Social Media

Another interesting session at the Leadership conference was a panel on social networking and how social media (facebook, twitter, blogs, remote working tools, etc) are really changing the face of corporate leadership and communications.

Suddenly managers have to learn how to communicate in 140 character tweets, marketing teams are moving to facebook pages in droves, remote work is becoming more of the norm so managers have to learn that communications aren't always face to face.

Anyway, it was a really interesting panel and mentioned a few facts that I thought were interesting:

• Facebook has over 200 million users. If Facebook was a country, it would be the 5th largest in the world! Only China, India, the U.S., and Indonesia would out-populate it. (as an aside, an interesting post and video re: Facebook ON Facebook at http://blog.facebook.com/blog.php?post=72353897130)


• There are more than 1.2 billion videos being streamed on YouTube every DAY


• Social media spending is expected to grow by 300% in the next 5 years

Wow. Never would have imagined all that 10 years ago - wondering what things will look like 10 years from now!