@Revolution:Global Business News

New Economy, Leadership, Entrepreneurship, Management, Global Business

Social Networks – Execs Use Them Too

Posted by iBlog on September 9, 2007

Encover Chief Executive Officer Chip Overstreet was on the hunt for a new vice-president for sales. He had homed in on a promising candidate and dispensed with the glowing but unsurprising remarks from references. Now it was time to dig for any dirt. So he logged on to LinkedIn, an online business network. “I did 11 back-door checks on this guy and found people he had worked with at five of his last six companies,” says Overstreet, whose firm sells and manages service contracts for manufacturers. “It was incredibly powerful.”

Read the full article in BusinessWeek.com

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