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Religious groups from Episcopalians to Orthodox Jews have signed up for Twitter, Facebook and other social media networks with the same gusto that celebrities and politicians have, and for some of the same reasons — to gain a global platform and to appeal to young people. Still, many clerics admit to an uneasiness about the merger of worship and electronic chatter.

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For Modest Earners, Relief Repaying Student Loans – Repaying a student loan could soon be a little less painful. Starting this week, anyone with a federal student loan can apply for a program, run by the Department of Education, that caps monthly payments based on income, and forgives remaining balances after 25 years. Those choosing to work in public service could have their loans forgiven after just 10 years.

New Grads May Have Leg Up On Older Job Seekers Recent college graduates are finding out that an economic downturn is not the best time to be searching for work. But they do have a leg up on older job hunters: It’s a lot easier for a 22-year-old — unburdened by mortgage and kids — to go to where the work is.

IBM Reinvents the 401(k) – Staffers were nervous when Big Blue replaced its pension plan with a souped-up 401(k). Now, the plan could be the new gold standard.

U.S. Job Losses Rise and Unemployment Reaches 9.5% – The American economy lost 467,000 more jobs in June, and the unemployment rate edged up to 9.5 percent in a sobering indication that the longest recession since the 1930s had yet to release its hold. “The numbers are indicative of a continued, very severe recession,” said Stuart G. Hoffman, chief economist at PNC Financial Services in Pittsburgh. “There’s nothing in here to show that the economy and the market are pulling out of the grip of recession.

A Day With 400 Tweets Starts With Simplicity – A Comcast Social Media Associate has plenty of advice to give on using Twitter and other social networking sites, as do other always-on pros and amateurs. Their tips will help you minimize your time and effort while maximizing your social bliss.

Q&A: Rising Unemployment Clouds Outlook – The increase in the unemployment rate to a 26-year high of 9.5 percent doesn’t bode well for a smooth transition to economic recovery. Economists expect unemployment to continue to rise into 2010, and possibly longer. Here, a look at what some leading economists say lies ahead as the fall season approaches, when retailers typically expect a boost from back-to-school shopping.

Green Power Takes Root in the Chinese Desert – As the United States takes its first steps toward mandating that power companies generate more electricity from renewable sources, China already has a similar requirement and is investing billions to remake itself into a green energy superpower.

Economist: Stimulus Appears To Be Working More jobs were lost last month than expected, but the Obama administration’s economic stimulus package promises to create 600,000 jobs by the end of the summer. Mark Zandi, the chief economist at Moody’s Economy.com, says that without the stimulus, the numbers would be worse.

Obama Disappointed By Jobs Numbers – President Obama said Thursday he is “deeply concerned” about unemployment. The remarks to The Associated Press came after the Labor Department said U.S. businesses shed 467,000 jobs in June and that the unemployment rate increased to 9.5 percent.

Madoff Likely Won’t Be Serving Time In ‘Club Fed’ – Anyone who thinks convicted swindler Bernard Madoff will serve easy time in a “Club Fed” minimum-security prison should think again. He is unlikely to land in a cushy cellblock, and he will need to watch his back, consultants and former inmates say.

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I was having a discussion the other day with one of my employees about the benefit of twitter and how it can be utilized in a business setting as a value-adding marketing tool. He was not so convinced. He could only see twitter as a way to tell people what you were doing at any given moment. “I’m sitting on my couch” or “I’m going to the bathroom!” were his tweet examples to show the inanity. He was all about what you could do with Facebook – in his eyes – a much richer experience.

I think the twitter and micro-blogging phenomenon is a lot more telling about social media in general than most would give credit for, and if you can find a way to use this tool to your advantage, you’re instantly ahead of the pack. At least for now.

What can you do with 140 characters or less, the length of each tweet? A lot, restaurants are discovering - everything from posting daily specials to luring followers with offers of free appetizers to offering a glimpse of kitchen life. It’s all good for business.

“It’s instant and free marketing,’’ said Chris Barr, a manager at L’Espalier, which joined Twitter this month.

Restaurants are starting to sign on by the dozens, inspired, perhaps, by the success of Kogi, a Korean barbecue taco truck in Los Angeles that gained national notoriety by tweeting its whereabouts. In February, Newsweek called it “America’s first viral restaurant.’’

