Wednesday, March 7, 2012

Mentor-Partner Associate

Mentor-Partner Associate

Overview

Seeking high-level executives  from academia or any human resource, business and technology  consulting discipline worldwide;  with a strong vision to participate, as part of an elite team of Mentor-Partner Associates, in the ON DEMAND partnering with and mentoring  of corporate executives, public policy executives, researchers and faculty members enrolled in  our  Virtual Organization Sabbatical Program at our business unit, VOMI Virtual Organization Academy.   You will work in a 100% virtual organization environment  from wherever in the world you are located.

Responsibilities

As  a Mentor-Partner Associate, you will evangelize, develop your own business development strategy, recruit and directly [coordinate] the  activities of your own team of Industry Executives, Public Policy Executives, Researchers, Investors, and Faculty Members enrolled into the VOMI Virtual Organization Academy Sabbatical Program.  Will assist in all mentor-partner  activities for  your  team and work directly under the tutelage  of the Founder & Mentor-Partner of VOMI Virtual Organization Academy .    Develop global high-level contacts and form alliances with key decision-makers and other stakeholders at leading corporations,  governmental institutions, public policy entities, and educational institutions worldwide.

You will have an opportunity to present at, as well as be involved in the  development of, and participation in, various Virtual Organization Management webinars, seminars, workshops, symposiums and conferences to be held worldwide  - if you have the time or  inclination.   

Qualification Requirements

Must have a high-level consulting, management, and business development background and  currently own or lead an  existing influential social media, marketing, or management consulting practice;  or be a Social Media Guru and/or the owner of a large,  high-level social network or social network group;  or be a faculty member at a leading educational institution with organizational development or related teaching experience  as well as  extensive business development and consulting background;   or be a venture capital executive  with a  leading investor group;   or a semi- or fully retired VISIONARY executive from either the academic, business, government, defense, non-profit, military, legislative, judiciary, or public policy sector - who wants to get back into the game in an exciting way.   Please do NOT apply if you do not meet the foregoing requirements.  As well, we require the following:
  • Above all else, an Oustanding WORK ETHIC!
  • Prior compensation in excess of $400-500K  is preferred.
  • A passion for all things Social Media and Virtual Organizations
  • Willingness to learn how to operate in a 100% virtual organization
  • Ability to adapt and thrive in a 100% virtual organization
  • An extensive and impressive Circle of Influence in business, academia, and government
  • Sufficient time to coordinate the activities of your team
  • Willingness to work as a Team Player and within the constraints of tight deadlines 
  • Excellent written and oral communication, research, and writing skills
  • Proficiency with all Microsoft Office applications and leading web-collaboration tools
  • Fluency in English required, additional language proficiencies (French, Chinese, etc.) are a big plus
  • Must be able to present in both small and large group settings in a virtual environment as well as in the Boardroom.
  • An MBA/Ph.D. is ideal, however, it is not required.
  • STRONG references
Benefits

On your 6-month anniversary date and based on your prior performance as Mentor-Partner Associate, you will become  eligible  for consideration as a Mentor-Partner or for appointment to a VOMI executive leadership team position, if desired, including  membership on the VOMI Board of Directors or the VOMI Global Think Tank & Advisory Board.

Opportunity Highlights:   This opportunity is available on an annual Mentor-Partner Associate license agreement basis, subject to renewal by mutual agreement, and does not require you to travel, relocate or make a career move.    You will be paired directly with the founder of the modern virtual organization management discipline  and will coordinate all experiential sabbatical program activities directly with your own team from day one.     You will have a unique and invaluable opportunity to interact directly with a very elite group of virtual organization thought leaders as well as have a front row seat at the forefront of the latest virtual organization management developments at VOMI.    

To Apply

For immediate consideration, please submit your executive profile along with a cover letter  and 3 references with links to their respective social media profiles and email addresses  to Pierre Coupet  at  chairman  @  virtualorganizationinstitute.com 

ABOUT VOMI Virtual Organization Academy:    VOMI Virtual Organization Academy is a unit of Virtual Organization Management Institute.  Details regarding the academy can be viewed  here.

ABOUT VOMI:  Virtual Organization Management Institute is the world's leading and only global 100% virtual educational institute, think tank, professional association, certification and accreditation provider, and conference producer strictly focused on the modern virtual organization management discipline founded and pioneered by the founder of VOMI since 1997. :: http://www.virtualorganizationinstitute.com  | VOMI Global Think Tank and Advisory Board | Annual VOMI Global CEO Summit ::

Tuesday, August 9, 2011

VOMI Global Think Tank & Advisory Board Open House and Membership Announcement

Dear Colleagues,

I am very pleased to announce that all members of social networks and groups that I personally administer or moderate are automatically eligible for membership as an Auxiliary Member in VOMI Global Think Tank and Advisory Board.

To obtain some information regarding VOMI Global Think Tank and Advisory Board, go to:

http://shortlinks.virtualorganizationinstitute.com/zurhf

We have also scheduled a very convenient and informal VOMI Global Think Tank and Advisory Board Open House to be held every Saturday during a 24-hour period from 12:01 am - 11:59 pm PST USA.

To obtain an overview of-and register for-an upcoming VOMI Global Think Tank and Advisory Board Open House, go to:

http://globalthinktankopenhouse.eventbrite.com

I look forward to seeing you soon at an upcoming Open House and to your participation on the Board.

Kind regards,

Pierre Coupet
Chairman
VOMI Global Think Tank and Advisory Board
Virtual Organization Management Institute (VOMI)
http://www.virtualorganizationinstitute.com
chairman@virtualorganizationinstitute.com
Tel. 818-570-2257 | skype: VOMThinkTank

About VOMI:  Virtual Organization Management Institute is the world's leading and only global 100% virtual educational institute, think tank, professional association, certification and accreditation provider, and conference producer strictly focused on the modern virtual organization management discipline pioneered by its founder since 1997. -- http://www.virtualorganizationinstitute.com :: http://vomi.eventbrite.com

Wednesday, November 10, 2010

Virtual Organization Management Institute (VOMI) is now a Federal Contractor

VOMI is now registered with Central Contractor Registration (CCR), the primary registrant database for the U.S. Federal Government which collects, validates, stores and disseminates data in support of agency acquisition missions.

The Commercial And Government Entity (CAGE) Code assigned to VOMI by the Defense Logistics Information Service (DLIS) is 5WXU7.

For additional information regarding CCR, go to http://www.bpn.gov/ccr

To contact VOMI regarding a federal government acquisition inquiry, send email to support@virtualorganizationinstitute.com or call via skype id Virtual.Organization.Management ::

Saturday, March 28, 2009

Content Monetization Strategy for Social Networks

Content Monetization Strategy for Social Networks

by Pierre Coupet




Overview of Our Content Monetization Strategy for Social Networks

Our content monetization strategy is geared toward both Social Networks AND Social Network Members. But before we start talking about the strategy, it's extremely important that we're all very clear on the definition of the terms: "Social Networks" and "Social Network Members."

Definition of Social Networks and Social Network Members

A social network includes not only a primary commercial social network, e.g. XING, MySpace, Facebook, LinkedIn, etc., but also social network platform providers that enable individuals, groups and businesses to form their own "private social networks" on-the-fly--organizations such as NING, Wikidot, Wetpaint, etc.--and also each individual group and subgroup within the primary commercial social network or social network platform provider. Why do we categorize a group as a social network? Well, the membership of some of these groups can number in the thousands to hundreds of thousand members.

With respect to the definition of a social network member, a social network member is an individual who is either a member of a primary commercial social network or one of the individual groups and subgroups within the primary social network; or a member of any private social network, group and subgroup within a social network platform provider. However, that being said, technically speaking, a case could be made that anyone who is a member of a primary commercial social network or social network platform provider can be classified as a social network member. Which is the reason why I've gone through the painstaking process of making the distinction between the two.

Current Monetization Strategy for Social Networks

So what is the current state of affairs for social networks with respect to a monetization strategy? The following scenario pretty much sums it all up:

  1. Borrow or Acquire Funding from Investors


  2. Spend 100's of thousand or millions of dollars to build a platform and develop a strong membership base - better known as "generating a lot of eyeballs"


  3. Social Network Members, for the most part, generate the content for the social network


  4. The social network is then used as an advertising platform in order to generate revenues


  5. Revenues Do Not At Least Equal Expenses and, therefore, they either go back to Investors for more money or look for an exit strategy


  6. The exit strategy is either going public OR go through an acquisition


  7. In most cases, even after going public or having gone through an acquisition, Revenues Still Do Not At Least Equal Expenses and they're back to step 1, which is Borrow, Acquire More Funding from New or Existing Investors, or Recapitalize


It's obvious that something is definitely missing from this process, but what exactly is it?

