Companies Should Encourage Social Networking Among Employees - Forbes.com
Using social media inside a company can help turbo-charge a brand.
The online whiteboard of Kristofer Palmvik
The company does a great job, innovates and becomes a monopoly or close to it in some field, and then the quality of the product becomes less important. The company starts valuing the great salesman, because they’re the ones who can move the needle on revenues." So salesmen are put in charge, and product engineers and designers feel demoted: Their efforts are no longer at the white-hot center of the company’s daily life. They "turn off.
Whether it’s a high-profile tech company like Yahoo!, or a more established conglomerate like GE or Home Depot, large companies have a hard time keeping their best and brightest in house. Recently, GigaOM discussed the troubles at Yahoo! with a flat stock price, vested options for some of their best people, and the apparent free flow of VC dollars luring away some of their best people to do the start-up thing again.
A product-driven company seeks genuine problems to solve. A sales-driven one sells whatever they are given to whoever will buy it — regardless of whether the customer's need is met.
“Revenge quitting” is the trend of workers fighting back against big business. Employees abruptly leave a job in response to negative experiences such as lack of recognition, burnout or disengagement with workplace culture. Experts say that it’s an inevitable result of a workplace evolution that’s been brewing for years and that rapid technological advancements, coupled with changing generational expectations, are accelerating the shift.