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You are here: STEP Trends | Socio-cultural | Information owned by many
STEP Trends | Socio-cultural 
Information owned by many

Concept
With the first generation of the Internet, information was provided and owned by the few for the consumption of many. The second generation Internet sees the many now willing and able to contribute to wealth of knowledge and information.

Companies and individuals alike are now no longer in control of the information written about them on the web – nuggets of information appear within many diverse sources. It is not easy to either seek out all the information or influence the impression that it is making.

Trajectory
To date, Internet reputation is often overlooked by companies and individuals alike. The power of Internet reputation has not yet hit home in many instances, and its impact on brand – positive or negative – is not fully understood.

It is possible that we will see this coming to a head in the next few years. Major brands may be hit hard, if they do not acknowledge that their brand’s identity and the information about it are being created in a wider context by the ‘many’. Failing to manage the reputation of brands on the Internet may have damaging consequences.

If one major brand is affected in this way, there will be an initial knee-jerk reaction from other brands as this event brings the message home. Initially, other brands will fight hard to regain control of information about them, but this is doomed to failure as information proliferation cannot be controlled on the web. In the longer term, companies and individuals will embrace the ability of the Internet to build or destroy their reputation and managing Internet reputation will become a mainstream activity.


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Trends 2010+
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