The Secret to Higher Employee Productivity: Social Networking? (Infographic)

We take a look at how enterprise social networking can streamline internal communications, file sharing and employee collaboration.

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When employees have the information they need, they can make better decisions, perform more productively and ultimately help your 's bottom line. In today's world, one of the for co-workers to communicate is through an internal social network -- something like a or , except used by your employees only.

The below highlights the amount of lost as a result of problems. A with 100 employees, for instance, spends about 17 hours a week clarifying communication. That translates to an annual cost of more than $525,000.

On the other hand, companies with effective had 47% higher returns to shareholders, and the majority of companies currently using social-collaboration tools say they would plan to use more in the . The data comes from a variety of sources, including The ESN Surgey and Econsultancy.com.

The research further finds that companies are using enterprise social networking for the following reasons:

  • To share company best practices.
  • To facilitate collaboration.
  • To evolve company .
  • To identify expertise around the company.

For more about using enterprise social networking, take a look at the infographic below.
 

Click to Enlarge+

The Secret to Higher Employee Productivity: Social Networking? (Infographic)

 

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