Innovation Is Only One Side of the Coin

The primary reason that social networks are facing this dilemma is that they keep trying to purchase goodwill from their members with a One-Sided Coin. What would any of you do if someone tried to purchase something from you with a one-sided coin or one-sided dollar bill? If you wanted to be kind to that person, you would politely reject the coin or dollar bill and just walk away; or take the one-sided coin or dollar bill and not give back anything of value; and if you didn't suffer fools gladly, you'd probably be furious and/or call the police.

In a sense, this is exactly what is happening today with most social networks. Innovation in and of itself is not enough; it is only ONE SIDE OF THE COIN.


Why is that? It's because your competition is fierce and Mister or Miss Innovation is coming at you Fast and Furious without taking a breather. The minute you come out with the latest fancy tool, gadget and widget---right when you are beginning to get some traction---10 other competitors pop up out of nowhere and start to bite and nip at your heels, trying to develop a better tool, gadget and widget in order to grab some of your market share.

The latest tools--although we all love them dearly and want more and more of them--should only be seen as the means to an end, whatever that end is, instead of being the end in and of itself for your social network members.

The Other Side of the Coin: Ultra Premium Content

So what is the other side of that coin? Hold on to your horses! I am getting there. I am sure you have all heard of the old expression, "Content is King". Well, when it comes to social networks, we need to make a slight modification to that expression and, that is, "Ultra Premium Content is King."

Why is that? That's because "Content" or "Premium Content" is widely available for FREE over the internet and no one in their right mind want to pay for it, however, "Ultra Premium Content" is rare and not widely available. There are plenty of reasons why that is so, however, they do fall outside the scope of this discussion.

In any case, let us proceed with this relevant question: With respect to social networks, what exactly is that Ultra Premium Content?

Ultra Premium Content is the information and knowledge that your social network members truly and desperately need in order to leverage the tremendous power and potential of this amazing collection of tools and contacts that are available at their disposal--the social network--to their individual or collective benefit. Which explains the reason why I've been approached by thousands of social networking groups, requesting that I contribute my expertise in order to leverage the tremendous power and potential of their social network.

Sorry for the long wait--I hope it was worth waiting for. As you can now see, we can all answer the question about the other side of the coin: The OTHER SIDE OF THE COIN is that Ultra Premium Content your social network members need in order to leverage the tremendous power of the social network to their individual or collective benefit. That's what we call Real Empowerment.

Source of Ultra Premium Content: Virtual Organization Management (VOM)

So where do you get that Ultra Premium Content from? I thought you'd never ask! It's from the modern Virtual Organization Management (VOM) discipline. However, before we proceed, let us quickly tell you what Virtual Organization Management (VOM) is all about.

What is Virtual Organization Management (VOM)? The modern VOM discipline specializes in the development of best-next practices, policies and procedures for operating in a virtual environment and for managing a virtual organization and social network.

Please keep in mind that Virtual Organization Management (VOM) is technology-agnostic and platform independent, therefore, its application is not restricted to any specific tool, gizmo, gadget or widget or, for that matter of fact, any specific social network. In a real sense, this is exactly what happens once your social network members learn how to virtual organize and manage their social network. They are no longer bound by, and nor do they care about, any specific operating system, tool, technology, or social network. They only care about freedom, flexibility, and substance in the form of Ultra Premium Content that leads to Real Empowerment.

Here is a perfect analogy: Generally speaking, once you've learned 1) how to drive, 2) the rules of the road, and 3) how to read maps and use a navigation system, you can travel to any location and distance without regard to the make and model of your car. Any car will do. The make and model of your car then becomes a matter of personal preference subject to your economic status and overall taste. I hope that made sense to you.

Composition of Ultra Premium Content AKA Other Side of the Coin

So let us now resume our discussion regarding this Ultra Premium Content derived from VOM. This Ultra Premium VOM Content comes in the form of a series of Ultra Premium White Papers on how to virtual organize and manage social networks.

But there is more! Each Ultra Premium White Paper comes bundled with the Video Presentation version.

But we're not done yet, each Ultra Premium White Paper also comes with a registration to a 3-Hour Live Interactive Audio-Web Presentation on that exact topic--which includes a Q&A session with the author who currently also happens to be yours truly, the founder of the modern virtual organization management discipline.

And for the ultimate in convenience, these live interactive sessions with the author are conducted twice a week on an almost indefinite basis. That way, each Ultra Premium VOM Content purchaser can select the most convenient time to attend the live interactive session.

And, last but not least, this entire package is sold at a price that everyone can afford---from the small fry to the big fish.

In essence, what we've done here is pile up value on top of value so that [everyone]--instead of just a few--can afford to reap the benefits of the social networks, especially during periods of severe economic crises.

Now, please indulge me a bit as I digress a little, however, there is a great deal of similarity between what VOMI is now doing and what Bill Gates-Microsoft did in the 80's. Bill Gates-Microsoft's mission and vision was extremely simple: Make the PC affordable to the masses so that there would be a PC in every home and business. The first question was: How do you do that? And his answer--although brilliant, revolutionary and a stroke of genius--was equally simple: License the operating system. What is the end result of that simple mission, vision and strategy? Well, since my 7-year old granddaughter has her own laptop computer and is constantly on the internet, I am sure you all know the answer.

However, let's stop and think for one second. What was the logic behind Bill Gates' idea of making the PC affordable to ALL? Again the logic was very simple: the value of owning a PC--in terms of both its current and future potential for all of mankind--was and still is something that transcends all demographics. As you can see, brilliant ideas don't have to be complicated. In fact, what makes them brilliant is their simplicity.

Well, in essence, we -- meaning YOU, once you partner with VOMI, and I -- are doing the exact same thing: We are making VOM knowledge affordable to the masses so that VOM can be practiced by everyone in every home and business anywhere in the world. And our logic is the same: The value of virtual organization management--from learning how to virtual organize and manage your social network all the way to learning how to virtual organize and manage a team, group, department, division, region or entire company---in terms of both its current and future potential for all of mankind is indeed something that transcends all demographics.

Each day that passes by, our world gets virtualized more and more and, eventually--there is no doubt or question about it--everyone will need to know how to virtual organize and manage in a virtual environment. Make no mistake about it, within the next 15-20 years, my "future" 7-year old great-grandson or great-granddaughter will be able to virtual organize and manage (VOM) in a virtual environment. God willing, it would be exciting for all of us to be around then.

Benefits of 2-SIDED COIN to Social Networks and Social Network Members

So what are the benefits of the 2-SIDED COIN to both the Social Network and the Social Network Member?

First, let's talk about the people that really matter since you can't have a social network without people: your social network members.

To a Social Network Member. A 2-SIDED COIN represents "real currency" that a social network member can gladly accept in exchange for the goodwill and economic benefit the social network seeks in return. The social network now really has something "exclusive" and "highly beneficial" to offer that differentiates it from all the other social networks out there using the typical One-Sided Coin.

As stated earlier, the social network member is now Really Empowered to leverage the tremendous power of the social network to his/her individual or collective benefit. The 2-SIDED COIN now becomes the means to an end for them instead of the standard 1-SIDED COIN message that says "here are my latest and most exciting tools, now go ahead and use them and tell all your friends about it."

The social network member now finds purpose and stability, can now focus on one or more key objective(s), no longer has the urge--and nor can he/she afford the time--to hop around all over the place joining 1000's of social networks [just a figure of speech, folks] and making a bunch of so-called friends and contacts that they will never even have a conversation with, let alone the time to get to know each other long enough to engage in something that could be remotely called constructive or mutually beneficial.

Now let's talk about the social network.

To a Social Network. Once you empower your social network members with a 2-SIDED COIN, guess what happens next: they will give you what you paid for. In other words, they become a loyal, active, captive, and satisfied audience and, most importantly, revenue-producing members. After all, isn't that what almost every social network wants?

The icing on the cake for your social network is that the cost of developing and providing this Ultra Premium VOM Content to your social network members is ZERO. Your Ultra Premium VOM Content Provider does it all.

The second layer of icing on the cake for your social network is that your partnership with VOMI, the Ultra Premium VOM Content provider, does NOT, and will not, cause any kind of interference in your current business activities; and nor will it cause any sort of disruption to your existing revenue-generating activities. This means you can continue to use your social network as an advertising platform for BOTH your social network and your clients without any sort of conflict of interest. This will drive your competition nuts. But the best is yet to come.

