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	<title>2020 Workplace &#187; Facebook</title>
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	<link>http://2020workplace.com/blog</link>
	<description>innovations to attract, develop, and keep talent</description>
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		<title>Social Media in Regulated Industries &#8230; and Facebook for Banks</title>
		<link>http://2020workplace.com/blog/?p=647</link>
		<comments>http://2020workplace.com/blog/?p=647#comments</comments>
		<pubDate>Tue, 25 Oct 2011 13:57:54 +0000</pubDate>
		<dc:creator>Steve</dc:creator>
				<category><![CDATA[Social Media]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Financial Industry]]></category>
		<category><![CDATA[Social Learning]]></category>
		<category><![CDATA[social learning boot camp]]></category>
		<category><![CDATA[social media]]></category>

		<guid isPermaLink="false">http://2020workplace.com/blog/?p=647</guid>
		<description><![CDATA[Regulated and compliance-heavy industries &#8212; such as finance, pharmaceuticals, consulting, government and healthcare &#8212; often fear that those blocks make social media use and social learning nearly impossible. A recent...]]></description>
				<content:encoded><![CDATA[<p>Regulated and compliance-heavy industries &#8212; such as finance, pharmaceuticals, consulting, government and healthcare &#8212; often fear that those blocks make social media use and social learning nearly impossible.</p>
<p>A recent participant in the <a title="Social Learning Boot Camp" href="http://www.sociallearningbootcamp.com/" target="_blank">Social Learning Boot Camp</a> told us, “I have been so stuck in the mindset that social media for training wouldn&#8217;t work because of compliance.” Another participant realized that obstacles to implementing social learning are shared by most organizations: “All companies &#8211; regulated or not &#8211; are struggling with social ‘anything’.&#8221;</p>
<p>Yet people such as <a title="Andrew Wolff - PwC" href="https://twitter.com/#!/andrewBwolff" target="_blank">Andrew Wolff</a>, educational methods leader at PricewaterhouseCoopers, and Robert Campbell, chief learning officer at Cerner Corporation (<a title="Cerner" href="http://blogs.hbr.org/cs/2009/11/the_uberconnected_organization.html" target="_blank">see more</a>), helped boot camp participants understand that you CAN implement successful social learning initiatives despite many constraints.</p>
<p>In her recent Mashable piece, Zoe Fox explores “<a title="Facebook for Banks" href="http://mashable.com/2011/10/24/banks-facebook/" target="_blank">5 Best Practices for Financial Institutions on Facebook</a>”:</p>
<ol>
<li>Don’t Just Talk About Banking</li>
<li>Host Contests</li>
<li>Offer Career Advice</li>
<li>Be Cool</li>
<li>Show Off Your Good Work</li>
</ol>
<p>How are you overcoming blocks and obstacles to implement social media and social learning in regulated and compliance-filled workplaces?</p>
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		<item>
		<title>Online Games: Ready For Prime Time Leadership Development?</title>
		<link>http://2020workplace.com/blog/?p=12</link>
		<comments>http://2020workplace.com/blog/?p=12#comments</comments>
		<pubDate>Wed, 04 Jun 2008 01:47:42 +0000</pubDate>
		<dc:creator>Jeanne Meister</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Harvard Business Review]]></category>
		<category><![CDATA[Leadership Development]]></category>
		<category><![CDATA[Online games]]></category>
		<category><![CDATA[talent management]]></category>

		<guid isPermaLink="false">http://0319bfa.netsolhost.com/WordPress/?p=12</guid>
		<description><![CDATA[The May issue of Harvard Business Review is now off the shelves but the cover story, entitled, “Leadership’s Online Labs,” by Bryon Reeves, Thomas Malone and Tony O-Driscoll has become...]]></description>
				<content:encoded><![CDATA[<p><a title="World of Warcraft" href="http://web.archive.org/web/20080705233722/http://newlearningplaybook.com/blog/wp-content/uploads/2008/06/wow.jpg"><img src="http://web.archive.org/web/20080705233722/http://newlearningplaybook.com/blog/wp-content/uploads/2008/06/wow.jpg" alt="World of Warcraft" /></a></p>
<p>The May issue of Harvard Business Review is now off the shelves but the cover story, entitled, “<a href="http://web.archive.org/web/20080705233722/http://harvardbusinessonline.hbsp.harvard.edu/b02/en/common/item_detail.jhtml?id=R0805C">Leadership’s Online Labs</a>,”  by Bryon Reeves, Thomas Malone and Tony O-Driscoll has become a buzz  among Chief Talent Officers and Chief Learning Officers.</p>
