The Revolution will be Twitterized

Fascinating Forbes article:

Executives can’t hide from the outrage. In the Netherlands earlier this year a social media campaign against bankers’ bonuses focused on Amsterdam-based ING. People began threatening en masse to withdraw deposits. CEO Jan Hommen voluntarily waived his upcoming $1.8 million bonus and ordered all company directors to do the same. British Prime Minister David Cameron recently proposed shutting down social media during riots like those that brought chaos to the U.K. recently. But Google Chairman Eric Schmidt replied to that idea in an interview in the Guardian with advice that applies equally to CEOs: “It is a mistake to look into the mirror and try to break the mirror. Whatever the problem was [that caused the riots] the Internet is a reflection of that problem. If you have a problem, use the Internet to understand what the problem is.”

Must read article

Related articles

• Social Power and the Coming Corporate Revolution (forbes.com)
• Collins slams U.K. government over riots reaction (hollywood.com)
• Twitter and Facebook riot restrictions would be a mistake, says Google chief (guardian.co.uk)