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	<title>Stature Software Blog &#187; facebook</title>
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		<title>Facemail Will Be A Disaster For Businesses</title>
		<link>http://blog.staturesoftware.com/2010/12/02/facemail-will-be-a-disaster-for-businesses/</link>
		<comments>http://blog.staturesoftware.com/2010/12/02/facemail-will-be-a-disaster-for-businesses/#comments</comments>
		<pubDate>Thu, 02 Dec 2010 11:20:03 +0000</pubDate>
		<dc:creator>Erin</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[business users]]></category>
		<category><![CDATA[enterprise email]]></category>
		<category><![CDATA[facebook]]></category>
		<category><![CDATA[facemail]]></category>
		<category><![CDATA[mark zuckerberg]]></category>
		<category><![CDATA[messaging service]]></category>
		<category><![CDATA[traditional email]]></category>

		<guid isPermaLink="false">http://blog.staturesoftware.com/?p=576</guid>
		<description><![CDATA[Innovative for sure, but will Facemail really replace enterprise email? Not so fast.
Facemail poses many problems for businesses - large and small.]]></description>
			<content:encoded><![CDATA[<p>&#8220;Email is dead,&#8221; claimed Mark Zuckerberg as he launched the new Facemail Messaging service a few weeks ago.</p>
<p>Zuckerberg believes the messaging service &#8211; which is &#8220;not e-mail&#8221; &#8211; will mark the end of traditional e-mail as we know it.</p>
<p>Essentially, Facemail will:</p>
<p><strong>- replace a <em>subject-base</em>d list of email with a <em>people-based</em> list.</strong></p>
<p><strong>- unify some media.</strong></p>
<p><strong>- archive messages permanently.</strong></p>
<p>Innovative for sure, but will Facemail really replace enterprise email?</p>
<p>Not so fast.</p>
<p>Facemail poses many problems for businesses &#8211; large and small.</p>
<p>How?</p>
<p>First, let&#8217;s look at the issue of replacing <em>subject-based</em> lists with a <em>people-based</em> lists.</p>
<p style="line-height: 1.6em;margin-bottom: 1em;padding: 0px">Facebook would have us believe that the standard email setup of subject/recipients/text is antiquated. It proposes that the inbox is better organized as a list of <em>conversations with people</em>, not as a list of topics.</p>
<p style="line-height: 1.6em;margin-bottom: 1em;padding: 0px">In the new Facebook Messaging, you&#8217;ll see a list of people; when you click on a person, you&#8217;ll see a list of all the messages you and that person have ever exchanged.</p>
<p style="line-height: 1.6em;margin-bottom: 1em;padding: 0px">It&#8217;s certainly possible that this idea would be useful for a <em>social</em> inbox, but for business? Not so much. Most business users need to be able to follow the thread of a conversation, yet keep several conversations on different topics separate &#8212; even if the conversations are with the same people.</p>
<p style="line-height: 1.6em;margin-bottom: 1em;padding: 0px">It also looks as though Facebook won&#8217;t provide control over the recipient list when replying to a thread. This, too, is bad for business &#8212; it&#8217;s important for users to be able to add and delete recipients and spawn side-conversations.</p>
<p style="line-height: 1.6em;margin-bottom: 1em;padding: 0px"><span style="line-height: 19px"><span style="line-height: 20px">Second, the issue of unified media.</span></span></p>
<p style="line-height: 1.6em;margin-bottom: 1em;padding: 0px"><span style="line-height: 19px"><span style="line-height: 20px"><strong>Facemail is email, text messaging, and instant messaging</strong> (or chat) all rolled into one. There&#8217;s talk of Skype being included as well. This isn&#8217;t exactly triumphant news. Many enterprise email systems already have unified messaging features &#8211; and guess what? They&#8217;re great for those people who communicate in a social context, but for business it&#8217;s much less important. The tools are always available for everyone to get email when they need it.</span></span></p>
<p style="line-height: 1.6em;margin-bottom: 1em;padding: 0px">Lastly, the permanent archival of messages.</p>
<p style="line-height: 1.6em;margin-bottom: 1em;padding: 0px"><strong>Facebook says it will preserve these messages &#8211; text, chat, messages &#8211; forever.</strong> And, THAT could be very problematic for employers and inhouse counsel which have their own retention policies in place. For instance, if a company typically deletes e-mail every 90 days, it will be unable to enforce that on e-mails created in Facemail.</p>
<p style="line-height: 1.6em;margin-bottom: 1em;padding: 0px">Keeping data forever is just not an option for companies. The legal risk is too overwhelming.</p>