The third layer of icing on the cake for your social network is that since the SECOND SIDE OF YOUR COIN---this Ultra Premium VOM Content--is "technology-agnostic", that means you don't have to worry about your social network members getting bored and jumping ship each time your competition comes out with the latest and fanciest tool, gadget, or widget. Even when your social network members go to your competitors once they release a better mouse trap, they will always come back to you in order to learn how to make effective use of this new mouse trap for their "individual or collective benefit."

Once your members gain an understanding of VOM, it will NOT be necessary to hop around like a bunny rabbit on 10,000 other social networks. In fact, it would be totally counterproductive for them to do so since that would create a virtual organization management (VOM) nightmare for them. With VOM, the trend is toward consolidation of activities at a central location instead of "hopping around all over the place" and getting to be everybody's friend. After all, you can only have so many friends.

The fourth and final layer of icing on the cake for your social network is that the SECOND SIDE OF THE COIN comes with the highest possible level of credibility in the industry. VOMI is the world's leading and ONLY global educational institute, think tank, professional association, certification and accreditation provider, and conference producer solely focused on virtual organization management. The founder of VOMI is the founder and pioneer of the modern virtual organization management discipline.

Currently, every single Ultra Premium White Paper is authored by the founder of the virtual organization management discipline to insure authenticity and value. In the foreseeable future, once VOMI has trained a sufficient number of VOMI academics, each single Ultra Premium White Paper will either be co-authored or reviewed and approved by the founder of the discipline in order to insure continuity and consistency in authenticity and value.

According to Google, VOMI and its founder's profile were viewed by over 100 million internet visitors in 2008. Therefore, your association with the most prestigious and only virtual organization management institute in the world--headed by the founder of the discipline--means that you don't have to worry about the long-term viability of our standing in the industry and the value of your offerings. The quality and value of your offerings will always remain in the foreseeable future the very best that the industry has to offer.

How Do We Deliver This "Ultra Premium VOM Content?"

These Ultra Premium White Papers bundled with the Video Presentation version and the 3-Hour Live Interactive Audio-Web Presentation with Q&A session with the author, collectively referred to as this "Ultra Premium VOM Content", are strategically released and delivered to your social network members in such a relevant and timely fashion so that each new Ultra Premium Content release not only builds upon, but also adds tremendous value to, the previous one.

Here is how it works: .......................>>>>>

To purchase this entire white paper as well as participate in a 3-Hour Live Interactive Audio-Web Presentation with Q&A session with Prof. Pierre Coupet, the author of this document, as well as to receive the Video Presentation version, please sign up at the following location:


http://www.virtualorganizationinstitute.com/virtual-organization-events-seminars-content-monetization-strategy-for-social-networks.html


ABOUT AUTHOR: Prof. Pierre Coupet is the Founder, Chairman, CEO & Doctor of Virtual Organization Management at Virtual Organization Management Institute; the founder of the modern virtual organization management discipline pioneered since 1997; and also the author of "How To Virtual Organize Your Social Network" -- To contact the author, call via skype id: virtual.organization.management or send email directly to chairman@virtualorganizationinstitute.com

Copyright 2009. Pierre Coupet, Virtual Organization Management Institute. Cannot be reproduced in whole or in part without permission. All rights are reserved.

Tuesday, March 17, 2009

Digital Ideas for a Modern Agricultural and Fishing Village Project: Jewel of Africa

Digital Ideas for a Modern Agricultural and Fishing Village Project: Jewel of Africa

We are in the process of embarking on an exciting project in a tropical underdeveloped country that involves the building of an ultra elegant and highly sophisticated French-English website a la WEB 2.0 for a Modern Agricultural and Fishing Village that can handle a population of 20,000.

This modern village will be a Major Showcase and global attraction for foreign direct investors and tourists from all countries in the region and throughout the world. It will be the Jewel of Africa.

It will have a highly advanced internet infrastructure designed to accommodate businesses and tourists from all over the world. As well, this village will have a Virtual Organization Management Institute Training Center designed to accommodate 200 students who will become future Master Virtual Organization Management Trainers and Chief Virtual Organization Architects. It will become THE virtual organization management knowlege hub for all countries in the region. These new graduates will provide training in the most advanced virtual organization discipline of the future to students, business leaders, government leaders and policy makers, and social responsibility professionals throughout the whole of Africa.

Your Mission Impossible Assignment

With Respect to the French-English Website

  1. From a Web 2.0 Standpoint, what would you want to see on that website from both a digital and functional standpoint that would clearly convey the major objectives outlined above for this modern village?

  2. From a User Interface Design Standpoint, what out-of-the-box design innovation can you think of that would send visitors to Web Visitor Heaven?

  3. From a Social Media Standpoint, what awesome tool or most advanced and scalable platform would you implement on this website in order to make it the envy of all the world's websites?

  4. From an Artistic-Graphic Design Standpoint, what kind of art, theme and graphic design [[ think Africa but forget about stereotypes ]] would you incorporate on this website that would make it not only truly spectacular but also a most beautiful sight for sore eyes to see?

  5. From a Viral Marketing Standpoint, what out-of-the-box digital viral marketing strategy would you employ to constantly get the word out Worldwide about the development of this project?



With Respect to the Modern Agricultural and Fishing Village Digital Infrastructure

It's now time for you to strut your stuff and show off your talents and expertise. So let's get started.

  1. Power outages are common in this part-and most parts-of the world. Therefore, what do you recommend in terms of the latest advances in digital utilities and power infrastructure technologies that can eliminate this problem altogether?

    For example, Hyperion has developed a mini plug-and-play nuclear reactor that can handle the electricity needs of a population of 20,000 without recharging for at least 5 years.

    What else is there out there that can handle such electricity needs in an (almost) plug-and-play fashion? Do you know of a genius--or are you such person--who is working on a similar effort?

  2. What are the latest, most advanced, and cost-effective "leapfrog technologies" that are available or would you recommend for that "highly advanced" internet infrastructure for this modern village?

  3. From a health and sanitation services standpoint, what are the latest advances in digital technology, innovations or suggestions you have that would make this village the envy of every country in the world?

  4. From a Green Environment standpoint, let your imagination flow and tell us what resources or "leapfrog technologies" should be implemented so that this modern village will be the envy of the world.

  5. In short, ANY IDEAS will do on how we can all move this project along.



We look forward to your contribution to this most exciting Digital Ideas project. Let your imagination flow and the rest will naturally follow.

Contact Information:

Prof. Pierre Coupet
Chairman, CEO & Doctor of Virtual Organization Management
Virtual Organization Management Institute
chairman@virtualorganizationinstitute.com

Friday, January 9, 2009

Global Economic Meltdown: Time for Startups to Explore New Monetization Strategy

Global Economic Meltdown: Time for Startups to Explore New Monetization Strategy
by Pierre Coupet



In the midst of this global economic meltdown, the two most popular questions that are being asked respectively by both startups and investors are: "Where have all the investors gone?" and "Where have all the dollars gone?" If you are a startup in need of cash, the first question particularly applies to you; and if you are an investor nervous about your portfolio of investments, the latter is a matter of serious concern. Well, unless you've been living in a bubble for the past few months, the answer is quite obvious. Scarcity of cash and the resulting need for both cash conservation and a new monetization strategy have now become the central point of focus for both startups and investors as they begin to reevaluate their going-forward strategy. What this means, in turn, for a lot of startups is that Darwin's theory of evolution--survival of the fittest--will ultimately determine which startups will fail and which ones will be able to adapt and thrive in this new and perilous environment.

Virtual Organization Management and Web 2.0 to the Rescue

Fortunately, for a small number of startups who are bold, daring and forward-looking enough, the right combination of Web 2.0 and Virtual Organization Management can help usher in a new monetization strategy era for them so they won't have to needlessly suffer the fate of dinosaurs. Virtual Organization Management (VOM)--a modern discipline which establishes best-next practices, policies and procedures for operating in a virtual environment and for managing a virtual organization and social network--can help reduce your start-up costs by as much as 95% as well as exponentially increase your revenues; and is THE KEY that unlocks most--if not all--previous constraints and limits you faced with respect to the development of a monetization strategy in either a brick and mortar or virtual environment. Your imagination becomes the only limit you will ever face. Whereas, Web 2.0 provides you with all the tools you will ever need in order to implement your new monetization strategy. The statement that best captures the essence of VOM and Web 2.0 is the following: "VOM gives you the freedom to chart your own destiny and Web 2.0 gives you the tools to implement." For purposes of this discussion, more about VOM can be viewed on the Virtual Organization Management Institute blog at http://www.virtualorganization.net

Burn the Midnight Oil for Revenues First, Investors Last

Once you have put in place the right combination of VOM and Web 2.0, the REAL solution is for entrepreneurs to really start thinking-out-of-the-box when it comes to a monetization strategy instead of the standard "got an idea, go to an investor, burn some cash, go back for more cash, burn more cash, get plenty of eyeballs, and hope that, eventually, over God knows how much time, revenue can be generated from product sales or advertising." How about Burning the Midnight Oil trying to figure out the "killer value" of your offering and who your first "paying customers" are going to be? For those of you in the western world who are too young to be familiar with the [old] expression, "burn the midnight oil", it's primarily used to indicate commitment, hard work, and dedication to one's task by working during the wee hours of the night under an oil lamp when there is no electricity.

