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Financial Services Is Lagging On Social Media

Banned on Wall St.: Facebook, Twitter and Gmail - NYTimes.com

According to the research firm Gartner, the number of global organizations blocking social media is declining 10 percent annually. By 2014, fewer than 30 percent of all large organizations are expected to be blocking employee access to social media. As other traditionally strait-laced industries like consulting and law increasingly incorporate social media in the workplace, the financial services are lagging.

The regulatory argument is probably not as big a consideration as the senior management mindset against younger workers being distracted — or talking to each other — during working hours.

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    I can vouch for this. Facebook and Twitter have always been a no no at my company, but Tumblr was finally blocked a few...
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