Comments on: GuanXi and Social Capital : Importance and implications in business and the Internet http://www.filination.com/blog/2007/04/22/guanxi-and-social-capital-importance-and-implications-in-business-and-the-internet/ A different look at Chinese cultures - China, Hong Kong and Taiwan Mon, 15 Mar 2010 19:01:02 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Microsofts Personensuchmaschine EntityCube | Wollmilchsau - Das Personalberater Blog http://www.filination.com/blog/2007/04/22/guanxi-and-social-capital-importance-and-implications-in-business-and-the-internet/#comment-84848 Microsofts Personensuchmaschine EntityCube | Wollmilchsau - Das Personalberater Blog Thu, 10 Dec 2009 16:47:53 +0000 http://www.filination.com/blog/2007/04/22/guanxi-and-social-capital-importance-and-implications-in-business-and-the-internet/#comment-84848 [...] auch einen Überblick über den sozialen Kontext der Person zu geben und im Rahmen einer “Guanxi Map” ihr soziales Einflussvermögen [...] [...] auch einen Überblick über den sozialen Kontext der Person zu geben und im Rahmen einer “Guanxi Map” ihr soziales Einflussvermögen [...]

]]> By: Social Capital Value Add - Chinese Version @ China 2.0 | Social Capital Value Add http://www.filination.com/blog/2007/04/22/guanxi-and-social-capital-importance-and-implications-in-business-and-the-internet/#comment-82758 Social Capital Value Add - Chinese Version @ China 2.0 | Social Capital Value Add Wed, 12 Nov 2008 21:12:26 +0000 http://www.filination.com/blog/2007/04/22/guanxi-and-social-capital-importance-and-implications-in-business-and-the-internet/#comment-82758 [...] out these posts on the consistencies of the Chinese notion of guanXi and social capital.  New global economic order [...] [...] out these posts on the consistencies of the Chinese notion of guanXi and social capital.  New global economic order [...]

]]> By: EDU http://www.filination.com/blog/2007/04/22/guanxi-and-social-capital-importance-and-implications-in-business-and-the-internet/#comment-65341 EDU Thu, 10 Apr 2008 19:20:57 +0000 http://www.filination.com/blog/2007/04/22/guanxi-and-social-capital-importance-and-implications-in-business-and-the-internet/#comment-65341 Hi Man: This is Edu. What's up man. Looking for some info about Guan Xi .... research work. What about you, what are you doing lately, do you continue at NCKU? Hi Man:

This is Edu. What’s up man. Looking for some info about Guan Xi …. research work. What about you, what are you doing lately, do you continue at NCKU?

]]> By: Keith Goode http://www.filination.com/blog/2007/04/22/guanxi-and-social-capital-importance-and-implications-in-business-and-the-internet/#comment-13212 Keith Goode Wed, 25 Apr 2007 18:30:29 +0000 http://www.filination.com/blog/2007/04/22/guanxi-and-social-capital-importance-and-implications-in-business-and-the-internet/#comment-13212 Great post. There is no denying the importance of who you know. In the popular game show “Who Wants to be a Millionaire” contestants have “Ask the Audience” and “Ask a Friend” as life lines in their quest to the million dollar question. This is a Prime Time example of the value of Social Capital at work. Obviously, closing a sale or getting a job because of some one you knew is the more common example of Social Capital. The tools you mentioned in your post like (LinkedIn, Visual Path and Medium) are fantastic new sites to broaden and manage one’s virtual social network and in the early evolution of Social Computing (Web 2.0) I would expect this type of development. However, I would argue that as virtual social networking continues to increase, we will begin to see a new set of Organization Management tools focused on the measuring and managing Social Capital. After all, have you ever seen an organization that wasn’t concerned about its working capital? (No). Then it is just a matter of time when organizations will want to measure and manage its Social Capital. If organizations spend millions on systems that measure and manage their working capital (Finance Systems) and/or their Human Capital (HCM), how much will they spend to measure their Social Capital? If you equate value to knowledge (information) as it relates to the sarcastic statement “It’s not what you know but who you know”, than the value of an organization is not what its people know but rather who they know. Over the last decade, organizations have frantically worked to manage the knowledge of their individuals, perhaps now they should focus on their collective Social Network. In the Chinese culture, how do organizations measure and manage the collective Social Network? Great post.

There is no denying the importance of who you know. In the popular game show “Who Wants to be a Millionaire” contestants have “Ask the Audience” and “Ask a Friend” as life lines in their quest to the million dollar question. This is a Prime Time example of the value of Social Capital at work. Obviously, closing a sale or getting a job because of some one you knew is the more common example of Social Capital. The tools you mentioned in your post like (LinkedIn, Visual Path and Medium) are fantastic new sites to broaden and manage one’s virtual social network and in the early evolution of Social Computing (Web 2.0) I would expect this type of development.

However, I would argue that as virtual social networking continues to increase, we will begin to see a new set of Organization Management tools focused on the measuring and managing Social Capital. After all, have you ever seen an organization that wasn’t concerned about its working capital? (No). Then it is just a matter of time when organizations will want to measure and manage its Social Capital. If organizations spend millions on systems that measure and manage their working capital (Finance Systems) and/or their Human Capital (HCM), how much will they spend to measure their Social Capital?

If you equate value to knowledge (information) as it relates to the sarcastic statement “It’s not what you know but who you know”, than the value of an organization is not what its people know but rather who they know. Over the last decade, organizations have frantically worked to manage the knowledge of their individuals, perhaps now they should focus on their collective Social Network. In the Chinese culture, how do organizations measure and manage the collective Social Network?

]]> By: Michael Turton http://www.filination.com/blog/2007/04/22/guanxi-and-social-capital-importance-and-implications-in-business-and-the-internet/#comment-11090 Michael Turton Sun, 22 Apr 2007 12:36:06 +0000 http://www.filination.com/blog/2007/04/22/guanxi-and-social-capital-importance-and-implications-in-business-and-the-internet/#comment-11090 Hey! Great post. But there are a couple of important differences between social capital and guanxi, I think. Theorists of social capital have emphasized positive externalities arising from civic culture as a form of social capital, but guanxi is the opposite. Guanxi is formation of personal networks that undermines organizational effectiveness....the way, for example, businessmen and government officials form guanxi networks to the detriment of both the government and society, as well as, ultimately the business itself. I think the differing concepts of the social self in Chinese and western culture need to be taken into account before social capital and guanxi networks can be compared -- there has to be a way to differentiate social capital from mere personal networks. Here the field is insufficiently defined and theorized. Great post. Michael Hey! Great post. But there are a couple of important differences between social capital and guanxi, I think. Theorists of social capital have emphasized positive externalities arising from civic culture as a form of social capital, but guanxi is the opposite. Guanxi is formation of personal networks that undermines organizational effectiveness….the way, for example, businessmen and government officials form guanxi networks to the detriment of both the government and society, as well as, ultimately the business itself. I think the differing concepts of the social self in Chinese and western culture need to be taken into account before social capital and guanxi networks can be compared — there has to be a way to differentiate social capital from mere personal networks. Here the field is insufficiently defined and theorized.

Great post.

Michael

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