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Becoming a supplier to a large business can be just a pain, particularly if you are a small business. The overhead involved can even consume more time and effort than the actual work itself. When you consider that in the US 70% of our businesses are small and medium sized, this is a large scale headache. More so, what is crucial is that small businesses hire employees faster. The White House Blog indicated that: “after a small supplier lands a big purchase order or a contract from a bigger company, the small company’s revenues go up 250% and they create about 150% more jobs in just two or three years.”

To get a stalled economy moving again, improving the purchasing process in large businesses particularly in relation to hiring small suppliers would do wonders for everyone. Within these processes, there can be small changes that can create large waves of transformations that help to open up the economy."

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Anyway, Social Software Tools: A Critical Evaluation offered useful insight into the choices SMBs need to make when moving into social networking. Tony Byrne, founder of CMS Watch, started with a useful breakdown of the complex world of social networking, beginning with separating external and internal applications, depending on whether the connections occur inside or outside your company:

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Ken Morse, directeur du MIT (Massachusetts Institute of Technology) Entrepreneurship Center, est l’une des personnalités les plus marquantes de la planète dans le domaine de l’esprit d’entreprise. Ce serial entrepreneur, qui fut notamment à la genèse de grands groupes comme 3com ou Aspen Technology, parcourt le monde de conférences en ateliers. Il dispense ses conseils et bonnes pratiques accumulées au cours d’années d’expérience et de contacts avec les entrepreneurs de tous horizons. Ken Morse a notamment vécu en Bruxelles où il a passé “quelques unes de ses meilleures années professionnelles et personnelles”.

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