How do social networks add value for the work of leaders? What are key network mechanisms? How can you improve the strategic impact of your social capital? This session introduces the idea of ‘social capital’, along with social network concepts, tools, and strategies. The evidence comes from recent findings about how collaboration in basic research in biotechnology occurs, how firms explore innovative technologies, and on how individuals create professional advantage. The themes focus on how social networks change the terms of value creation, create de facto systems of opportunity and advantage, and extend basic leadership in contested, ambiguous professional settings. The session is interactive, rather than one-way lecture.
Read aheads for the session– Hargadon, A. 2006. ‘Brokers of innovation.’ Focus, vol. VIII, no. 1.
– Uzzi, B and S Dunlap. 2005. ‘How to build your network.’ HBR, December.
– Reprint # R0512B
– Weick, K. 1996. ‘Prepare your organization to fight fires’ HBR, May-June.