ECM as a Human Resource: Hiring Managers Take Note

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Keywords: E2.0, ECM, social media

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When the notion first arose that the adoption of social media, E2.0, and other modern conveniences could make employees happier, reduce turnover, and serve as a recruitment tool, I was skeptical. Not that the idea didn’t have logical merit; it did. But can it really be a significant part of ECM’s value?

I’m coming to believe it can.

Consider a conservative organization with information technology systems that were installed 7-10 years ago to address certain specific needs and are now approaching end-of-life.* How fundamentally engaging do you suppose they are? How Web-enabled? How generally searchable is it, and how interoperable is it with other information systems?

Now consider the fact that the company occupies a very competitive market niche, and its customer service skills are fundamental to its success. How attractive do you think it is to a new generation of employees who grew up with Facebook, Twitter, YouTube, and various other mechanisms for sharing knowledge? How happy do you think those people will be having to deal with information solutions that are steeped in hard-copy imaging, manual processing, and old-school telephony?

Not very. And therein lies the appeal.

Young professionals today know no other computing reality than one fraught with social/E2.0 applications, which they’ve used all their lives in their homes and universities. Is it so unreasonable for them to expect at least the same level of digital communication/collaboration in the workplace? Certainly not, and hiring managers will ignore such expectations at their increasingly peril.

*Based on a true story

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Adrian McGrath

Assigning tangible value to Information Assets and People

Hi Steve,

Yes indeed, innovation in the consumer space around social media is quickly finding its way into the business arena. As you say, it is going to have to, as the next generation of employees will 100% expect to use such tools in their jobs.

The more these tools are used, I agree that the more value could be attributed to ECM, as ECM will become a more intrinsic and valuable tool within the organisation.

I think it could also potentially make key members of staff more valuable that heavily engage social media tools in the workplace to share their knowledge and experience with others, help predict trends, connect and help colleagues, fuel innovation, really maximising their knowledge ... the kind of staff that if they left the organisation would in reality have an impact on the bottom line, even if that impact is difficult to quantify.

That's the problem, we don't really have a way to attribute a realistic value to:
* Information assets (both tools and content);
* People who sit at the heart of social collaboration and networking within an organisation and play a proactive part in maximising the organisation's knowledge and information assets.

I have previously written a post on this (http://mcgratha.wordpress.com/2010/12/30/recording-human-capital-and-information-as-assets-in-the-balance-sheet) where I came to the conclusion that it was hard to envisage how it would be feasible for organisations to list human capital and information as assets in the balance sheet.

However, I am starting to have second thoughts on this. Although their value may not be actually recorded as assets in the balance sheet, I think their value will be a lot more tangible than it is now. At Logica where I work, we are trailing a predictive and collective intelligence tool (from consensuspoint.com) to predict future technology trends, engaging staff across the organisation.

I think that many more tools will emerge that leverage social media and collective intelligence ... and key contributors will be obvious (and more valuable?)

Regards

Adrian

p.s. I haven't started using this collective intelligence tool in Logica yet ... I guess I better start!
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Steve Weissman

Really, really interesting stuff!

Thanks for weighing in, Adrian, and for pointing us to your post. I'm always intrigued to see how much great minds really do think alike! :-)
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This post and comment(s) reflect the personal perspectives of community members, and not necessarily those of their employers or of AIIM International