[via The Boston Globe]

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IBM and the Web 2.0 World

by Erik on June 24, 2009

in Censorship, IBM, Privacy, Web 2.0

Serendipitously, I just uncovered a post relating to IBM and social media use guidelines, which I wrote about yesterday with regard to the Associated Press’ new policy. IBM’s document is a “public submission to the Department of Homeland Security as part of their Privacy Workshops they hosted in Washington D.C. earlier this week.”

Particularly interesting to my discussion is IBM’s take on what it means to engage your staff in social networking, and how to set the proper expectations with your people:

Both governments and business must adopt such capabilities responsibly and thoughtfully, with proper consideration ofthe risks, governance, and legal issues introduced by Web 2.0. Organizations must implement policies that clarify the boundaries ofappropriate use for participants and take steps to protect proprietary or classified materials.

They must set expectations concerning data ownership, visibility, longevity and privacy. The deliberate and thoughtful establishment and implementation of such policies is an essential step toward making Web 2.0 tools suitable for business and government.

First thoughts: I really think it is great that an organization strives to be forward thinking and embraces new technology as readily as I believe IBM does. It is one of the few firms that relishes in the fact that they have the foresight to stay ahead of emerging trends and to ultimately take action when needed to utilize those trends for business purposes. With that foresight, I also realize that it is important (and essential) for a firm to minimize risk, but it is equally essential for a firm to allow their teams to express themselves and explore their creativity–which allows people to “become a global publisher for free – in minutes” when using Web 2.0 tools.

Social Networking Guidelines

On the same point, I also think a hard line document like the one set out by the AP is a bit of a stretch for acceptable use-policies and the managing directors within the Associated Press should consulted the guidelines set forth in the IBM document posted above. “In the mid 1990s, IBM similarly issued a set of Internet Use Guidelines for employees, while encouraging all employees personally to explore and become expert in the use the Internet.” Use Guidelines like the ones IBM enacted enables innovation and knowledge to grow, while the AP guidelines can be seen as nothing other than a set of rules set out to stifle the creative expression of their workforce.

One of my biggest learns from Adam’s snippet was the shear volume and intensity of the IBM social media platform. Not only does the organization provide guidelines for use of these tools, but the company also actively promotes the technology. IBM says they “did so in order to encourage collaboration and provide greater outside exposure to IBM’s greatest asset – its employees.” That sentence in and of itself speaks to the culture that Big Blue maintains.

Globalization and Sustaining Growth

I also wanted to bring attention to one other snippet that caught my eye on Adam’s site: IBM recognized the opportunity to tap into individuals’ use of social media as a way to flatten a geographically and organizationally dispersed employee population and to encourage more learning, collaboration and development – both inside the company and with external parties. Further, our research indicated that the personal interactions individuals have with IBM employees – online or face-to-face – have a more powerful influence on shaping the individual’s perception of IBM’s brand than any other form of communications, marketing or advertising.

Again, I think the focus on the employee, is partly why IBM hires and retains the top talent from around the world, and maintains industry leader status within the many areas it serves.

Check out what Adam had to say here.

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AP Issues Strict Facebook, Twitter Guidelines to Staff

23 June 2009 Censorship

photo credit: miralize
Wired.com posted an article pointing to a new set of guidelines from the AP regarding a corporate policy about staff posting to twitter and Facebook.
The Associated Press is adopting a stringent social-networking policy for its employees, informing them to police their Facebook profiles “to make sure material posted by others doesn’t violate AP standards.”
The […]

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Mind Your BlackBerry or Mind Your Manners

22 June 2009 Business Logic

photo credit: ydhsu
As Web-enabled smartphones have become standard on the belts and in the totes of executives, people in meetings are increasingly caving in to temptation to check e-mail, Facebook, Twitter, even shhh! ESPN.com. But a spirited debate about etiquette has broken out. Traditionalists say the use of BlackBerrys and iPhones in meetings […]

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The experiment: IBM social media ‘Jams’

19 June 2009 Business Logic

Today I received a short note from Adam Christensen re: IBM Jams… He pointed me to his case study on the most recent InnovationJam. I really like the concept behind the case, as I believe the argument is quite often true… How many companies are doomed to failure when implementing new innovative technologies that are grounded […]

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