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Trans Stellar Journals , 2021
In the break of the new century, we see several challenges that the new talent acquisition manager is confronted with. Demographic changes and war for talent has shifted the focus of the organization from financial goals to people centric goals. Building a stronger organization required the people at the top to think strategically to meet the gap between the demands for a certain category of talent to supply in the required category. Even top-notch companies like Google and Amazon today are confronted with the challenge of meeting the talent needs of the organization. The innovative acquisition practices are developed to not only attract the smarter candidates but also to create a brand for themselves in the market. The challenges which most companies are facing today are not only attracting the best candidate to apply for the vacant post but also finding the best fit for the organization. This dynamic has led to a lot of frustration from the talent acquisition managers. In this present scenario, what came as a boon to most of the talent acquisition managers is the usage of social media for recruiting and hiring the top talent. The millennial generation (or "digital natives") grew up with social and mobile technology and led the way in adopting these technologies. But today, job hunters across demographic groups often begin their interactions with employers via the social Web, where they expect to become familiar with the employer's culture and "brand," learn about available job opportunities and even directly engage with employers. The purpose of the research is to understand the effective usage of social media for attracting and retaining employees in the industry and also to evolve strategies to create a compelling brand. Social media has proved to be faster in reaching out to the millennials but the biggest drawback which was observed by many of the industry stalwarts today is to find the best fit for the vacant positions over a period of time. The media has also opened up several challenges like employees have started moving from one job to another which creates a vacuum in most of the organizations in their key positions and there is increased competition for retaining the employees. For the purpose of the study, a comparative analysis is drawn between various companies to understand how each competing brand have fared in branding themselves through social media.
2020
Social media is becoming increasingly relevant for corporate businesses. It is becoming increasingly relevant part of everyday life for overall population. It creates virtual communities that are very important for corporations in order to adjust to market tendencies. Great advantage of social media for corporations is being able to promote their business in a more efficient way, creating virtual communities that can help establish close connection with clients and to create a narrative that can bring benefit. Opportunity for companies via social media is creating long lasting bond with customers that can constantly be improved and moderated for the sake of everyone’s interest. Furthermore, social media, today, is an important factor in recruiting new employees. Interactive way of communicating is another milestone where companies can attract clients, maintain good relations, and create promotions that are much more creative in nature.
Advances in logistics, operations, and management science book series, 2020
In digital world, people spend most of their time on social media. Social media has gone beyond being just an online communication platform. It has become a channel that users prefer to other online platforms, such as websites, blogs, forums to get information about various businesses, events, and individuals. With Industry 4.0, all devices are connected to online platform, smart devices get more place in daily life. Instead of accessing information through individual applications, consumers prefer to obtain information from the company's social media pages and/or the company's internal and external customers' shared content. The purpose of the chapter is to indicate the importance of social media use, for organizations to interact effectively with all stakeholders, and to explain the benefits of social media usage of organizations in terms of different functions with examples from best cases and results of empirical researches.
2019
In a rapidly changing era, entrepreneurs, as well as marketers, need to be up to date with the change in the business environment or they may have to face the risk of being obsolete. Days are long past when a conventional business model used to grow fast and get success. In the era of Facebook, WhatsApp, Twitter, and Instagram, social marketing has evolved as an integral part of marketing strategy. It is all most impossible to think of a marketing strategy without taking into account the importance of social media. Adopting some form of online promotion through social media has become essential for all business houses. In an industry where trends are changing in faster than light, adoption of social network marketing is very vital for companies to survive in that race. In this paper, the researcher has tried to find out the importance and effectiveness of social media as a marketing and promotional tool. An attempt has been made to analyze the extent of influence of social media as ...
Social media has changed the way we communicate and interact with people.
Academy of Strategic Management Journal, 2021
Innovations and technology are pervasive, and they are affecting society with every fast change it goes through itself. We're seeing a tremendous change by means of the Internet and the ascent of social media. Truth be told, social media is ready to change society in a much more essential way. Regardless of whether one is a CEO, the leader of a country or a plebeian, every little thing around one is via social media: individuals' data, personal information, different preferences, and other everyday exercises. In fact, everything said or done is presently a matter of freely available report, and nothing can stay covered up any longer. Business leaders & marketers are progressively utilizing online media to impact consumer decision making, as they ought to be discerning of the way that social media permits clients to adjust a brand or deal with business, they should react as well as proactively share social media to be a positive power for society. This paper will cover most of the parts and aspects of social media with its positive and negative impact. Zero in is on the specific field like business, education, society and youth.
The research paper is concerned with regards to the positive impact and role that social media plays in the workplace. Living in a generation with constant advancements in technology, different businesses begin to utilize these various innovations as a form of reaching out to their target audience or market. With the rapid pace of improvements contributed by technology to the daily lives of individuals, employees tend to make use of different social media sites. The impact of the use of these social media sites still remain unknown whether it affects workers in a positive or negative way. The paper discusses the hypothesis of the researchers that the use of social media is beneficial to the productivity of employees, two-way communication with customers, and collaboration in the workplace. Information and data were gathered through the distribution of survey questionnaires to fifty (50) random working office employees of a business companies. This contains three main parts in which questions about the usage of social media in the workplace, availability and access to technology, and the modes in which they are being utilized. Application to their field of work and their purpose was also investigated by students in order to collect qualitative information with regards to this study. The second part of the survey questionnaire focuses on the level of agreement of employees on the positive effects of social media with the basis of their personal experiences, in which a likert-type scale was used. The last part of the survey aims to gather quantitative data about the point of view of employees on social media’s positive correlation to the workplace. Information gathered in this area is presented in a statistical manner, including the mean, median, mode, variance and standard deviation. Interpretation of results is also shown through a box and whisker plot. The levels of measurement used in the study includes nominal, ordinal and ratio as the data gathered are both quantitative and qualitative. Details are shown through different visual representations such as pie charts, bar charts and frequency distribution tables to help users of this study further visualize the data collected. Based from the data gathered in the survey, the objectives’ validity was tested through the hypothesis testing. As a result, all of the objectives rejected the null hypothesis which the researchers were able to conclude that social media has a positive effect on the employees’ productivity, two-way communication with clients and collaboration. The researchers were also able to find out that there was a strong indirect correlation between the ages of the employees and their perception regarding the usage of social media in the workplace which conveys that the millennials generation are more inclined in using social media than those in generation X and Y. Thus, the researchers have proposed recommendations for management implications which are: there should be effective handling of social media to prevent inappropriate and use of social media, to have caution in the utilization of social media, and for relatively older workers, they may choose not to use social media. Overall, the researchers suggest that different business organizations should consider using social media in their work environment. In addition to that, there were also recommendations for succeeding actions which are: for future researchers who will be conducting the same research, they should test more or other variables, enhance the scope and delimitation, and different methodologies could also be used in order to have accurate results.
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