In an effort to separate themselves from the pack, businesses owners and entrepreneurs alike have turned to social media platforms to give their products and services an edge. Some companies create short viral video campaigns for YouTube, live stream their latest product launch on Facebook, or produce compelling photographs for their audience on Instagram.
One social media platform that’s sometimes overlooked by people in the business world is LinkedIn. While some entrepreneurs believe that LinkedIn is just a network for resume posting, the platform actually offers a wide range of tools for business people looking to grow their company.
To learn more about the ways that LinkedIn is a vital tool for entrepreneurs and businesses, read on below!
LinkedIn is Great for Professional Networking
While social media platforms like Facebook, Twitter, and Instagram focus on the social aspect of networking, it can be difficult to make serious inroads on these networks if you’re interested in growing your network on a more professional basis.
LinkedIn, on the other hand, makes growing your professional social network easy by allowing users to search for like-minded professionals in their particular area of expertise. LinkedIn allows users to build relationships with people on both a local level, as well as on national and international levels, too, making the social network unique in its ability to help entrepreneurs quickly find other business savants who are revolutionizing the business landscape in their cities.
LinkedIn has message boards and groups that further allow people to identify who they might want to connect with to grow their business venture. This feature can be an extremely invaluable tool for entrepreneurs who want to expand their product or service into new areas.
Using LinkedIn as a Tool for Product Launches
One innovative way that business owners are using LinkedIn as a vital tool to grow their companies is by creating product-specific LinkedIn pages. That’s right — not only is LinkedIn an excellent option for those posting up your resume, but the platform is also great if you want to showcase the benefits of a product you’ve recently launched.
On LinkedIn, entrepreneurs can create a page for their product or service that is similar to the resume-style profile pages the platform offers. These product pages are a great way to quickly highlight what makes your new product great.
LinkedIn is such an effective tool from a marketing standpoint that a new study indicates that 81% of business-to-business companies are using LinkedIn to advertise their product launches.
Various cultures have different leadership styles. Richard D. Lewis, a British linguist, charted the differences in his book “When Cultures Collide.” Besides he teaches these acumens in seminars.
Spanning from ringi-sho consensus in Japan to structured individualism in the United States of America, the charts look as if intuitively correct, if not separately accurate across a given nation.
Lewis argues that even though the countries may be facing rapid economic and political transformations, there exist some patterns which won’t change anytime soon. They have deeply rooted beliefs and attitudes which make them resist sudden changes in values when pressured to do so.
British managers, for instance, are diplomatic, helpful, casual and willing to compromise, although they can be ruthless when provoked. Regrettably, their strict adherence and conformity to tradition can lead to an inability to understand differing values in others.
On the hand, American managers are aggressive, assertive, goal oriented, optimistic, ready to change, vigorous and confident. They value working together as a team and enhancing corporate spirit. Unfortunately, they value individualism and promoting personal career.
With an incredible grasp of the various issues affecting their company, French managers are more autocratic as well as paternalistic. However, they quickly dismiss opinions of seasoned technical staff and middle managers.
A decentralized and democratic system of management among the Swedish people is incredible. The rationale enhances motivation and productivity among employees. Even so, decisions get delayed sometimes.
Managers in Germany strife to form a seamless system. They have a well-structured chain of command based on every departmental unit. Instructions, as well as information, are passed from the top down to the bottom. The drawback is that they considerably rely on consensus.
In the Netherlands, success is measured by the achievement, merit, and competence. Even though managers are decisive and dynamic, a consensus is compulsory since various players must be consulted before making any decision.
Traditional Indian companies practice nepotism. For example, members of the family hold critical positions excluding other people who may have the required skills and talent. Besides, policies get dictated by trade organizations such as jewelers, fruit merchants among others. These groups work in close unison and support one another during stressful moments.
China managers value consensus. The state-controlled companies allow leadership groups to formulate policies, while capitalist-style corporations select leaders with the necessary competence and reputation.