

Tracked on Feb 12, 2008 10:19:12 AM

» Making Sense Of New Technologies And Media: An Opinionated Digest by George Siemens - Feb. 16 08 from Robin Good's Latest News
Getting to understand, appreciate and follow all that happens in the online world takes more attention and energy than any normal individual can ever have. This is why, increasingly we need newsmasters, curators, and opinionated digest editors who can ... [Read More]

Tracked on Feb 16, 2008 4:44:28 AM

» Social Bookmarking and Enterprise Value from BizTechTalk
The value of a random stumble is really underrated. I've known of Thomas Vander Wal for several years, when I first became involved as a member of AifiA (now The Information Architecture Institute), and his very early work in Folksonomies, [Read More]

Tracked on Feb 27, 2008 3:55:26 PM

» Social Bookmarking has Great Value in the Enterprise – Thomas Vander Wal from The Connectbeam Social Computing Blog
I was pleased to see Thomas Vander Wal’s post, Getting More Value in Enterprise with Social Book Marking (via BizTechTalk). Thomas is an information architect best known for coining the term "folksonomy."He is also known for initiating the term "infocl... [Read More]

Tracked on Jun 30, 2008 10:26:49 AM

Comments

Social bookmarking now made easier to access in any browser like Mozilla,internet explorer.


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Social Bookmarking Service

Posted by: Mathew at Nov 24, 2008 12:19:09 AM

The social bookmarking market is in a steady state with two dominant players - del.icio.us and StumbleUpon. The rest of the pack, including Yahoo MyWeb, appears to be substantially behind. Will they catch up? In this post we attempt to answer that question.

We also take a look at how social bookmarking has evolved since del.icio.us. (even del.icio.us itself has evolved a lot!). We compare the features and approaches of the different companies, to see which has gained popularity and what has become the norm in this space.

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Posted by: despino at Jun 5, 2009 8:31:27 AM

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