<p>If you are like me and did not grow up playing multiplayer online games also known as MMORPG’s (<strong>M</strong>assively <strong>M</strong>ultiplayer <strong>O</strong>nline <strong>R</strong>ole-<strong>P</strong>laying <strong>G</strong>ames)  it is important to give you some context.  Multiplayer online games are  a large and growing market with current estimates topping 50 million  users. <a href="http://web.archive.org/web/20080705233722/http://www.worldofwarcraft.com/index.xml">World of Warcraft</a> alone has 10 million players who each pay a subscription fee of $15 a  month. According to the Palo Alto Research Center, participants’ play an  average of 20 hours a week, their average age is 27 years old and 85%  are male. They are not exactly your typical corporate employee, but the  question is this: What can we learn from how these virtual teams form to  solve a problem and then disband?</p>
<p>Questions about what the participants do when they play these games  has caught the interest of corporate talent and learning officers.  Essentially, they are facing the same organizational challenges as many  of our leaders in today’s FORTUNE 500 firm, namely they are:</p>
<p>•	In constant recruitment mode<br />
•	Experimenting with being creative about motivating and rewarding top talent<br />
•	Using the latest collaborative tools so global teams can be constantly connected to each other<br />
•	Incorporating more personalization into day-to-day interactions with team players</p>
<p>So, if we believe these online games are a preview for what leaders  will be facing in the next few years, what can we learn about what  works? Here are some lessons and observations from Leadership’s Online  Labs article:</p>
<ol>
<li>Think first about how to change the game rather than solely focusing  on “building individual leadership competencies.” Two suggestions:  First think about offering immediate individual and non-monetary team  rewards. This can range from public ratings and ranking systems  recognizing stellar individual contributions (think Amazon ratings here)  to devising a game-inspired set of incentives where players have  visibility into what their reward will be if their team is successful.  As the HBR article states, “the power of online games is that people  care very much about the virtual gains and losses, even if the currency  that records them can’t be exchanged for dollars.” So the processes we  set up for documenting individual contributions and allowing these to be  rated, commented on and ranked is a very powerful incentive.</li>
<li>Create more detailed views into the profiles of team members as I discussed last week in my article, “<a href="http://web.archive.org/web/20080705233722/http://newlearningplaybook.com/blog/2008/05/23/performance-management-20/">Performance Learning 2.0</a>“.  The static employee profile used for decades by human resource officers  is slowly being replaced by a “personal employee tag cloud” where you  can view a snapshot of an employee’s personal and professional  life—courses taken, language fluency, projects worked on and work/life  goals for next few years. But a note of caution here, employees will ask  how this data will be used and companies will need to develop a set of  guidelines and policies if they go down this road.</li>
</ol>
<p>Some questions for you and your teams as you leverage the lessons of online games:</p>
<ul>
<li>What is your Facebook Strategy? This has come to mean do you have a  strategy for embedding social media into your learning/talent  development offerings? This does not have to also mean losing control or  taking risks regarding security. Rather, it implies that your  organization is making a commitment to experiment with using social  media as a way to become relevant to the Millennial Generation.</li>
<li>How much of your Learning &amp; Talent Management staff is from the  Millennial Generation? Are you tapping into this mindset as you partner  with your customers to design and develop new programs?</li>
<li>Are you taking the lead to “educate” your organization’s IT  department on how game-inspired processes and incentives may need to be  created to attract, develop and retain Millennial Generation. For  example, have you created a presentation on social media for learning  and shared this with your IT department? Remember IT departments need to  be brought along early rather than having Human Resources “come up with  a solution and then try selling it to IT.” One way companies are doing  this is appointing a Chief Technology Officer for their learning  department.</li>
<p>Please share your thoughts with our growing community and me.</ul>
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		</item>
		<item>
		<title>Facebook for the FORTUNE 500 Firm?</title>
