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One of the most fascinating elements of the Web 2.0 revolution is the scope and speed of innovation driving new developments on the Web. Witness the creation of new measurement and search tools related to tracking content on Twitter. This post by Brian Solis discusses the merit of Summize, one of several new monitoring tools. This one includes a “sentiment” tracker that breaks down the content according to positive or negative connotations – sort of like the typical “tone” tracking for news media content. I admit I’ve not been using Twitter much these days and have not used any of these monitoring tools, but based on what I’ve seen these should be added to the toolkit of all PR professionals involved in social media. Yet another example of the dynamic, creative environment on the Web.

The death of political journalist Tim Russert this weekend has sparked a flood of well deserved tributes. But I think some of them are missing the point (the fact Russert was a great father is positive, but not really relevant to his huge contribution to journalism.) As noted in this post by Jeff Beringer in the GolinHarris blog, Russert was respected and will serve as a role model for future generations because he was a consummate professional and absolutely, undeniably authentic. His legendary preparation, passion for his craft, interviewing skills and dedication to fair, relevant journalism was rare in network television. But what stands out for me is that Russert didn’t have an obvious agenda or bias. Unlike other pundits who get kudos for being honest and direct - Lou Dobbs of CNN comes to mind - Russert’s authenticity was not driven by a dogmatic editorial position or bombastic personality. He was a regular guy interested in finding the truth, asking the tough questions and fostering a productive debate. I truly hope his lessons live on with a new generation of reporters. 

I’ve been having discussions with peers lately on the right mix of information leaders should share with their employees – notably during employee meetings (virtual or face-to-face.) The dialogue was spurred by a recent meeting that featured leaders sharing a range of timely information with the troops: financial updates, progress reports on major programs, an update on the economy…news good and bad was shared and potential elephants in the room (e.g. likelihood of layoffs) were proactively addressed. The format was a blend of slide presentations, informal interplay between presentors and robust Q&A. In short, the meeting was relevant, candid, transparent and reflected – I thought – a real commitment to dialogue and respect for the employees. The content was much more timely and frank than I’ve heard in many company meetings, which are too often highly choreographed affairs with a lot of fluff and contrived cheerleading and not enough facts or honest discussion.

But here’s the catch. Some of the comments from participants at this meeting were negative, with complaints about the complexity of the information, the length of the meeting and the lack of softer, social news.

In the soul-searching that ensued, there was consensus that leaders should always consider the concerns, demographics and interests of their audience – the employees. Most also agreed you needed to blend the hard news with more “human” material focusing on employees and culture. And nobody argued with the reality that presentations and topics should be customized for particular levels and roles. But there was disagreement about whether all employees should be briefed on the nuts and bolts of the business and market, or updated on the financial performance of the company. Won’t this go over the heads of the front-line folks? Do we really need to talk about earnings or stock value? Won’t the employees be bored? Why can’t we focus more on picnics and awards?

From my perspective there is an undercurrent of arrogance and elitism in the argument that employees won’t understand – or can’t be trusted with – the straight goods. I believe employees deserve to be educated and briefed about their company on a regular basis, and that leaders should make two-way communication a personal priority. But it’s two-way street. Just as executives need to be forthright, relevant and responsive, employees have a responsibility – no matter what their level – to have a base level of understanding about their company. If they get restless and squirm for a couple of hours every quarter or so when the CFO’s going over the numbers, that’s a small price to pay for having the chance to hear valuable information and question their leaders in person. Getting valuable information about the company is a hard-fought priviledge that shouldn’t be wasted.

Though I’ve dabbled in many areas of social media, I’ve never jumped on with the Twitter bandwagon. To me – and I suspect to others – it remains a fun but essentially trivial fad that is not worth the trouble. But things seem to be changing. Check out this article in the Toronto Star, which suggests Twitter may have reached a tipping point into relevance with timely and critical news updates from recent disasters and political events. As the article puts it, Twitter has become a critical real-time, unmediated, globe-spanning conversation, with everyone a 24-hour news service. Even more than blogs or even social networks, a micro-blog platform like Twitter can provide reach and grass-roots immediacy that easily trumps the major media outlets.

Beyond becoming a news channel, Twitter continues to evolve as a useful networking tool that overlaps across the major players (Facebook, Linkedin.) The best example I’ve seen is several informal user groups in the tech sector and the Twitter updates that have mobilized participants in SXSW in Austin the past couple of years. And as Dell has shown, Twitter can be used as a marketing tool by posting specials and blog links to interested “friends”.

The lesson here is not so much that Twitter is protean and appears to be maturing into a more useful platform, but that it’s a risky game to predict how things will turn out in the Web 2.0 environment.