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Monday 27 July 2009

Social Netwoking like Twitter and Oil&Gas Industry

Social Networking has already had an impact in the following industries:-

1) Management Consulting
2) Trading
3) Broking
4) Recruitment
5) e-Commerce / e-Business

You will notice that the above industries are either heavily biased towards Human Capital or Intellectual Capital, and social networking being 'networking' driven these industries have already started adjusting to yet another new way of doing business (after internet).

The fact that Oil&Gas industry relies heavily on human capital (from design to operations), it is certain that Social networking will make an impact. Only that its too early to know how? That's why this question?

a) Will large Oil companies tap a 'possible' vast social network thru its employees to conduct UAI surveys for new product launches?
b) Will large Oil companies move from TV advertising to Social Network Advertising for the Corporate Identity and Brand Communication?
c) Will the large Oil companies start inviting Request for Quotations via the Social network to tap the unknown potential?

There are several other areas which can be thought of? Comments welcome.

regards

Vikram Razdan
http://www.petrojobrecruit.co.uk