Some Practical Pre-launch Ideas: ASK, ASK, ASK, ASK, ASK

1. ASK some of your "future paying customers", before you even launch your business, if your product or service is something they have an urgent need for because it would solve an existing problem or issue for them NOW (assuming your product or service really worked the way you say it would.)

2. ASK them to GIVE YOU--instead of you giving them--specific examples of how your product or service would make life much better for them and how it would positively affect their bottom line...good reverse psychology....after all, if they really understood the value of what you are offering, then who would be in a better position to have this sort of information?...certainly NOT YOU, an outsider who doesn't know a darned thing about the inner workings of their company and the day-to-day issues they have to deal with.

3. ASK them if it is something they would pay for, and at which price point--besides FREE--your product or service would be attractive enough to get them to at least try it upon release.

4. ASK them what kind of guarantee do they expect and then you can figure out what kind of guarantee you are willing to provide to these paying customers who are willing to try your products just in case they are not satisfied.

5. ASK them if they are they willing to make an "informal-no guarantees" purchase commitment to you before you roll out the product...that's your way of distinguishing from those who are just blowing smoke up yours and those who are genuine.

6. Once you have obtained all this information gathered from step 1-5, you will now get a chance to find out: (i) YOUR REAL VALUE PROPOSITION, (ii) how much money you will REALLY need to get your business off the ground, (iii) whether you can build it slowly and profitably in an organic fashion or whether you really need an investor to help you get it off the ground OR whether you should even go ahead with the idea.

Long Hard Road but a Golden Opportunity for Success

I know it's tedious, may take a long time, can be very discouraging because you're bound to get a lot of negative feedback from people who may not clearly understand what the hell it is you are offering as well as from those who could care less about what you have to offer. Keep in mind that when people have difficulty understanding what it is that you are offering, the problem lies with you, the messenger--and not with them. That means you will need to go back to the drawing board in order to refine your message. The simpler the message, the better. The more complicated it gets, the greater the level of difficulty at getting your message through.

A lot of well-meaning, as well as mean-spirited, people may try to pierce some holes into your armor in order to point out some weaknesses in your arguments or value proposition. Some people will just outright ignore you because they are just not interested in helping you do your homework either because they don't have the time or they figure you can contact them once you've got everything figured out, have a product or service in place in roll out condition, and then they might give you the time of day. But when you really take the time to look at the bright side of things, just to have known or come across all these individuals is a GOLDEN OPPORTUNITY--a gift and blessing in disguise--that will help make you a much better business person-entrepreneur and which will help guarantee your success. Whether they are The Good, The Bad, and The Ugly, in some strange fashion, you will owe your success to ALL of them.

Conclusion

The point being, target paying customers FIRST before you even launch. This is standard research which can be accomplished over the web at absolutely very little to no cost to you the entrepreneur, outside of your own sweat and tears. And with the right combination of VOM and Web 2.0, The Sky is the Limit!

ABOUT AUTHOR: Pierre Coupet is the Founder, Chairman, CEO & Doctor of Virtual Organization Management at Virtual Organization Management Institute; the founder of the modern virtual organization management discipline pioneered since 1997; and also the author of "How To Virtual Organize Your Social Network" -- To contact the author, call via skype id: virtual.organization.management or send email directly to chairman@virtualorganizationinstitute.com

Copyright 2009. Pierre Coupet, Virtual Organization Management Institute. Cannot be reproduced in whole or in part without permission. All rights are reserved.

A Brief Interlude for the Virtual Soul

Dear Colleagues,

I want to take a brief interlude so I can share with you something that I received from my poet and artist friend, Alasdair, which has absolutely nothing to do Virtual Organization Management. It's food for the Virtual Soul ..... helps us to put things back into perspective .... reminds us that we are all not only virtually connected but also an expression of "The Wholeness." I hope you enjoy it as much as I have... you can even listen to it while reading my ....long....articles. It helps time fly.

Take good care.

At One With,

Pierre Coupet



ABOUT AUTHOR: Pierre Coupet is the Founder, Chairman, CEO & Doctor of Virtual Organization Management at Virtual Organization Management Institute; the founder of the modern virtual organization management discipline pioneered since 1997; and also the author of "How To Virtual Organize Your Social Network" -- To contact the author, call via skype id: virtual.organization.management or send email directly to chairman@virtualorganizationinstitute.com

Tuesday, December 16, 2008

Viewing OpenSocial Applications Through a Virtual Organization Lens

Viewing OpenSocial Applications Through a Virtual Organization Lens
by Pierre Coupet




Time to Look Ahead

These are exciting times for social networks as the OpenSocial developer community continues to bloom and flourish. However, that being said, it's important to note that social networks are currently in the process of evolving to virtual organizations and, therefore, the focus of our veteran OpenSocial developers should be on the relevance of each application with respect to its usefulness, strategic importance, and vital contribution function in a virtual organization. I recently wrote an article titled "Evolution of Social Networks into Virtual Organizations" at http://virtualorganizationinstitute.com/evolution-of-social-networks-into-virtual-organizations.pdf which sheds a bit more light on that subject.

Does that mean we should stop developing those little cute and fancy widgets and gadgets that operate across other social networks? Not at all, what I am instead suggesting is that we include an additional layer of criterias in our thinking process as we begin to formulate the application development methodology. I know that some of you may say, "Why develop something that a vast majority of users will have no use for?" Well, a brief look at the history of the internet will tell you why and there are so many examples to choose from.

The Not So Distant Past

Let's select the evolution of the website as a good example:

Back in December 1993, when I started to build my first website which consisted of 2 words, "Hello World!", I thought to myself how every single company would one day embrace the internet and that just about everyone would one day have a website and be able to do business online and prosperity would spread around the globe. Obviously I was 90% correct in my assumptions, however, what I grossly miscalculated was the adoption rate and the demographics of the early adopters. Initially, I thought big business would be the early adopters since they have so much more capital AND human resources than us little peons; have all these Ivy League MBAs and Ph.D.s at their disposal and, therefore, so much smarter and knowledgeable than us regular folks. Instead, it turned out to be my kids and their friends, as well as millions of other kids throughout America and other parts of the world, followed by a slew of independent consultants, and small businesses -- all in that order -- who became the early adopters. It wasn't until 1997-1998 that mid-size and big businesses started to get on the web at a serious pace. Obviously, we all know what happened next and there is no need for anyone today to preach about the usefulness of a website to small-to-large businesses as well as to individuals and other organizations of all stripes and persuasions.

The Present

To fast forward to the present, my point is that you're seeing the same patterns all over again. Currently, social networks are all the rage and its initial adoption was fueled, in part, largely by kids all over the world. To digress a bit, we should all thank God for kids because they are so much smarter than we give them credit for and even though we eventually wind up following their lead. In any case, businesses--small to big--have begun to look differently at these social networks from a sales and marketing standpoint even though they are not all there yet. With respect to most businesses today, it's primarily an individual lone ranger effort by individuals within small-to-large organizations who take it upon themselves to employ this medium for business purposes. We really have to excuse these slow pokes. However, that being said, it's a good step in the right direction.

The Future

But the really good news is that this step is only the beginning of a process which will eventually lead to a full integration of social networks within their organization in a virtual environment. Therefore, these social networks will have no choice but to eventually evolve into virtual organizations since that is the only way you can maintain accountability.

VOMI Seal of Approval

In that regard, VOMI (Virtual Organization Management Institute) has instituted a VOMI Seal of Approval program for developers who would like to know whether or not their application meets the VO benchmarks we've set for not only OpenSocial applications but all other applications designed for use in a virtual environment. We will soon release additional information regarding the VOMI Seal of Approval program in order to provide you with some guidance and welcome your inquiries.

