While our social interactions have historically been constrained geographically, the Internet has quickly turned communication into a global phenomenon. Social media has greatly impacted diverse industries throughout the world and will continue to dominate in the social aspect of conducting business. Using social media in developing friendships and professional alliances, seeking employment and enhancing business to business marketing, financial services professionals will nurture long-term relationships with clients by gathering and sharing first-hand information and experiences quickly and efficiently. As online social networking becomes a more prevalent and habitually used method of business communication, professionals will be able to foster close relationships while remaining compliant with SEC and FINRA regulations.

 

Social media is not always an online distraction or procrastination platform. While some may be addicted to their social media networks, it is one of the best ways to stay informed. Major news outlets, corporations and persons of interest use social media to deliver messages to the masses. With items posting immediately, the public stays informed. Some issues cause controversy, but social media does more good than harm in retrospect…

Although some parents see social media as detrimental to their children, it actually does them some good to have social media accounts. Teens want to be aware and informed just as much as adults. Using social media allows teens to follow organizations and causes that they believe in. It makes them feel like they are a part of something, even when they feel like an outcast in society.

When natural disaster strikes and causes devastating destruction, social media is the ideal vehicle to deliver messages asking for support. Hashtags are created to help Internet users locate related stories and show their support for those affected by the disaster. This helps stories that begin locally to gain national or global attention.”

Social media sites are fast becoming standard tools for professional practices… The ability of social media sites to spread information beyond the capacity of traditional digital media makes them attractive tools for organizations and individual professionals…

Use of professional social networks affords researchers and professionals the opportunity to share their work across larger audiences of like-minded professionals, fosters the development of new collaboration, and offers a forum for online dialogue among remote colleagues…

Digital and social media are not only acceptable for the modern practicing physician, but have become necessary elements for relating to patients and practicing medicine.

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