In Good Company
Get familiar with LinkedIn, get more out
Have you heard of the Kevin Bacon game? The goal is to try to link actors to Kevin Bacon based on the movie connections they share—the assertion being that almost everyone is connected to the "Footloose" star by six degrees of separation or less. If you want to have a little fun with it, test your movie trivia chops at http://oracleofbacon.org.
Now, think about your own personal and professional network: who you know, who they know and who those people know. The number shoots up pretty quickly.
That is the beauty of LinkedIn, the business-focused social networking site that’s the subject of this month’s cover story, "LinkedIn or Lose Out."
LinkedIn has grown up. It’s not just the go-to site to help you find your next job anymore (although it can do that, too). It’s about networking with peers, joining "groups" of like-minded professionals, seeing where connections exist and researching suppliers or other potential business partners. It also helps others find you.
Whether you’re a holdout who has yet to take the plunge and open an account, or you’re on LinkedIn but aren’t taking full advantage of all it has to offer, there’s something in this article for you. With more than 100 million business professionals all in one place, you’ll be in good company.
By now, many of us have witnessed—or felt—the effects of outsourcing firsthand, and according to the results of an ASQ-Metrus Group survey, the outcomes aren’t always rosy. In "Reversing Course?" the authors outline the results of a survey that sheds light on some of outsourcing’s common pitfalls. A few key findings:
- Only 56% of respondents achieved their financial goals for outsourcing.
- From a service quality perspective, respondents indicated outsourcing failed to meet its objectives.
- The No. 1 reason cited for supplier failure was supplier capability issues—insufficient skills, knowledge or resources. Communication issues came in second.
The results indicate a pressing need for internal systems and infrastructure to manage outsourced relationships. Will we begin to see more organizations insourcing? Will organizations take the steps needed to mend problem areas? Or will there continue to be unchecked sources of inefficiency? Let us know how your organization is handling its outsourced relationships on this article’s page.