Conclusion

In conclusion, while you are having fun developing the latest gadgets and widgets, just keep in mind there are a lot of old guys and gals out there who are seriously looking at what you're doing and, as sure as I am that the sun will rise in the east and will set on the west, they will eventually wind up following your lead. Keep up the good work.

ABOUT AUTHOR: Pierre Coupet is the Founder, Chairman, CEO & Doctor of Virtual Organization Management at Virtual Organization Management Institute; the founder of the modern virtual organization management discipline pioneered since 1997; and also the author of the widely acclaimed white paper, "How To Virtual Organize Your Social Network" at http://virtualorganizationinstitute.com/how-to-virtual-organize-your-social-network.pdf -- To contact the author, call via skype id: virtual.organization.management or send email directly to chairman@virtualorganizationinstitute.com

Copyright 2008-2009. Pierre Coupet, Virtual Organization Management Institute. Cannot be reproduced in whole or in part without permission. All rights are reserved.

H1-B Visas in the Midst of a Global Economic Meltdown: Talent Shortage or Cheap Labor?

H1-B Visas in the Midst of a Global Economic Meltdown: Talent Shortage or Cheap Labor?
by Pierre Coupet



With all due respect to Seagate CEO, Bill Watkins, and the rest of my colleagues---not just in Silicon Valley but also irrespective of where they may be located---I respectfully disagree with the notion that we should lift all caps on H1-B visas or any of the other insane proposals and suggestions they have been trumpeting over the years. Americans are suffering and we need to get our heads out of the sand.

Addictive Behavior

US employers are behaving like crackheads or heroin and nicotine addicts who think that the way to cure their illness and craving is to get more of it in some sort of sanitized version, e.g., methadone or a nicotine patch, instead of taking stock that they have a serious problem and the time has come to muster up the courage and willingness to QUIT. I know it will be hard and painful at first but there is no other way to really recover and avoid falling into a precipice.

Plenty of US Talent

I refuse to believe that we don't have enough Americans in the US who are smart or ingenious enough and willing to work; or that Americans just don't give a hoot about technology. As the former head of a national executive search firm for about 18 years, and up until my departure from the industry 15 years ago, we had talent up the ying yang who were just begging to go to work. But guess what? This talent consisted of native-born and naturalized Americans, the latter group I belong to, as well as "permanent resident" immigrants from every corner of the globe living in the US.

Plenty of Cheap Labor Overseas

The problem was, and still is today: they were just too darned expensive in comparison to our lower-paid colleagues from overseas on a H1-B visa who were just too happy to be in the US working for an American company and were willing to do whatever was required of them. Their level of dedication and enthusiasm is unsurpassed, and rightfully so, given the opportunity presented to them. And what do I mean by that? Well, for the most part, in most of these countries, they train them to learn and think like robots. By the way, I am from one of those countries. But once in the US, we train them how to build upon their basic knowledge and provide them with all the tools and support they need in order to "innovate." This is just too good a deal to pass up and I don't blame them one bit for taking us up on our generous offer. Whereas, in the US, we train our kids from day one to innovate but, for the most part, fail to adequately provide them with the requisite basic knowledge and support they need to succeed until they get to college. However, once in college, they have no problem at all excelling in whatever discipline they've chosen. The real question then becomes, "Which discipline are they steering toward that Corporate America needs in sufficiently large numbers?" That part is easy to resolve with a little bit of Yankee ingenuity.

Facts on the Ground Just Don’t Add Up

But we all know that's not what's really at play here because, if this were truly the case, we would have used the H1-B visa program on a temporary basis, and purely as a stopgap measure, during a period of approximately 4-8 years, while engaged in a parallel and concerted effort with academia to remedy the problem. But the H1-B program has a perpetual life and the request figures for new workers only get bigger and bigger year after year, instead of smaller and smaller. Just the way an alcoholic or crackhead or heroin addict wants more and more instead of less and less. Asking for less substance would indicate that some honest effort and equal amount of progress is being made toward some sort of recovery. Whereas, asking for more and more substance while claiming some attempt is being made toward a full recovery is, at best, a joke or just downright insulting to someone's intelligence.

Therefore, it's not really "specialized knowledge" that we're after, it's "cheaper labor." Call a spade a spade and let's dispense with all the smoke and mirrors about this artificial shortage. If we indeed had a "shortage" of talent in the United States, American companies would put in place the biggest "Brain Stimulus Project" known to mankind; pouring in droves into both our private AND public high schools and community colleges -- from coast-to-coast, in both the inner cities and the suburbs -- doling out a ton of money, sponsoring all kinds of technology outreach projects, providing mentors on a daily basis as well as part-time jobs and internships to kids who otherwise might fall through the crack. We already have something similar to that in the schools with respect to sports and entertainment. I don't see us importing Chinese, Japanese, or Indians in huge numbers for sports and entertainment.

Solution to Addiction

Even if we are to go along with their argument that there is a shortage, there is a solution to that. In fact, I propose that we adopt this solution whether or not we have a shortage. Here it is: Just imagine if each American company decided to put in a place a serious Strategic Marketing, Technology & Recruiting Plan that, at its core, would have the company adopt a particular high school or local community college in order to make a really concerted effort to help develop the sort of talent that this company needs. This must be a Joint internal effort between HR, Technology, and Marketing. Who knows, depending on the community and its location, you could wind up with more than one company adopting the same school. The more the better, however, I am sure one is enough to get the ball rolling in the right direction.

I am fully aware that you can't possibly get all the talent you need from one high school or community college, however, that being said, you would, as a member of this group of companies, be able to recruit talent from ALL the other adopted high schools and community colleges. The cost of doing so would be MUCH CHEAPER in both the short and long run. And you wouldn't need to wait to form a consortium prior to getting started. Go it alone for now and the herd mentality would kick into gear. Eventually, you could help organize this group of companies so they could share information on prospective talent out there, wherever in the US they may be. You'd be surprised at how quickly a "shortage" would turn into an "overabundance" of talent.

Just Do It!

I refuse to believe that our Chief Marketing Officers, Chief Technology Officers, and Chief Talent Officers are so brain dead that they lack the imagination and foresight to put in place such program. I believe it's only a matter of them choosing "the path of least resistance." It's much easier for them and much less complicated to just obtain some cheap labor from overseas, end of story. As my son used to tell me all the time I would come up with some "not so brilliant or brilliant ideas" and try to bounce them off of him, he would say to me, looking somewhat irritated, "Papa, Just Do It!" Well, I've got the same refrain for my colleagues, Just Do it! Time is not on our side and we need to catch these kids while they are about to graduate from elementary school or starting high school, not after they've dropped out or graduated from high school with a mediocre education, at best. By that time---although it's never too late because our college students eventually get to catch up by the time they enter into their upper division phase of studies---they will definitely be starting from the back of the line at the very beginning because their counterparts in Europe and Asia are already way ahead of them in terms of both "basic technical" and "mental" preparation for the skills "you may need."

Yes We Can!

Such partnership effort can be almost painless and highly cost-effective---a stroke of genius, to say the least---with the right combination of Web 2.0 and Virtual Organization Management. As to the question of where the money would come from, it's already there, buried in your existing budget for HR, Advertising, Sales, Marketing, PR, R&D and any other department in your organization. Just call all your department heads, tell them their mission is to find ways to do things better within 1 week to 30 days because you need to reallocate some of this cash sitting in their budget, and tell them two other things, "Yes We Can" and "Just Do It!"

Don't chuckle or laugh out loud if you're thinking that I must live on some other planet and that just isn't the way things are done in your organization. Why? Well, if someone had told you a year ago that Obama would be elected president of the US and that the web would be his secret weapon, you surely would have thought that "this person was on crack." Therefore, it's really only a question of them taking the time to figure out how to be more efficient with respect to existing business processes, re-examining priorities, and the proper reallocation of resources. Skip all the high-powered consultants, year-long studies, etc., because your department heads are smart enough and already have most of the answers. They are just too afraid to step forward, rock the boat and ruin their careers--in respective order. After all, who wants their colleagues and bosses to think that they are on crack or are some sort of nut job.


What Next: Drastic Action or Status Quo?

On the other hand, if Corporate America believes that the shortage problem is really not that serious---it doesn't really rise to the level of a national crisis---then it would really have no valid or compelling reason to take such drastic action and it could opt to maintain the status quo and continue to do business as usual. So which is it?

Conclusion

In conclusion, even though I know this message will fall mostly on deaf ears, I still intend to continue to shout it out from the top of my lungs in the hope that some day we might begin to reverse this perilous course that we've been on for the past 20 years.



