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Tuesday, 31 May 2016

The social economy: Unlocking value through social technologies


 



 

Social Technology

According to Harris Naseem the basis of social technology started in the mid-1990s such as Internet Cell Phones.

Benefits and risks of social technologies for individual’s corporates and communities.


General Benefits


According to MGI_The_social_economy_Full_report individuals will capture important share of value that companies create with social technologies like applications been currently used like Facebook and Twitter. Individuals will gain leverage over suppliers by joining other social platforms

Value creation


Which is created by the basis of marketing, product development and enterprise collaboration.

Product Development


New products are the primary source of growth for a business

Operations


Because  within corporates we have distribution network in a large scale creating advantages for individuals and communities of been aware of any changes or promotion companies like ShopRite, Checkers and PicknPay are already doing this.

 

Risk of Individuals


  • Social cohesion
  • User-generated content quality
  • Sexual predators
  • Cyber-bullying

Risk of Corporates


Internal Risks to enterprises

According to MGI_The_social_economy_Full_report

  • Worker Productivity
  • Proprietary information
  • Brand Reputation
  • Intellectual Property

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