Writing in the 23 Aug 2011 Financial Times, John Hagel and John Seely Brown of the Deloitte Center for the Edge advise CIO's how to improve performance, usually without increasing spending. They recommend that CIO's identify their biggest pain points, and adopt a Performance Improvement Funnel approach to leverage the unique, full value of social software. Hagel and Brown cite two examples from their Feb 2011 Social Software for Business study including: "Alcoa Fastening Systems reduced time spent on compliance activities by 61 percent using an internal collaborative platform provided by Traction Software. Both companies targeted specific pain points and were able to deliver tangible improvement in performance that mattered to the senior executives of the firm." » Read the full story
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