ABOUT AUTHOR: Pierre Coupet is the Founder, CEO & Doctor of Virtual Organization Management at Virtual Organization Management Institute and author of "How to Virtual Organize Your Social Network." Comments regarding this article or copyright information should be directed to the author at http://www.virtualorganizationinstitute.com --- or call via skype id: virtual.organization.management or send email to chairman@virtualorganizationinstitute.com

©2008-2009. Pierre Coupet, Virtual Organization Management Institute. Cannot be reproduced in whole or in part without written permission. All rights are reserved.

Job Losses at Their Highest Level: Virtual Organize Your Social Network, Now!

Job Losses at Their Highest Level: Virtual Organize Your Social Network Now!
by Pierre Coupet

What Next?

What will happen next to all these people who are being laid-off? Will they ever get back a similar or better paying job? If so, when? If not, do they have transferable skills that could allow them to make a successful transition to another occupation that offers equivalent or better pay and, therefore, allow them to maintain or restore their previous standard of living? Or will these individuals be relegated to a permanent underclass or incognito status?

What about those individuals who have been notified that they will be laid-off in the near future? What about those who no longer feel secure about their jobs? Even the sacred cows aren't so secure anymore; the vegetarian employers are turning into carnivores these days and that sacred cow is beginning to look more and more like some good old, tasty red meat.

Getting Closer to Sunlight

In light of these questions and observation, a maxim I came up with as a result of my previous trials and tribulations came to mind: "the darker it gets, the closer to sunlight you're getting." After all, you don't get to live on this planet for 53 years without having gone through your share of trials and tribulations.

Although I am clearly aware of the fact that no one who is currently going through their own nightmare is thinking about, or can see, that sunlight right now. Their only interest is to survive as best they can; although, for some, they will think it's the end of their world and give up without a hard fight.

Virtual Organize your Social Network Now!

But I can assure you that this sunlight is there waiting for you if you know--or learn--How to Virtual Organize Your Social Network. Thanks to Web 2.0, there is no need to feel completely isolated or drowning in a whirlpool of disaster, however, you will need to shed old ways of thinking and adapt to new ways of doing things "very quickly" because you won't be able to continue doing business as usual.

Here is a link to an article I wrote on that subject titled "Social Networks: Virtual Organize It, Stupid!":

http://virtualorganizationinstitute.com/social-networks-virtual-organize-it-stupid.pdf

Virtual organizing your social network allows you to take control of your life and is a better alternative to just waiting for an economic recovery to take place. Hopefully, you will be part of that group of people who have made possible the economic recovery. Best of luck to all.

ABOUT AUTHOR: Pierre Coupet is the Founder, Chairman, CEO & Doctor of Virtual Organization Management at Virtual Organization Management Institute; the founder of the modern virtual organization management discipline pioneered since 1997; and also the author of the widely acclaimed white paper, "How To Virtual Organize Your Social Network" at http://www.virtualorganizationinstitute.com/how-to-virtual-organize-your-social-network.pdf -- To contact the author, call via skype id: virtual.organization.management or send email directly to chairman@virtualorganizationinstitute.com

Copyright 2008-2009. Pierre Coupet, Virtual Organization Management Institute. Cannot be reproduced in whole or in part without permission. All rights are reserved.

Thursday, November 13, 2008

How to Virtual Organize Your Social Network

How to Virtual Organize Your Social Network
by Pierre Coupet


This is an excerpt of a white paper I just published which is receiving rave reviews worldwide:


.........
Now that you've built a huge network of contacts on your favorite social networks, where do you go from here? What kind of returns, economic or otherwise, are you looking to obtain--or should be able to generate--from your huge investment of time, effort, and resources in developing these contacts and how do you go about it?

The simple answer is, "Virtual Organize It!" However, that being said, very few of us understand the meaning of the words, "virtual organize." So without any further ado, here is our official definition of "virtual organize": to organize using virtual organization management best-next practices, policies and procedures for operating in an environment that has no physical boundaries.

Warning: it is a combination of time-consuming, hard, smart and highly rewarding work. So if you are not ready for the task, then virtual organizing your network may not be such a good idea. On the other hand, if you are ready for the challenge and the rewards that come with it, then let us proceed full steam ahead.

So how do you go about virtual organizing your social network?

STEP I. INTROSPECTION

Although there is no one-size-fits-all approach, you need to start out by asking yourself these most basic and fundamental questions:

Click here to continue reading this excerpt **

** White Paper Code: vomi-nwesblog-111808

Social Networks: Virtual Organize It, Stupid!

Social Networks: Virtual Organize It, Stupid!
by Pierre Coupet


No doubt you've heard of the tongue-in-cheek expressions, "Keep it simple, stupid!" and "It's the economy, stupid!" However, in today's day and age, the appropriate mantra for those who belong to social networks should be, "Virtual organize it, stupid!" Let me tell you why:

Great Investment of Time & Effort

You spend a great deal of time joining social networks, reviewing the background of other interesting individuals, and inviting them to become a contact and part of your personal network. In certain cases, you go through the additional effort of setting up and administering your own group, write comments and articles and, in some cases, prepare and send out a periodic newsletter. In no time at all, you reach a major milestone, having developed a network of hundreds to thousands of contacts. You are very excited and proud of your achievements and, in some cases, send out a major announcement to everyone in your network trumpeting the good news regarding the surge in your group's membership total and how great it is.

The Big Question

And then you ask yourself the big question, "Where do I go from here?" You feel like you've reached a dead end and, if you're like most, you try to engage your contacts; ask them to actively participate and contribute content, etc. And, if you are an exception to the rule, you schedule some local, face-to-face, paid or free networking or business events. At the end of the day, after all has been said and done, all you're left with, at best, from your social networking efforts are mediocre or meager results relative to the astounding amount of available opportunities that the virtual environment-internet-Web 2.0 has to offer--that is, of course, assuming you're one of the extraordinary social networkers out there; and, if you are like most others, all you are left with are downright disappointing results. And, unfortunately, that's where it all ends.

The Bigger Question

Which brings us to the bigger question, "Whatever happened to the promise of the Web and Web 2.0?" Never before in the history of mankind have we been so interconnected. We are no longer limited by time, distance, geography, human and capital resources, and collaboration tools. The sky is the limit! We are only limited by our efforts and imagination; the extent of our willingness to break down the natural walls of resistance to change; and our willingness to explore new thoughts and concepts before they are widely accepted. And yet, the most that we attempt to make out of the tools and resources that have been made available to us is to try to set up local face-to-face meetings.

The Ultimate Question

Which now leaves us with the ultimate question, "So what is the missing link?" However, that being said, this one question opens up a pandora box of related questions such as: What else can we do, or should be doing, in order to take advantage of the almost limitless amount of opportunities that are available to us in this wonderful and absolutely amazing era? Are there any currently available solutions? Are there any emerging schools of thought on that subject?

The Ultimate Answer: Virtual Organize It!

Well, the ultimate answer lies within the virtual organization management discipline. Virtual organization management provides you with a series of best-next practices, policies and procedures for operating in a virtual environment and for managing a virtual organization. Virtual organization management is highly flexible, being that you can virtual organize at any of the following levels of an organizational structure: (1) an individual level, (2) a team level, (3) a group level, (4) a department level, (5) a division level, (6) a social network level and, last but not least, (7) an organization level. With respect to an organization, it can be either of the following: (i) any free standing organization, (ii) a joint venture, (iii) an association, (iv) a consortium or (v) a partnership.

Although social networks provide you with one wing -- which is: the tools you need to effortlessly interconnect on a global scale -- what is sorely needed is the other wing -- which is: virtual organization management -- that you must have in order to fly and soar high up above in this sky of limitless opportunities. So what are you waiting for? Virtual Organize It!

ABOUT AUTHOR: Pierre Coupet is the Founder, Chairman, CEO & Doctor of Virtual Organization Management at Virtual Organization Management Institute; the founder of the modern virtual organization management discipline pioneered since 1997; and also the author of the best-selling white paper,** "How To Virtual Organize Your Social Network." To contact the author, call 818-804-5921 or send email directly to chairman@virtualorganizationinstitute.com

Copyright 2008-2009. Pierre Coupet and Virtual Organization Management Institute. Cannot be reproduced or distributed in whole or in part without permission. All rights are reserved.

