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Corporate Alumni Networks: Leveraging Intangible Assets - Xing

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Priorities for alumni network platform offerings<br />

Benefits to Company<br />

10<br />

9<br />

8<br />

7<br />

6<br />

5<br />

4<br />

3<br />

2<br />

1<br />

0 1<br />

2<br />

3<br />

9<br />

4 5 6<br />

Benefits to <strong>Alumni</strong><br />

7<br />

8<br />

6<br />

In other cases, the figure suggests that there are interesting trade-offs to be considered.<br />

10<br />

4<br />

7<br />

For example, “useful information” ranked the lowest in terms of value for the company.<br />

However, it scored the highest for ease of implementation (it could easily be provided by a<br />

syndicated service or one of the major Internet portals), and the Thought Leaders also felt<br />

that it would be a “sticky” feature that attracted traffic to the web site, so it ranked fourth in<br />

the final list. Here, the cost of implementation might be an important factor.<br />

Personalization (the ability of members to define how they interact with the network) ranks<br />

high in alumni value. The features in this area would also greatly enhance the functionality<br />

of the highest ranking offerings – directories, the career market, and interactive events on the<br />

network – and this could significantly raise its value in the eyes of the company. But the<br />

technology required is relatively complex (and expensive), so ease of implementation is low.<br />

This is an advanced offering that should be reserved for implementation at a later stage in<br />

development.<br />

Financial incentives (such as discounts or group procurement plans) scored fairly well for<br />

alumni, but promised little value for the company; its low score for ease of implementation<br />

made it the lowest priority.<br />

2<br />

3<br />

8<br />

5<br />

1<br />

9<br />

10<br />

Top-10 Offerings<br />

(ranked by average total score)**<br />

01. Directories and profiles (7.7)<br />

02. Career marketplace (7.3)<br />

03. Network events (6.4)<br />

04. Useful information (5.9)<br />

05. Personalization (5.8)<br />

06. Access to company knowledge (5.8)<br />

07. Knowledge sharing (5.5)<br />

0.8 Personal development discussion<br />

groups (5.5)<br />

09. Business development<br />

facilitation (5.1)<br />

10. Financial incentives (4.3)<br />

**Note: total scores combine scores for<br />

benefits to company and to alumni, plus<br />

ease of implementation<br />

Bubble Size –<br />

Ease to Implement<br />

16

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