I’ve managed many virtual teams in the oil & gas business over the years. In this type of working environment, there are no barriers created by distance or time zones. LinkedIn also allows you to network with contacts without regard to time or geography. You are no longer restricted to networking with contacts in the same city. As with the virtual teams of the projects you work on, you can now network with contacts around the globe. Interestingly, a new phenomenon has spawned from online networking. It is offline real person-to-person business networking at newly formed clubs cultivated from the internet.
LinkedIn is the biggest professional social network around today. It takes you to the whole of global work life and now makes it mandatory for all serious experts to be listed on LinkedIn. The database isn’t just for employees who are happy in their current job and it equally serves those who are seeking a new job. LinkedIn allows you to connect with tens of millions of professionals who all share the network and their knowledge in the Group discussions and Answers section.
Hundreds of technical, commercial, social, economic, and financial questions are answered each day on the LinkedIn website.
The Jobs section of the LinkedIn website has four tabs; Jobs Home, Saved Jobs, Saved Searches, and Advanced Search. The Jobs Home tab allows you to enter job the search criteria of keywords, job title, company, location, country, post code and search radius. The Advanced Search tab includes all the criteria of the Jobs Home tab, with the addition of five other filters. The Functions option allows you to refine your job selection to accounting, auditing, administrative, advertising … through to supply chain, training, and writing/editing. Experience, Industries, Date Posted and Salary (for an additional monthly fee) options also exist.
Co-founder Reid Hoffman’s living room is LinkedIn’s 2002 birthplace and today’s CEO is Jeff Weiner. Two new members now sign up to join LinkedIn every second. The LinkedIn website makes its money from the subscitions charged for premium services, onsite advertising, and hiring solutions. LinkedIn has over 135 million members in more than 200 countries and is the world’s largest professional network. The company estimates that 4 billion people searches were carried out last year on their website. LinkedIn is currently available in fourteen languages: English, French, German, Indonesian, Italian, Japanese, Korean,Malay, Portuguese, Romanian, Russian, Spanish, Swedish and Turkish.
Executives from all of the Fortune 500 companies are members of LinkedIn. And company pages have ben created by more than 2 million companies. The LinkedIn Hiring Solutions service is used by 75% of the Fortune 100 companies. There are now more than one million LinkedIn Groups ranging from the Architectural Association Alumni to the System z Advocates. It is also possible to apply for advertised vacancies on LinkedIn and hundreds of thousands of job applications have been submitted using Apply with LinkedIn. In fact, LinkedIn currently receives more than half of its total income from it Hiring Solutions revenue stream.