		<link>http://2020workplace.com/blog/?p=23</link>
		<comments>http://2020workplace.com/blog/?p=23#comments</comments>
		<pubDate>Sun, 13 Apr 2008 01:54:57 +0000</pubDate>
		<dc:creator>Jeanne Meister</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[CLO]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[LinkedIn]]></category>
		<category><![CDATA[Millennials]]></category>
		<category><![CDATA[social networking]]></category>

		<guid isPermaLink="false">http://0319bfa.netsolhost.com/WordPress/?p=23</guid>
		<description><![CDATA[This week, I spoke and attended the CLO conference entitled “Orchestrating Change: Leading Organizations with Learning.” My presentation focused on Brave New Learners: Millennials and Beyond. The presentation addressed such...]]></description>
				<content:encoded><![CDATA[<p>This week, I spoke and attended the CLO conference entitled  “Orchestrating Change: Leading Organizations with Learning.”  My  presentation focused on Brave New Learners: Millennials and Beyond.</p>
<p>The presentation addressed such issues as:</p>
<ul>
<li>What impact will all of this have on the four generations currently in the workforce?</li>
<li>Do Millennials really learn differently?</li>
<li>Will FORTUNE 500 companies ever create their own Facebook for internal use?</li>
</ul>
<p>There is no doubt that online social networking is weaving itself  into the fabric of all four generations in the work force, defined as:</p>
<p>Veterans born between 1925-1945<br />
Baby Boomers born between 1946-1965<br />
Gen X born between 1965-1977<br />
Millennials (Gen Y) born on/about 1978 or later</p>
<p>It was the discussion about these topics that really got us into a  lively and engaged session with lots of questions and frank dialogue:</p>
<p>The four generations of the workforce should really be defined  attitudinally (i.e., what they are involved in at work and how they have  embraced social networking, rather than by their chronological age).   I, for example, am a Baby Boomer, but think, act and engage like a  Millennial.</p>
<p>Despite the huge popularity and widespread adoption of  social networking websites like <a href="http://web.archive.org/web/20080709034018/http://www.linkedin.com/home">LinkedIn</a> and <a href="http://web.archive.org/web/20080709034018/http://www.facebook.com/">Facebook</a>,  the concept of social networking has had a difficult time finding  traction in the business world where IT managers fret about security  issues, and rightly so.  Instead, the “early adopters” of social  networking for learning and human resources are creating “Facebook-like”  applications behind their firewalls. They are also thinking about what  they expect from social networking and how it will benefit the  organization.  In addition, they are asking themselves “What do we want  ‘increased connectivity’ to bring to our business? What does success  look like for the recruiting, sales and learning departments?”</p>
<p>A new category is emerging in the social networking landscape called  “socialprise,” a mash-up of social networking and enterprise computing  applications.  Look for more examples here from companies like <a href="http://web.archive.org/web/20080709034018/http://www.selectminds.com/">Select Minds</a> and <a href="http://web.archive.org/web/20080709034018/http://www.insideview.com/">InsideView</a>.</p>
<p>Finally, and perhaps most compelling, the audience for the session at  CLO was overwhelmingly comprised of Baby Boomers.  One Chief Learning  Officer from a Fortune 100 firm came up with the most honest assessment  of why FORTUNE 500 firms will continue to be slow to adopt to social  networking:</p>
<blockquote><p>“I know I continue to feel guilty when I am on sites  like LinkedIn and Facebook.  I feel that I am not working, not producing  those power point presentations or answering those emails that I have  stacked up on my in-box.”</p></blockquote>
<p>But then another member of the audience shot back:</p>
<blockquote><p>“That would never be an issue for Millennials.  They  have social networking in their DNA and know connecting to colleagues  and using the latest technology to stay on top of industry trends is  part of working in the 21st Century.”</p></blockquote>
<p>But let’s remember as we explore how to incorporate social  networking into the enterprise that it’s not about the technology. This  is still relatively new to Fortune 500 firms &#8211; the larger issue is to  have a clear vision for what you want to accomplish and build both  online and offline solutions that allow increased connectivity for your  employees, customers and business partners.</p>
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