Meet the New Corporate Boardroom – But Not Yet

Meet the New Corporate Boardroom – But Not Yet

As a result of the Web, Social Media and all its parts have taken us by storm. They’ve caused an unprecedented shift in transparency, ease, speed and reach in the distribution of a message in almost any form you want. But I think the biggest shift is in the level of transparency that’s come out of it. So powerful is this shift that all the brands we know so well are feeling the heat to comply to survive and grow by being a “part of” rather than “aloof to” the consumers and people in general – and really mean it. They had to change.

All Great Causes Begin as a Movement, Degenerate into a Business, and then end up as a Racket.

Like most other enterprises in the beginning, these hyper-successful Online products and services ala’ Social Media were not the makings of a corporate boardroom. Then somewhere along the way they thought they should develop a corporate board.  In came the Venture Capitalists with the boardrooms and the meetings. The different and radical thinking that got these startups to where they are gave way to acting like all the other guys.

The transparency that has “gingerly” nudged brands into conducting themselves with more responsibility and sensitivity in regards to the consumer has yet to reach the boardroom level with the old school “behind closed doors” approach to things. Money changes everything so things can stay the same – but times they are a changing.

Because the speed, reach, and transparency of a message is only going to continue to accelerate and evolve , I believe an entire new breed  of Venture Capitalists are going to emerge that’ll look through different eyes and take different risks and find a way to use the transparency and everything else to their advantage. They’ll adapt and change out of sheer survival.  In other words they won’t fight this paradigm shift created by Social Media and they won’t want to. They’ll leverage it.  They’ll think like the very people that created these game-changing products and services. The end users will become the boardroom.

Understanding the name itself, “Social Media” tells the tale. It is “Social” meaning involved, part of, engaged, responsive, mindful, and eventually transparent. All parts of a solid relationship. One Tweet can alter a business’s approach drastically in action – or non action at their peril, (depending on if they are even paying attention.) The corporate boardrooms are holding on for dear life to protect the status quo.  But how long do you think before the boardroom has to do the same as other aspects of their brands and become Social on a level I don’t think they want to look at yet?

Blackball Online Marketing provides SEO Pittsburgh Services and Pittsburgh Online Business Consulting services.

Tags: Marketing, pittsburgh businesses, Small Business, Social Media, Technology

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