Is Your Boss on Twitter?

Probably not. Why CEOs are avoiding online social networking.

 
PHOTOS
What They Got Away With

A look at the CEOs who walk off with mountains of money

 
 

Email To A Friend

Please fill in the following information and we'll email this link.

Separate multiple addresses with commas

SPONSORED BY
 

A public relations executive recently evaluated the number of Fortune 100 CEOs who had presences on social network sites including LinkedIn, Twitter, Facebook and online information site Wikipedia. Almost none of the chief executives were involved with the Internet destinations, which should not have been a surprise to anyone with sense. The question raised by the PR person is why executives do such a poor job managing their images online. A better question is why a CEO would want to be involved with the websites at all.

Social network advocates have reached the point where they believe that the sun rises and sets on the interactions among their members. Facebook has more than 200 million visitors by one measure. Wikipedia is one of the ten most visited sites in the US. The frenzy of activity around having multiple and well-managed online presences has become a mania without a purpose.

Facebook and MySpace, the two largest social networks, are widely used by agoraphobics and people in state prisons. Almost no one else would have the time to "manage" identities all day long. As a matter of fact, a number of people with identities on the sites are impostors.  One of the things these properties have not been able to do is eliminate the activities of pedophiles and other miscreants. CEOs would be mobbed with requests from other Facebook and MySpace members who want to connect with them as "friends" as they are known on the sites. Most of these people are  likely be sacked employees and unhappy shareholders. The only large company CEO who could build a positive presence on a social network is one running a company with one shareholder and lifetime employment for all workers.

Wikipedia is another place that executives should avoid. Many of the entries are written by people who would like to distort the public's view about some person, historical movement, product, or service. The entry on long-time GM CEO, one of the great managers of the last century, has a notation: "This section contains weasel words, vague phrasing that often accompanies biased or unverifiable information. Such statements should be clarified or removed." Most corporate image makers do not know what a "weasel word" is and are probably not willing to find out.  Alfred P. Sloan had and still has a sterling reputation and is known worldwide for his management prowess. The fact that he cannot get a complete and accurate portrait in Wikipedia should disturb any CEO who hopes to burnish his image or that of his company at this online information repository.

The general conviction among people who use social networks and websites that pretend to share accurate information is that this is the wave of the future when it comes to sharing information, both personal and public. Simply looking for facts and figures on search engines like Yahoo! (YHOO, Google (GOOG), and Microsoft's (MSFT) Bing is not enough. Facts lack flavor and social networks are all about flavor, impression, and the intuitive world.

No doubt, corporate communications executives all over America are attending seminars, paid for by their companies, about how to manage a reputation online. Experts who know nothing beyond what they can discover by having "friends" at Facebook and MySpace come and lecture about the marvel of the new age of impressionistic information. That is simply another way of saying no information at all.

Social networks are meant to be like Boy Scout Jamborees where young people and their troop leaders mass by the tens of thousands on hundreds of acres of land. The scouts set up tents, communications facilities, and crude means of survival. There are no amenities, the bars and private jets that CEOs are used to. Everyone at the Jamboree is kindly regarded by his fellows, even if he is, in real life, a thug or an accountant. It is not the sort of environment the ruler of a large business could survive in. It is also a place and an event that has no utility for him.

CEOs will never come to the social networks in any numbers. Most have enough reputation problems and they do not need those magnified by people who have nothing better to do than go online and insult one another.

© 2009

Label

Newsweek Top Stories
Al Gore's Climate-Change Evolution
Al Gore's Climate-Change Evolution

Using emotion to convince people to change.

Heaven Can Wait
Heaven Can Wait

A new book promises proof of eternal life.

The World's Biggest Foods
The World's Biggest Foods

Monster edibles from around America.

Discuss

Sponsored by

Member Comments

  • Posted By: OnlinePR @ 07/01/2009 12:12:44 AM

    I recently presented at IABC World Conference in SanFran; my topic - Why CEOs Are Scared Of Social Media - this video clip suggests the attitudes of engagement, rather than techno-savvy, might be too abrasive for them:
    http://www.youtube.com/watch?v=1LzR6pCdtoA

  • Posted By: ginidietrich @ 06/30/2009 10:06:21 AM

    I don't agree with this article and here is why:
    * Consumers are even more skeptical today about large corporations and the ONLY person who can begin to change that perception is the CEO.
    * A CEOs role is to be the face of the company and to communicate with ALL stakeholders, even the unhappy ones.
    * A company has unhappy employees, angry shareholders, and sacked employees. Why not listen to what they have to say and do something about it instead of sticking your head in the sand?
    * Hiding behind legal counsel is bull. There are plenty of CEOs who are using the social networks and using them very well (Zappos, for one).
    * A CEO doesn't have to engage with every, single person that is happy or unhappy with the company. That's what the communication department is for.
    * A company's brand is going to be even more focused in the coming years on how well the CEO is present. That means on the social networks, too.

    While I'm not a Fortune 100 CEO (yet), I maintain an online presence. I have people that try to discredit me. I have people that call me names. I have people that don't know me, yet say really nasty things about me. But the flip side is that anytime someone tries to discredit me or the brand I'm building, I have groups of people that want to hunt down that person.

    It's time to get on the bandwagon

    Gini Dietrich
    Chief Executive Officer
    http://armentdietrich.com
    http://twitter.com/ginidietrich

  • Posted By: ASKSEO @ 06/29/2009 5:11:43 PM

    I believe it also is not a good idea. The time factor and Potential of people discrediting the business do to some personal gripe.

Reply

Report Abuse

Enter comments if any for reporting abuse

My Take

Customize the NEWSWEEK homepage
to feature your favorite columnists.

Customize Now
 
The Greediest People of All Time
From Bernard Madoff to AIG, Wall Street has reinvented excess. But the Masters of the Universe didn't invent greed. A look at the despots, robber barons and others who made our shortlist.