** White Paper Code: vomi-nwesblog-111808

Friday, July 11, 2008

Evolution of Social Networks into Virtual Organizations

Although modern social networks such as MySpace.com, FaceBook.com, Orkutt, LinkedIn, and XING are enjoying a great deal of notoriety and success these days due to their popularity with--and wild embrace by--today's youth and the business community, their roots can be directly traced to Classmates.com and SixDegrees.com, both of which were formed in 1995 and 1997 respectively. In other words, it took 13 years for modern social networks to finally reach their peak--become ascendant--instead of some spontaneous explosion in popularity. Therefore, contrary to the idea that this is some sort of new Web 2.0 phenomena, this ascendant position most resembles the supernova stage of social networks and the beginning or emergence of a new phenomena.

The question now before us is: What is this new phenomena and where do we go from here? But before we can even attempt to answer that question, a brief evaluation of the usefulness of social networks and related user trends must be conducted with respect to the the following user groups: (1) The Personal User, (2) The Business User, (3) The Government User, and (4) The NGO User.

Usefulness of Social Network to The Personal User

From a personal user standpoint, the social network is useful to 3 segments of personal users:

1. The Magical Personal User. The social network is a great safety net (or curtain to hide behind of) for those who are introverted and afraid, unable, or unwilling to easily enter into new relationships or form new friendships. Through the social network, this individual can--as if it were magic--instantly achieve the dream and illusion of having hundreds or thousands of "friends" with just a few computer keystrokes and mouse clicks. There are no risks of being turned down and no embarassments to suffer from. The person making the "friendship" request will never receive a "turned down" message, only good news that the request has been approved, which is usually the case.

Magical Personal User Trends:
a. Social-Network-Hop. The magical user tends to engage in social-network-hop by enrolling in as many social networks as possible and accumulating as many "friends" as time will allow.
b. Lack of Active Social Interaction. Outside of making the initial contact, very little time is spent toward nurturing any sort of friendship with any member of their group. In fact, our survey of social network members indicates that up to 99.5% of the initial contacts made by a member never result in any additional communication beyond the friendship-request-approved stage.
c. Ghost Membership. Once a number of friends have been accumulated, boredom sets in, resulting in very little to no additional footprint on the network.
d. Excited by New Gadgets. The magical user gets excited at the introduction of new gadgets that facilitate the making of new "friends"; that is, of course, until the novelty eventually wears off.

2. The Practical Personal User. The social network is a godsend for those who are extroverted, outgoing, charming, and charismatic; those who see this medium as an ideal avenue for easily entering into new relationships as well as forming new friendships for social or career enhancement purposes. This individual is not just content on accumulating a list of "friends", but will actually go through the effort of trying to make contact with as many like-minded group members at a meaningful level and in some fashion or another. This could be in the form of phone calls, emails, videoconferences, face-to-face meetings at a local level, or a combination thereof. This individual--a practical personal user--is not afraid to take risks and is very comfortable in his/her own skin.

Practical Personal User Trends:
a. Limited Number of Social Networks. The practical user belongs to a few social networks and accumulates a "manageable" number of "friends."
b. Active Social Interaction. In addition to making the initial contact, a significant amount of time is spent toward developing and nurturing a "limited" number of new and "bona fide friendships" in anticipation of real payoffs from these interactions.
c. Active Membership. The practical user is not only actively engaged in developing relationships but also has an interest in the overall development and success of the social network. Their footprint on the network extends way beyond their individual group.
d. Excited by Practical Gadgets. The practical user gets excited at the introduction of "practical" gadgets that enhance the "relationship building" experience.

3. The Rarefied Personal User. The social network has very little appeal to those who, in general, are (1) more or less very static in terms of personal relationships, (2) indifferent to new technology and normally fall in the "late adopters" category, and (3) more or less maintain a very or sufficiently active brick and mortar lifestyle; which leaves them very little time for fiddling on the internet. Therefore, these individuals don't really feel the need to belong to a network. This individual--a rarefied user--is quite content to belong to one network with only a "handful" of "friends" that he/she will most likely never get a chance to communicate with.

Rarefied Personal User Trends:
a. One or Two Social Networks. The rarefied user belongs to one or possibly two social networks and accumulates only a handful of "friends."
b. Total Lack of Active Social Interaction. Outside of making the initial contact, no time is spent developing or nurturing any sort of friendships or relationships.
c. Ghost Membership. Outside of making the initial contact, additional footprint on the network ranges from nil to none.
d. No Interest in New or Practical Gadgets. The rare user is neither impressed with, and nor cares about, new or practical gadgets.


Usefulness of Social Network to The Business User


From a business user standpoint, the social network is useful to 3 segments of business users:

1. The Baffled Business User. The social network is a very complex and confusing landscape to those who are aware of its potential benefits but nonetheless are baffled as to how they can tap into this powerful medium to increase revenues. They are intimidated by social network rules and regulations; are afraid of being accused of spamming or engaging in advertising and "self-promotion." Just as parenting is something that one learns on the job and no parental training courses are required in order to have children, so it is for the baffled user who aspires to be a "social network marketer."

Baffled Business User Trends:
a. Social-Network-Hop. The baffled user tends to hop from one social network to another without any clear sense of direction or business strategy. Their motto is "make friends and let's see what happens."
b. Lone Ranger Effort with No Corporate Buy-in. Typically an individual effort and not part of an organization's business development strategy and budget allocation.
c. Engage in Useless and Idle Chatter. The baffled user believes in the Network Contributor Myth which espouses that your primary reason for becoming a member of a social network is to freely contribute your knowledge and expertise and that any business communication which falls outside that scope may be considered spam, advertising or self-promotion. As a result, the baffled user is left with no choice but to engage in a lot of useless and idle chatter that makes no business sense whatsoever.
d. Reluctance to Seriously Engage. Outside of making the initial contact, very little time is spent toward nurturing any sort of "serious business relationship" with any member of their personal network due to a genuine fear of being labeled a spammer, advertiser, and self-promoter. But, most importantly, the reluctance is due to the fact that the baffled user does not really know how to organize their personal network and where to begin. In fact, our survey of social network members indicates that up to 99.8% of the initial contacts made by a baffled business user never result in any "serious business communication" beyond the friendship-request-approved stage.
e. Ghost Membership. Once a number of friends have been accumulated and the baffled user is left with disappointing results in terms of both time spent and financial results, boredom and the resignation of failure sets in, resulting in very little to no additional footprint on the network.
f. Excited by New Gadgets. The baffled user gets excited at the introduction of new gadgets that facilitate the making of new "friends"; that is, of course, until the novelty eventually wears off and the typical wasted time and disappointing financial results set in.

2. The Transformative Business User. The social network is a godsend for those who: (1) are intelligent, forward-looking, astute, bold, daring, outgoing, charming, and charismatic; (2) understand the power of this medium to transform lives, businesses and industries; and (3) see it as an ideal avenue for easily entering into new and lucrative business partnerships and alliances, as well as form powerful friendships. This individual--the transformative user--is not only content with accumulating a list of "friends", but will actually go through the effort of mining all contact data for strategic research and business development purposes; as well as initiate appropriate contact with targeted group members at a meaningful level and in some fashion or another. This could be in the form of phone calls, emails, videoconferences, face-to-face meetings at a local level, or a combination thereof. This individual is (1) not intimidated by arcane or nonsensical network rules, (2) is not afraid to "sell", (3) is willing to take acceptable risks, and (4) is very comfortable in his/her own skin.

Transformative Business User Trends:
a. Limited Number of Social Networks. The transformative user belongs to a few social networks and accumulates a "manageable" number of "serious and bona fide friends."
b. Part of a Coordinated Business Strategy with Corporate Buy-in. The transformative user is able to evangelize the benefits of the social network to the powers that be and able to secure social network marketing as a line item in the overall marketing budget.
c. Active Social and Business Interaction. In addition to making the initial contact, a significant amount of time is spent toward developing and nurturing a "limited" and "qualitative" number of new and "bona fide friendships" for both short-term and long-term economic benefits.
d. Focus on Organizing Group or Personal Network. The transformative user focuses on implementing a coordinated and concentrated effort to organize their group or personal network for business development purposes. Primary means of interaction include audio or web-based teleconferences and local face-to-face events.
e. Active Membership. The transformative user is not only actively engaged in developing relationships but also has an interest in the overall development and success of the social network. Their footprint on the network extends way beyond their individual group or personal network.
f. Excited by Practical Gadgets. The transformative user gets excited at the introduction of "practical" gadgets that enhance the "relationship building" experience.

