Information Network

The article "KM and the social network" illustrates Social-network analysis which is a tool in Information Network. This tool will help business to analysis problems which may happen inside the organization as well as supply chain relationship.

http://www.ikmagazine.com/xq/asp/sid.0/articleid.F79B4E31-7854-4B6A-9202-164FB18672D3/eTitle.KM_and_the_social_network/qx/display.htm

The article gives example how information network should be used in business.

In the diagram below, the big nodes illustrate for executive team and the smaller nodes are staffs who report to the executive team.
The dark color nodes in the center represents the tight relationship and many interactions among the high level staff in company. The area A, B and C has Key Connectors in each group but they seems less interactions among nodes. Some nodes only have one way connections. The L and S areas are not leveraging learning from one set of accounts to another. Generally, the executive team in the center is the one who draw the other groups in company together.

The picture below shows what will happen if we remove the Executive team out of the network. The relationship seems falling apart.

So, we can have conclusion that company is having a relationship problem. People do not interact with each others. And Groups do not connect with other groups.

QR Code in Business Card

Now we can quickly and accurately have all information of our partners in our phone...  Cool!

Let watch the clip:

Business Model - Cost per Share in Facebook

Before the lecture on Wednesday last week, I always wonder why some websites, such as Youtube, facebook, Wikipedia, ect., let me use free. How can they make profit? Many questions about how online business can be profitable. But now, I have satisfied answers.

The link is an article about online business model: http://venturedig.com/tech/monetizing-social-networks-the-four-dominant-business-models-and-how-you-should-implement-them-in-2010/

One of the ways which facebook can make money is Cost per Share (CPS). It bases on number of people share the links on their news feed. CPS is higher than CPC because people who share the link, are most likely loyalty customers/visitors. This method is also a good way for business to spread the company's name. Because friends of the loyalty customers will believe the link is useful and harmless. However, the CPS can only work with well-known company's ads.

QR Code Vs NFC??

NFC stands for Near Field Communication. It is new technology which is being used in some European and Asian countries. Basically, users wave their phone (which has technology inside) in front of NFC symbol. All information will appear on their phone. NFC has wide applications. They can be used to connect phone to phone, or phone to TV or computer, or even phone to a car. It can be your car's key. On the other hand, QR Code has limited characters. It is mostly used for advertising.

I wonder if NFC would replace QR Code in the future?? or can they be integrated to become a better technology??