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Professionals dealing with ISM enable all categories of organizations to receive information benefits through adequate investments in staffs, processes and equipment. ISM is people focused, with adequate focus on quality service. Presently, the ISM is increasingly being developed on the computer networks, software and also hardware. ISM is applied in the facilitation of analysis, strategic and operational processes.
LinkedIn is a category of ISM, in that it is a business focused social networking service. The business focus is the main reason why it is suitable for professional networking. Professionals use the information system processes of LinkedIn to share information on organization business environment. The increasing international business connectivity is the main factor why the users of LinkedIn are continuously increasing in terms of millions on yearly basis. Presently, the professional networking site has approximately 259 million users. LinkedIn is also present internationally, in approximately 200 countries. The multinational corporations operate in diverse business environments. The diverse cultures and language in the international business environment is the main reason why LinkedIn is available in 20 international languages including; English, Portuguese, French, Spanish, German, Swedish, Russian, Korean, Japanese and Chinese. LinkedIn initiated the initial public offering during January 2011. The shares of the company were initially traded at the New York Stock Exchange on May 19, 2011. LinkedIn is applied by professional internationally to share ideas on organization processes like management activities, innovation, technology adaptation and quality standards.
LinkedIn is effective in its operations as an ISM tool, due to its capable management team and professional experts. The CE of the organization is Jeff Weiner, the immediate former executive of another global information system corporation, Yahoo! Inc. The founder of the company
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The entrepreneurs similarly, are on the watch out for exciting talent that has exceptional written all over them. They want to know which individuals can break into the folds and thus explore the basis of their entireties. Therefore LinkedIn helps establish the basis of success for the professionals to grow as a whole, and that too in a collective fashion.
The marketing strategy, the business model and the use of the site by the marketers have been closely analyzed. This unique social media vehicle is being treated as a useful source to establish connection by people in terms of showcasing their talent. This in turn is assisting the site to earn its revenue.
You can even link up with co-workers as part of your network.
According to Kawasaki (2007), "Most people use LinkedIn to "get to someone" in order to make a sale, form a partnership, or get a job. It works well for this because it is an online network of more than 8.5 million experienced professionals from around the world representing 130 industries.
The problem is that this population represents a small number of people throughout the world. If LinkedIn has to grow and has to increase the number of members, it has to target a younger portion of the population, especially those who are
The organization is significantly known for its opportunity making. Over the years the organization has depicted itself as the key social contributor in the domain of professional social networking. With the help
Though the dollar value of Facebook’s revneue is higher than that of the linkedin however, the overall revenue growth of Linkedin remained higher against facebook.
In 2013, Facebook’s profitability increased by 28% however it is also showing a dip of 26% in
In 2010, there was a significant potential growth of the market. The customers were more willing to buy the products of the company. From 2011, the competition increased continuously. The growth may also reduce in future because the company may have already exploited the
In 2008, the company turned out to be a $1 billion assets company. Currently, it has more than 200 million users and 24 million companies’ associates. Hence, LinkedIn is a successful company due to diverse reasons. First, the company does its acquisitions smartly. This is
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