3. The Reluctant Business User. The social network has very little appeal to those who, in general, are (1) entrenched in the old tried and true ways of doing business and are currently relatively successful or star performers; (2) are technology agnostic or indifferent to new technology and normally fall in the "late adopters" category; (3) more or less maintain a relatively fast-paced to very hectic brick and mortar schedule which leaves very little time for experimenting on the internet; and (4) are reluctant to take risks which could impact their careers. This individual is quite content to belong to one or two networks with only a "handful" of "friends."

Reluctant Business User Trends:
a. One or Two Social Networks. The rare user belongs to one or possibly two social networks and accumulates only a handful of "friends."
b. Total Lack of Active Social Interaction. Outside of making the initial contact, no time is spent developing or nurturing any sort of friendships or relationships.
c. Ghost Membership. Outside of making the initial contact, additional footprint on the network ranges from nil to none.
d. No Interest in New or Practical Gadgets. The reluctant user is neither impressed with, and nor cares about, new gadgets.

Usefulness of Social Network to The Government User

From a government user standpoint, the social network is useful to 2 segments of government users:

1. The Information-Centric Government User. The social network is a magnet for government administrators and members who are primarily interested in either sharing, disseminating, or obtaining info among and across related groups or silos of interest.

Information-Centric Government User Trends:
a. One or Two Social Networks. The information user belongs to one or two social networks; is more interested in being part of a group instead of accumulating a long list of "friends."
b. Moderate Social Interaction. A moderate amount of time is spent toward developing a "limited" but "qualitative" number of contacts for information sharing purposes.
c. Active Membership. The information user is actively engaged in either obtaining, sharing, or disseminating info on the network.
d. Interest in New and Practical Gadgets.

2. The Organizational Government User. The social network is a bedrock of innovation for technologists, a Shangri-La for policy makers and administrators dealing with and seeking solutions to complex issues.

Organizational User Trends:
a. One Corporate Social Network. The organizational user belongs to one corporate social network acting as an internal "think tank"; is primarily interested in leveraging the corporate social network for organization-related needs.
b. Part of a Coordinated Organizational Strategy. The organizational user has a specific mandate from the powers that be to leverage the power of the social network in an organized fashion in order to attain organizational goals.
c. Extensive Social Interaction. An extensive amount of time is spent toward developing a "qualitative" number of contacts in order to achieve organizational objectives.
d. Active Membership. The organizational user is an active and integral member of a team with clear and well-defined objectives; a sort of collegial body.
e. Interest in New and Practical Gadgets.


Usefulness of Social Network to The NGO User

From an NGO (non-profit organization) standpoint, the social network is useful to 2 segments of non-profit users:

1. The Information-Centric NGO User. The social network is a magnet for NGO administrators and members who are primarily interested in sharing information with their members and donor base as well as the facilitation of a flow and exchange of information between donors and management.

Information-Centric NGO User Trends:
a. One or Two Social Networks. The information user belongs to one or two social networks; is more interested in being part of a group instead of accumulating a long list of "friends."
b. Moderate Social Interaction. A moderate amount of time is spent toward developing a "limited" but "qualitative" number of contacts for information sharing purposes.
c. Active Membership. The information user is actively engaged in either obtaining, sharing, or disseminating info on the network.
d. Interest in New and Practical Gadgets.

2. The Fundraising NGO User. The social network is the holy grail for fundraisers seeking to establish and maintain an active and loyal donor base via instant and interactive online communication.

Fundraising NGO User Trends:
a. Issue-Oriented Social Networks. The fundraising user belongs to a limited number of issue-oriented social networks and is very interested in accumulating a long list of "friends."
b. Active Social Interaction. A significant amount of time is spent toward developing an qualitative list of contacts for fundraising purposes.
c. Active Membership. The fundraising user is actively engaged in either obtaining, sharing, or disseminating info on the network.
d. Interest in New and Practical Gadgets. The fundraising user is particularly interested in tools that will advance donor database collection, donor giving and donor loyalty.

The New Phenomena: Virtual Organizations

So what is this new phenomena we speak of and why is it so important in the overall scheme of things? This new phenomena is a trend toward organizing these social networks in such a way that they begin to slowly take on the characteristics of a virtual organization, which we'll discuss later in greater detail. What is more surprising is the fact that this trend flows from both directions: the social network and the user. However, that being said, this trend is only applicable to a certain segment of personal, business, government, and NGO users--as described above--and they are as follows: (1) The Practical Personal User, (2) The Transformative Business User, (3) The Organizational Government User, and (4) The Fundraising NGO User.

Now, that we know who these virtual organization trendsetters are, let's talk briefly about 3 of the 5 main characteristics of a virtual organization that they are beginning to exhibit, albeit in some crude fashion or another: (1) Structure, (2) Discipline, and (3) Communication.

STRUCTURE. With respect to structure, we're beginning to see the formation of a rudimentary organizational structure--a GlobaLocal structure--within some of these social networks, social network groups and personal networks of individual members. Let's review examples of 3 different types of GlobaLocal structures:

The GlobaLocal Network Structure:

The GlobaLocal Network Structure is an organizational structure setup at the social network "corporate" level that is designed to directly benefit the organization as a whole. For example, XING, a social business network based in Hamburg, Germany, has in place an Ambassador program which establishes "official" XING groups at the local level in major cities worldwide; for the primary purpose of organizing "official" offline events designed to plant solid physical roots--as well as to promote the XING brand--at the local level. It is a formal relationship with rules, regulations and performance criteria.

The GlobaLocal Group Structure:

The GlobaLocal Group Structure is an organizational structure set up at the social network "group" level that is designed to benefit a particular group within the social network. In this particular example, SICU (Synergy Integrated - Connects the Unconnected)--a group within XING--has formed a rudimentary version of a virtual organization titled "SICU SSG" (SICU Synergy Solutions Group) so that members of the group can effectively form highly dynamic "think tanks" and "service cluster teams" that allow them to (1) develop a shared strategy; (2) make use of their combined resources, core competencies, creativity, and connectivity; and (3) rely heavily on each other in order to accomplish their mission and stated business goals.

GlobaLocal Personal Network Structure:

The GlobaLocal Personal Network Structure is an organizational structure set up at the "personal network" level of an individual member that is designed to primarily benefit that member. This personal network consists of "friends", whether or not they belong to any group on the network, who have requested to be connected to that individual member and become part of their "personal network." In this example, Jane Doe (fictitious name of a real person) seeks to establish weekly and monthly online and offline meetings with certain members of her personal network on XING in order to energize her base of contacts and generate mutually beneficial opportunities. These meetings are consistent; highly organized; have a clear agenda; and are focused on performance and results.

DISCIPLINE. No organization can exist without discipline. In all three (3) previously cited examples of structure, they all seem to strive, more or less,
toward the adoption or maintenance of some level of discipline although they are not really sure on how far they can go and how much to impose. Discipline--whether
it is self-imposed or externally imposed; or online vs. in a brick and mortar environment--is a necessity for any type of organization.

COMMUNICATION. Effective and consistent communication, as well as the proper means of delivery, are a "must" in a virtual environment. Again, as noted in all previously cited examples of structure, today's available tools (i.e. free or very cheap long distance phone service, free teleconference, free web-collaboration tools, 'e.g., Skype, GoogleDocs, Yugma, Microsoft SharedView') are more than enough to facilitate communication and cooperation between all parties. All that remains to complete the circle is an effective communicator with excellent verbal, written, and oratory communication skills.

We will not attempt to cover the two (2) remaining main characteristics of a virtual organization since they fall outside the scope of this discussion, however, more information regarding virtual organization management can be obtained at http://www.virtualorganizationinstitute.com

So Where Do We Go From Here?

Without a doubt, social networks are on a slow march toward an inexorable quest to virtual organize out of practical and financial necessity. Although this march is currently being spearheaded by an elite group of networks and users, as well as the leading virtual organization management education provider, Virtual Organization Institute, the next five (5) years portend to be an exciting period of growth and maturation for social networks and the virtual organization industry as a whole as these networks metamorphose and evolve into virtual organizations. This period of maturation will lead to a broad acceptance and adoption of virtual organizations by all existing and new social networks and all classes of users within the next 8-10 years. History is being made and it's really an exciting time for all.


ABOUT AUTHOR: Pierre Coupet is the Founder, Chairman, CEO & Doctor of Virtual Organization Management at Virtual Organization Management Institute; and the founder of the modern virtual organization management discipline pioneered since 1997. To contact the author, call 818-804-5959 or send email directly to chairman@virtualorganizationinstitute.com

Copyright 2008. Pierre Coupet, Virtual Organization Management Institute, NetWEB Elite Solutions, Inc. Cannot be reproduced without permission. All rights are reserved.