Trends in the Living Networks
FEBRUARY 26, 2008
» Lloyds TSB pilots social media Ross Dawson, February 26, 2008 7:30 PM US PT James Gardner, head of innovation at Lloyds TSB, writes consistently on his blog Bankervision , disclosing some of the key issues involved in innovating in a major bank. Some excerpts from his below show how blogging can change how corporations work.
Trends in the Living Networks
FEBRUARY 13, 2006
The principle is simple – you lend to individuals at interest rates based on their credit rating, and since you’re cutting out the bank as middleman, both lender and depositer get more attractive interest rates than they can get commercially. Banks are the archetypical intermediary, in this case between depositers and lenders.
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Trends in the Living Networks
OCTOBER 26, 2005
As such, the emerging domain of algorithmic trading – which largely automates trade execution – is in fact providing new ways for investment banks to create high-value relationships with the clients. However even greater value can be created by adding explicit value to clients’ decision-making processes.
Trends in the Living Networks
APRIL 13, 2007
Yet social networking is not just about friends and personal networks. Applying social networks in the enterprise is a sweet spot that has massive potential value. Spoke had a unique model at the time, providing both social networking applications inside the enterprise, as well as a public version of their application.
Trends in the Living Networks
MAY 22, 2006
This squarely puts Microsoft into a space – enterprise social network software – that has previously been populated by Spoke , Visible Path , Contact Networks , and Tacit. Many organizations seem to think the enterprise social network software will provide an immediate solution, and many have stumbled already in applying these tools.
Trends in the Living Networks
DECEMBER 17, 2008
Social change tends to be faster in a downturn. Sophisticated and with a social conscience, Gen Z has never lived without the internet or mobile phones. Outsourcing used to be for banks and telcos. Companies become social. In 2009, companies will truly embrace social networks, blogs, and other Web 2.0 0 TrackBacks.
Trends in the Living Networks
DECEMBER 19, 2007
For now it is being trialled in three large institutions, including a global retail bank with 70,000 staff that had received loud complaints from staff when it banned Facebook, and an investment bank that tried to implement an in-house social network based on Sharepoint that its employees didn’t use.
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