Embracing trends in social networks: FT coverage, with my thoughts

9 May 2011 + 0 ,

Today’s Financial Times has a feature on the impact of social media on those in the financial services industry:

Reputation is one of the most valuable assets companies possess, but controlling it amid the rising influence of social media is a growing challenge. Financial services personnel who naively think their company has no presence on social network sites are sadly mistaken, according to Mark Pack, head of digital at MHP, a Londonbased public relations consultancy.

The first thing Mr Pack points out to clients seeking direction on online strategy is that they already have an online presence. This is because a large proportion of an asset manager’s staff have personal profiles on social networking sites such as LinkedIn, Twitter and Facebook on which they have identified their affiliation with their company.

You can read the full piece here.

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