<p style="line-height: 1.6em;margin-bottom: 1em;padding: 0px">Now, companies that already have policies in place for handling outside e-mail and chat providers will have to ask their inhouse counsel to develop new policies that categorize Facebook with the rest of those services.</p>
<p style="line-height: 1.6em;margin-bottom: 1em;padding: 0px">E-mail is still a useful service &#8211; and contrary to what Zuckerberg believes, it&#8217;s not going away just yet.</p>
<p style="line-height: 1.6em;margin-bottom: 1em;padding: 0px">Can you picture a leading company exec sending a top secret inner-office memo to a colleague through Facemail?</p>
<p style="line-height: 1.6em;margin-bottom: 1em;padding: 0px">Sorry Zuckerberg, but we&#8217;re not quite there yet.</p>
<p style="line-height: 1.6em;margin-bottom: 1em;padding: 0px">
]]></content:encoded>
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		<title>Small Business Finance &#124; Banks Dig Deep For Insight</title>
		<link>http://blog.staturesoftware.com/2009/02/26/small-business-finance-banks-insight/</link>
		<comments>http://blog.staturesoftware.com/2009/02/26/small-business-finance-banks-insight/#comments</comments>
		<pubDate>Fri, 27 Feb 2009 01:50:08 +0000</pubDate>
		<dc:creator>Erin</dc:creator>
				<category><![CDATA[Small Business]]></category>
		<category><![CDATA[facebook]]></category>
		<category><![CDATA[home based business]]></category>
		<category><![CDATA[small business finance]]></category>
		<category><![CDATA[small business online]]></category>
		<category><![CDATA[small business owners]]></category>
		<category><![CDATA[social networking]]></category>

		<guid isPermaLink="false">http://blog.staturesoftware.com/?p=52</guid>
		<description><![CDATA[Some banks are embracing the world of social networking to finally gain insight into the financial needs of small business owners. Will it work?]]></description>
			<content:encoded><![CDATA[<p>Is it an act of desperation?  Or a sign of the times?</p>
<p>Some banks &#8211; Fortune 500&#8217;s mind you &#8211; are embracing the world of social networking to finally gain insight into the financial needs of small business owners.</p>
<p>Banks like <a href="https://www.bankofamerica.com/" target="_blank"><strong>Bank of America</strong></a>, <a href="http://www.capitalone.com/" target="_blank"><strong>Capital One</strong></a>, and <a href="http://usa.visa.com/index.html?ep=a_cpc_rm_google_credit" target="_blank"><strong>Visa, Inc</strong></a> are barrowing a page from <a href="http://www.facebook.com" target="_blank"><strong>Facebo</strong><strong>ok</strong></a> to really get at the heart of their small business customers.</p>
<p>B of A &#8211; a leader in the banking world of social networking &#8211; launched its <a href="http://smallbusinessonlinecommunity.bankofamerica.com/index.jspa" target="_blank"><strong>Small Business Online Community</strong></a> web site in October &#8216;07.</p>
<p>There&#8217;s no advertising &#8211; no user fee &#8211; just a good old fashion forum on all things small business finance. Kudos to B of A for not trying to generate revenue here.</p>
<p>While business owners won&#8217;t find a &#8220;status update&#8221; feature, the site does give them a place to get tips and feedback from their counterparts.</p>
<p>Some of the more popular topics include: how to start a home-based business, how to convert online traffic to sales, and how to develop successful marketing plans.</p>
<p>The other guys are using their social networks a bit differently.</p>
<p>Instead of just one site, Capitol One has created a network of sites as a way to reach more small business owners online.</p>
<p>Visa, Inc has even gone so far as to set up a <a href="http://www.facebook.com/apps/application.php?sid=af15d182d83f54d5b108d1faa13286f3&amp;id=24249628048&amp;ref=s" target="_blank"><strong>Facebook business network</strong></a>. And get this &#8211; as part of the effort, Visa promised to give away $2M of Facebook advertising to small-business owners. </p>
<p>I checked the Visa Business Network this morning. It has nearly 23,000 active monthly members &#8211; no telling, though, which of them won the $2M in advertising.</p>
<p>It seems to me some of these banks may be grasping at straws here.</p>
<p>You would have thought they had this small business insight already &#8211;  right?</p>
<p>Banks &#8211; I offer you this one piece of advice:</p>
<p>Loosen up the purse strings and start lending again.  Small business owners &#8211; and the economy &#8211; will thank you for it later.</p>
]]></content:encoded>
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