The ROI of personal networks (especially LinkedIn)

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Image: An email from LinkedIn prompting me to tell my network what I’m up to…

Yesterday I had a conversation with someone who told me that over the past year that had learned how to use LinkedIn and that they reckoned that they could directly attribute several hundred thousand pounds of profit to it. Not vaguely, not hypothetically – they knew exactly which items on their balance sheet were the result of doing things because of and through that social network tool.

They were a fiftysomething avowedly non-techie businessperson in a service industry and I found their account of their experience very useful, as it had the fresh perspective of someone outside of the connected world I most live in.

They were of course highly successful in their field already, and implicitly understood the importance of personal networks in business.

Their nightmare scenario in business was missing out on an opportunity because they weren’t in the right place at the right time, that they weren’t front of mind when someone in their sector was pulling together a short-list for a contract or similar. What Twitter was doing was helping them to increase both their presence and profile in their personal network and their ability to listen to the needs of their connections and contacts.

These were some of the points they related which stuck with me…

  • Paying attention to what is happening: They weren’t a compulsive checker of what was happening on their LinkedIn account, they used a weekly email update to see who was doing new things, connecting with someone else, saying interesting things or asking for help on status updates.

  • Light-touch presence: They update their status every now and again, but had grasped that in LinkedIn less can often be more. I agree with this, which is why I don’t connect Linkedin to Twitter. In Twitter I am much more chatty, and when the mood takes me update several times a day or even hour. In LinkedIn that’s not useful – I leave status updates there only when something significant has happened, or I am travelling somewhere that I think I might meet others from my network or I am looking for input on a particular project or issue. They also mentioned that changing their photograph or updating their profile details every few months was a useful way of keeping (sociologists would call that a phatic expression – the online equivalent of waving as you pass or saying “hi” briefly).
  • Being useful to their network: As well as answering obvious business opportunities, they stressed the importance of connecting others who would be useful to one another, when they spotted an opportunity. This connecting behaviour is a classic networking approach, and one that leaves everyone feeling positive toward one another. Often it can also result in direct or indirect commercial benefits for the connector.

LinkedIn is a productivity, networking super-charger: It’s not just about LinkedIn, of course – it is about understanding your personal networks and how to behave, to be useful in them. Tools like Linkedin accelerate and augment our ability to successfully work with our networks, in them, through them. But the real, underlying superskill as I’m calling it at the moment, is all about networks.

Clinton: No Tweets while I’m talking

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“I hope you’re not Tweeting this…” Image (cc) Marcn.

Bill Clinton has never been attention-shy, but apparently he isn’t keen on Twitter-based attention, at least not during his speeches.

Some commenters on the RWW piece where I heard about this suggest he wants everyone in the room to give him their full attention. From the Primary Colours caricature, that would be a palusible explanation, but since no explanation has been offered by his team, we don’t really know.

Maybe as an exemplar of the the pre-web communications arts, he fears the backchannel?

Or now that Twitter and Facebook posting are so main stream are we seeing the beginning of a bit of a backlash as we go through a norming process about how we pay attention and communicate during speeches?

I wonder if we will see more policies like this for speakers? Who would be able to get away with it? Will there be anti-Twitter goons on patrol to enforce it?

All very odd. All very interesting.

Via ReadWriteWeb